Latest Diamond Drilling Results News

Many Peaks Minerals has reported significant gold assay results from reconnaissance drilling at its Ferké Project in Côte d’Ivoire, highlighting multiple extension targets along a key shear corridor. Follow-up drilling is set to advance these promising findings.

Gold Mountain Limited launches a $3.5 million capital raise through an entitlement offer and placement to fund exploration projects in Brazil and Papua New Guinea, supported by key shareholders including Jose Luis Manzano.

Zenith Minerals has raised A$7.65 million through a strategic placement with Ida Metal Investments, strengthening its cash position to fast-track drilling at its Dulcie and Red Mountain gold projects.

Golden Horse Minerals has confirmed significant high-grade gold mineralisation at its Hopes Hill project in Western Australia, prompting an accelerated drilling program with four rigs now active. The latest diamond drilling results reinforce the potential for a substantial gold resource.

Noronex Limited’s maiden diamond drilling at the Fiesta Copper Project in Namibia has validated multiple copper mineralised zones, setting the stage for a significant upcoming drilling campaign funded by South32.

AuMEGA Metals has reported significant progress at its Cape Ray Project, extending gold mineralisation at the Central Zone and completing its largest-ever exploration program. The company is well-funded and poised for resource growth.

Larvotto Resources reports robust diamond drilling results at its Hillgrove project, confirming thick, high-grade gold-antimony mineralisation at Eleanora and Golden Gate. Exploration now shifts to promising new targets at Metz and Freehold.

Many Peaks Limited reports strong extensional diamond drilling results at its flagship Ferké Gold Project in Côte d’Ivoire, revealing increased gold grades and mineralisation depth. The expanded drilling program highlights promising growth potential ahead of resource estimation.

Strickland Metals has announced the discovery of a new high-grade copper-gold zone at its 5.3Moz AuEq Shanac Deposit in Serbia, revealing some of the highest copper grades ever recorded at the project. This breakthrough supports the company’s ambitious 50,000m drilling program and a targeted resource upgrade later this year.

QMines Limited reports promising visual sulphide mineralisation in the first diamond tail drill hole at Sulphide City, advancing its Develin Creek copper-zinc project resource upgrade.

European Lithium Ltd reports robust 2024 diamond drill results from its Tanbreez Rare Earth Project in Greenland, confirming consistent high-grade rare earth mineralisation with significant heavy rare earth content and promising associated metals.

Quantum Graphite Limited has made significant strides in developing its Eyre Peninsula Graphite Hub, progressing detailed planning with government stakeholders and attracting new financiers for its Uley 2 project. Exploration and purification testwork updates promise to refine its resource and product quality outlook.