Latest Diamond Drilling News

CGN Resources has secured significant new gold tenements in Western Australia's Leonora district and advanced exploration at multiple projects, maintaining a solid cash position to support ongoing development.

Podium Minerals has initiated a fully underwritten entitlement offer to raise approximately A$7 million, aiming to fund pilot plant testing and resource expansion at its Parks Reef PGM Project. The offer invites eligible shareholders to acquire new shares at 6.4 cents each, reinforcing Podium’s growth trajectory amid rising platinum group metal prices.

Bindi Metals Limited has agreed to acquire up to an 80% interest in the Ravni gold project in Serbia’s prolific Raska mining district, accompanied by a $2.5 million capital raising to fund exploration activities.

Infini Resources has intersected widespread high-grade uranium and polymetallic mineralisation in its Phase 2 drilling at Portland Creek, Newfoundland, validating its exploration model and hinting at a district-scale hydrothermal system.

OzAurum Resources reports exceptional heap leach testwork results at its Mulgabbie North Gold Project, confirming a promising low-cost development path supported by recent high-grade drilling.

FireFly Metals reports exceptional high-grade copper and gold drill results from its Green Bay Project in Canada, setting the stage for a significant Mineral Resource Estimate update this quarter.

Mammoth Minerals has intensified its exploration at the Excelsior Gold-Silver Project with a second drill rig, aiming to deliver its first resource estimate by Q4 2025. A comprehensive magnetics survey further sharpens targeting across multiple mineralised trends.

Venus Metals Corporation reports significant zinc and indium mineralisation from recent diamond drilling at its Youanmi Base Metals Project, initiating metallurgical testwork to refine zinc concentrate quality.

Astral Resources reports strong assay results confirming gold mineralisation extensions at its Spargoville Gold Project, while advancing drilling at Mandilla and completing lithium exploration under a joint venture.

Larvotto Resources reports strong high-grade gold and antimony intercepts from its Eleanora-Garibaldi drilling program, setting the stage for a Mineral Resource and Reserve update at its Hillgrove project in NSW.

West Coast Silver Limited has launched an accelerated Phase 2 diamond drilling campaign at its Elizabeth Hill Silver Project in Western Australia, aiming to build on recent bonanza-grade intercepts and explore deeper mineralisation targets.

Octava Minerals is set to launch an exploration drilling program at its Byro Critical Minerals Project following impressive bioleaching recoveries of rare earths, lithium, and vanadium. The initiative aims to define a maiden resource and advance the project’s development.