Latest Diamond Drilling News

Beacon Minerals has reported robust assay results from 104 reverse circulation drill holes at its Iguana Deposit, confirming strong high-grade gold mineralisation at depth and reinforcing confidence in its geological model.

Coda Minerals has resumed its extensive diamond drilling program at the Elizabeth Creek Copper-Silver Project, progressing towards a pivotal Pre-Feasibility Study with strong commodity price tailwinds. Approximately 70% of drilling is complete, setting the stage for updated resource estimates and enhanced project economics.

Koonenberry Gold’s recent wide spaced RC drilling at the Hand in Hand Prospect confirms a 2km mineralised gold trend within the Enmore Gold Project, NSW, setting the stage for a major diamond drilling campaign to explore deeper high-grade targets.

Magmatic Resources has launched a significant 5,000-metre diamond drilling campaign at its Myall copper-gold project, backed by Fortescue under a $3.5 million FY26 exploration budget. The program targets multiple promising porphyry-style deposits, aiming to build on earlier encouraging results.

Magnetic Resources NL reports promising diamond drilling results at its Lady Julie North 4 gold deposit, indicating potential to expand the current 1.94 million ounce resource with significant underground extensions.

S2 Resources has secured an earn-in agreement for up to 75% of the Loch Lilly-Kars project, a vast and largely unexplored multi-commodity exploration area in New South Wales with geological parallels to world-class mineral belts.

Norwest Minerals has advanced its gold and silver projects with significant drilling campaigns and a strategic focus on its high-grade silver discovery, leveraging soaring silver prices and new geophysical data.

Altair Minerals has unlocked significant high-grade gold intercepts from historic drilling at its North Peters Prospect and identified a new promising target at Kmung within the Greater Oko Project in Guyana.

AuMEGA Metals has identified a significant multi-kilometre gold trend and a promising polymetallic base metals zone at its Bunker Hill Project in Newfoundland, setting the stage for focused drilling in 2026.

Larvotto Resources’ latest diamond drilling at Clarks Gully reveals continuous high-grade antimony-gold mineralisation and promising tungsten zones, validating geophysical targeting and opening new avenues for resource expansion.

Tambourah Metals has reported impressive high-grade gold intersections at its Tambourah Gold Project in Western Australia, highlighting strong potential for an initial resource estimate. Diamond drilling results confirm continuity of mineralisation at Tambourah King and promising findings at Alexandria and Young Australian prospects.

Lefroy Exploration Limited has confirmed significant high-grade gold mineralisation at its Burns Gold Deposit through recent diamond and reverse circulation drilling, reinforcing the deposit's development potential within its Lefroy Gold Project.