Latest Diamond Drilling News

Talisman Mining ramps up exploration in New South Wales with new gold targets and advances its Mabel Creek IOCG project in South Australia, supported by strong financials and ongoing drilling programs.

Aureka Limited has reported a significant 19% increase in its global gold inventory following a maiden JORC resource at St Arnaud and a new gold discovery at Irvine’s western flank, supported by a $3 million capital raise.

Kairos Minerals reports strong diamond drilling results at its Mt York Gold Project, revealing wide gold intercepts and extending high-grade mineralisation. These findings support a resource upgrade expected later this year.

Gorilla Gold has reported significant high-grade gold assay results from its Mulwarrie Gold Project in Western Australia, extending mineralisation down-plunge by 100 metres and discovering a new footwall lode. The company is preparing an updated Mineral Resource Estimate due in Q3 2025.

Santana Minerals reports significant high-grade assay results from drilling at the northern extensions of its Rise and Shine gold deposit, bolstering prospects for resource upgrades and mine life extensions.

Bubalus Resources has reported promising maiden drilling results at its Crosbie South prospect in Victoria, revealing high-grade gold mineralisation with significant associated elements. The discovery confirms an intrusion-related gold system with potential for further expansion.

Galileo Mining reports robust cash reserves and promising platinum group element assays at its Norseman project, while advancing exploration at Fraser Range and extending its lithium joint venture with Mineral Resources Ltd.

Cobre Limited has initiated an Environmental Impact Assessment and reported strong assay results from its Ngami Copper Project, setting the stage for a maiden Mineral Resource Estimate by August 2025.

Brightstar Resources reports a 25% production increase at its Second Fortune mine and unveils a promising new lode, while ore haulage begins at its Fish underground operation.

Gold Road Resources has agreed to a $3.40 per share acquisition by Gold Fields, combining fixed and variable cash components tied to Northern Star shares. Meanwhile, Gruyere mine production remains steady, with costs edging higher and strong cash flow underpinning the company’s financial position.

Dreadnought Resources has fortified its balance sheet with an $8.5 million capital raise and secured a $15 million joint venture with Teck Resources, advancing its Mangaroon gold and critical minerals projects.

West Cobar Metals has identified promising new copper, antimony, and silver targets at its Bulla Park project, supported by advanced geological and geophysical analysis. The company plans priority drilling to explore these zones and potentially expand its resource base.