Latest Diamond Drilling News

Antipa Minerals has expanded its Minyari Project resource to 3.6 million ounces of gold equivalent and advanced key pre-feasibility work, including conventional processing and deeper open-pit studies. The progress comes with an auditor-highlighted going-concern uncertainty as the company prepares for further exploration and development spending.

Forrestania Resources has reported wide, high-grade gold intersections from 15 additional reverse circulation holes at British Hill in Western Australia. A diamond rig is now being mobilised to test below current RC drilling limits as the company works towards a larger mineral resource estimate.

Galileo Mining advanced several PGM, nickel, copper and gold targets at Norseman during FY2026, but a A$4.55 million exploration impairment pushed its annual loss to A$4.67 million. The company ended the year with A$7.48 million in cash and a growing drilling pipeline for Mission Sill and Callisto South.

Nexus Minerals has more than doubled the Wallbrook Gold Project’s Mineral Resource to 631,000oz, adding maiden resources at Payns and Branches. Combined with Pinnacles, group resources now stand at 709,000oz, although most Wallbrook ounces remain Inferred and no Ore Reserve has been defined.

Chariot Resources has secured A$1.1 million from institutional and sophisticated investors to advance its proposed Nigerian lithium acquisition, exploration and partner-funded development program. The raising also brings potential option dilution and only partially addresses the company’s secured debt.

Oceana Metals has more than doubled the confirmed rare earth mineralisation footprint at its Serra Negra project in Brazil to over 4.5 square kilometres. The result adds scale and several high-grade intervals, but 45 historical holes remain awaiting assays and true widths are not yet known.

Pilbara Gold has reported strong initial drill results from the Terra Prospect at Roe Hills, including 46 metres at 3.17g/t gold and a narrower high-grade hit of 4 metres at 9.91g/t. The results extend evidence of a mineralised corridor at least 1.5km long, although substantial drilling and follow-up work remain.

Solstice Minerals has extended copper-gold mineralisation beyond Nanadie’s current resource boundary, while downhole electromagnetic surveying has identified a 140m by 140m conductor scheduled for immediate drilling. The results add momentum to a three-rig campaign, but the resource itself remains unchanged.

Prospect Resources has expanded drilling at Nyungu Central after returning a 27-metre copper intercept outside the existing resource, while maiden drilling at Sharamba confirms a new copper discovery. The results add momentum to Mumbezhi’s growth story, but most Phase 3 assays remain outstanding and no resource update has yet been made.

Ordell Minerals has reported broad shallow gold intersections from the first 11 holes of a 122-hole infill program at McNabs East in Western Australia. The results strengthen the case for a maiden resource in the December 2026 quarter, although most assays and the key resource work remain outstanding.

Morella has established a maiden 5.44 million tonne Inferred resource at Mt Edon containing approximately 8,300 tonnes of rubidium oxide. The estimate gives the project scale, but commercial value still depends on recovery, purification and a viable product route.

Zinc of Ireland has transformed from a small Irish zinc explorer into a metals technology developer, acquiring Meclex, raising A$5.5 million and advancing ARGO and VOLTA. The opportunity is substantial, but both technologies remain uncommercialised and the VOLTA partnership requires formal renewal.