Latest Diamond Drilling News

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.

Verity Resources reports robust Phase 1 drilling results at its Monument Gold Project, validating historical data and supporting a resource upgrade. Phase 2 drilling is underway to expand high-grade zones along a largely untested 20km trend.

Hot Chili Limited has initiated a second phase of diamond drilling at its La Verde copper-gold porphyry discovery in Chile, aiming to significantly enlarge the known mineralised footprint. This follows a successful initial drilling campaign that confirmed substantial copper mineralisation open at depth and laterally.

S2 Resources is set to begin diamond drilling within weeks at its Warraweena project in northern New South Wales, following promising historical drill results and an ongoing gravity survey extension. The project targets multiple mineralisation styles, including gold, copper, nickel, and base metals.

Bubalus Resources has initiated a maiden drilling program at its promising Crosbie North gold-antimony project, located just 15 km from the renowned Fosterville Gold Mine. The program targets strong geophysical anomalies and high-grade surface samples, with assay results expected by November 2025.

Lefroy Exploration Limited reports outstanding high-grade gold assays from its Lucky Strike drilling program, bolstering plans for an expanded Stage 2 pit and advancing production timelines in the Kalgoorlie district.

Yandal Resources has reported significant new reverse circulation drilling results at its Arrakis Prospect, extending the gold mineralisation by 400 metres and confirming continuity over a 2.2km strike. Follow-up diamond drilling and heritage surveys are set to further define this promising discovery in Western Australia.

Gateway Mining has raised $22.5 million in a heavily supported placement to fund aggressive exploration at its Yandal Gold Project and initial work at Glenburgh South. The capital boost strengthens its balance sheet and underpins extensive drilling campaigns starting October 2025.

Barton Gold Holdings reveals promising soil assay results from its Tolmer and Black Oak Tank prospects, indicating potential expansions of high-grade silver, gold, and lead mineralisation. Pending diamond drilling assays expected in November will further clarify these findings.

Iceni Gold's recent aircore drilling at Guyer West reveals two significant gold mineralised trends, hinting at a major emerging gold corridor in Western Australia’s 14 Mile Well Project.

Hammer Metals has identified a third mineralised gold zone near the Bronzewing Mining Lease boundary, with ongoing drilling revealing promising extensions at its Yandal Gold Project in Western Australia.

DeSoto Resources has reported the intersection of significant sulphide mineralisation in its ongoing drilling at the Spectrum Project in the Northern Territory, with assay results expected in October.