Latest Diamond Drilling News

Beacon Minerals has reported robust assay results from its Stage 2 drilling at the Iguana Deposit, revealing multiple high-grade gold intersections and promising depth extensions in the Northwest Corridor.

Western Mines Group has completed diamond drill hole MTD030 at its Mulga Tank Project, intersecting extensive olivine cumulate ultramafic rock with multiple intervals of visible nickel sulphide mineralisation, including high-tenor blebs confirmed by spot pXRF readings up to 41.3% nickel. This confirms a dynamic komatiite system and reinforces the project's large-scale potential.

Noronex Limited has confirmed deeper, higher-grade copper mineralisation at its Fiesta Project in Namibia through diamond drilling, setting the stage for a substantial 7,000m Reverse Circulation drilling campaign funded by South32.

Astral Resources has reported robust gold intercepts from its recent drilling at the Spargoville Gold Project, highlighting potential to expand existing resources beneath the 8500N palaeochannel deposit. Concurrent exploration at Mandilla and lithium targets at KOMIR JV further underpin the company’s multi-asset growth strategy.

Southern Cross Gold Consolidated Ltd reports exceptional high-grade gold and antimony drill results from its Sunday Creek project in Victoria, revealing significant mineralization extensions both laterally and at depth.

Ardea Resources updates on the Kalgoorlie Nickel Project’s Goongarrie Hub, announcing a delay in the Definitive Feasibility Study completion to early 2026 while highlighting ongoing technical advances and strong JV collaboration.

Geopacific Resources reports promising near-surface gold intercepts at its Woodlark Gold Project, highlighting new discovery potential adjacent to existing deposits and ongoing drilling to expand resources beyond 1.67 million ounces.

Golden Horse Minerals has completed the acquisition of the Sorrel Copper Project, gaining a significant inferred resource of 88,600 tonnes of copper and setting the stage for exploration and development in a Tier-1 jurisdiction.

Argent Minerals updates investors on its flagship Kempfield Project, highlighting resource expansion, exploration upside, and development plans aimed at early production and cash flow generation.

Black Canyon Limited has raised $10 million through a share placement to accelerate exploration and development of its promising Wandanya manganese and iron discovery in Western Australia.

North Stawell Minerals is set to begin diamond drilling in late September to follow up a standout high-grade gold intercept at its Darlington Prospect in Victoria. The program aims to explore extensions of a quartz-sulphide vein with visible gold, potentially unlocking a significant new gold system.

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer, reinforcing confidence in its Costa Fuego copper-gold project and funding critical next-phase development activities.