Latest Diamond Drilling News

Indiana Resources has reported strong assay results confirming the continuation of high-grade gold mineralisation at depth within its Minos Gold Project in South Australia, alongside significant silver mineralisation. The company is advancing a 7,000m air-core drilling program at nearby prospects, supporting its hub and spoke development strategy.

Eclipse Metals has completed over 700 metres of diamond drilling at its Grønnedal project in Greenland, confirming continuous rare earth mineralisation and reinforcing its substantial inferred resource estimate. Drilling has now progressed to the polymetallic Ivigtût prospect, broadening the company’s critical minerals footprint.

Aldoro Resources has secured funding and acquired a state-of-the-art drilling rig to expand its Phase II drilling program at the Kameelburg REE-Niobium Project in Namibia, aiming to enhance resource definition and metallurgical testing.

Great Southern Mining confirms significant shallow gold mineralisation over a 4.5-kilometre strike at its Amy Clarke prospect, with high-grade assays including 2m at 23.9 g/t Au. Follow-up drilling is planned for early 2026 to further delineate this promising discovery.

Carnaby Resources has announced a significant 170m down dip extension of high-grade copper-gold mineralisation at its Trek 1 prospect within the Greater Duchess Project, underpinning ongoing resource growth and advancing its development timeline.

Many Peaks Minerals reports promising 94% average gold recovery from preliminary metallurgical tests at its Ferké Gold Project in Côte d’Ivoire, highlighting potential for low-capex cyanide processing. The results support ongoing drilling and resource expansion plans at the Ouarigue prospect.

PC Gold has entered a $1 million Drill for Equity agreement with DDH1 to advance diamond drilling at its Spring Hill Gold Project, aiming to upgrade resources and push towards production milestones.

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.

Geopacific Resources has reported compelling new gold assay results from its Woodlark Gold Project, confirming multiple high-grade zones and a promising new discovery at Kamwak. The ongoing drilling campaign signals significant resource growth potential in Papua New Guinea.

Impact Minerals is reigniting exploration at its vast Broken Hill project in NSW, leveraging rising metal prices and a proprietary multi-metal ratio to uncover high-grade platinum group metals and base metals.

Olympio Metals has raised $1.25 million to fund further exploration at its promising Bousquet Gold Project, following a maiden drilling program that intersected significant gold mineralisation in over 85% of holes.

Ballymore Resources has initiated a 1,000m diamond drilling program at the Seventy Mile Mount breccia pipe within its Ravenswood Project, aiming to unlock bulk-tonnage gold mineralisation at depth. This follows promising historic and recent drill results indicating improving gold grades below shallow intersections.