Latest Diamond Drilling News

West Coast Silver has kicked off its inaugural drilling campaign at the Elizabeth Hill Silver Project with extraordinary high-grade silver intercepts, including a peak assay of 15,071 g/t. Backed by a $6 million capital raise, the company is poised to accelerate exploration and resource definition in Western Australia's Pilbara region.

Gold Mountain Limited has kicked off diamond drilling at its Irajuba rare earth project in Brazil, defining a significant exploration target while securing $3.05 million to fuel ongoing exploration.

Burgundy Diamond Mines has updated its Ekati Diamond Mine Life of Mine plan through 2040, extending Misery underground operations and advancing the Fox Underground project with strong economic prospects.

Catalina Resources has reported promising wide gold mineralisation zones from its first reverse circulation drilling at the Laverton Project, Western Australia, signalling potential for a significant gold system. Follow-up drilling and pending rare earth element assays could further enhance the project’s outlook.

Taruga Minerals has identified a compelling VTEM bedrock conductor near historic polymetallic workings at its Thowagee Project, with ongoing exploration and assay results expected soon.

OzAurum Resources has confirmed and extended high-grade gold mineralisation at its Mulgabbie North project through multiple drilling programs, while appointing a new chairman to guide its next growth phase.

Alma Metals has bolstered its Briggs Copper JV Project with a $1.06 million capital raise and an updated resource estimate that now includes silver. The company is progressing a scoping study and preparing for significant drilling to unlock further value.

iTech Minerals has significantly extended the strike length of gold-antimony mineralisation at its Reynolds Range Project, revealing new high-priority drill targets and advancing its lithium deal with SQM.

Cobre Limited reports strong metallurgical results from its Botswana copper projects alongside a successful AU$1.68 million capital raising, setting the stage for upcoming resource estimates and environmental approvals.

Lightning Minerals has secured A$2 million to fuel exploration and a strategic acquisition of Lotus Minerals, unlocking promising gold and copper projects in Australia. The company also advances lithium exploration in Brazil, setting the stage for near-term drilling at Mt Turner.

Western Mines Group has announced a landmark Mineral Resource Estimate for its Mulga Tank project, defining Australia’s largest nickel sulphide deposit with over 5.3 million tonnes of contained nickel. The company has secured government grants and raised capital to accelerate drilling and metallurgical testing.

Silver Mines Limited progresses regulatory approvals for its flagship Bowdens Silver Project in NSW while acquiring promising US assets, enhancing its exploration pipeline with minimal upfront costs.