Latest Diamond Drilling News

Great Southern Mining has commenced diamond drilling at its Edinburgh Park Project in northern Queensland, aiming to unlock large-scale gold-copper-silver mineralisation indicated by recent geophysical surveys. Funded by Gold Fields Ltd, this marks a pivotal step in advancing the project’s exploration potential.

Raiden Resources has expanded its Phase 2 drilling at the Vuzel Gold Project in Bulgaria, confirming significant gold mineralisation and increasing its stake to 75%. Meanwhile, the company retains full ownership of the Arrow Gold Project after a partner withdrawal.

Black Cat Syndicate reports strong, consistent underground drilling results at its Paulsens Gold Operation, revealing multiple high-grade gold intercepts that underpin resource expansion and production ramp-up plans.

Pacgold has announced a maiden JORC-compliant resource of 474,000 ounces of gold at its Alice River project, supported by strong drilling results and a $5.6 million capital raise to accelerate exploration.

Aldoro Resources has confirmed a major expansion of its Kameelburg polymetallic deposit in Namibia, doubling the mineralisation footprint and enhancing drilling capabilities to deepen resource definition.

St George Mining has raised A$5 million through a premium-priced placement to upscale its diamond drilling program at the Araxá Project, aiming to expand its globally significant rare earths and niobium resource.

Kingston Resources has completed the $95 million sale of its Misima Gold Project, bolstering its balance sheet and enabling accelerated growth at its Mineral Hill mine in NSW. The company reports strong operational progress and promising high-grade drilling results.

Venus Metals Corporation has secured the mining lease for its Bellchambers gold deposit, unlocking the path toward advancing development with promising drilling results and planned resource updates.

Aurum Resources reports exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, underpinning an aggressive 100,000m drilling campaign and a Pre-Feasibility Study due by year-end.

Tesoro Gold has reported promising drilling results expanding its Ternera gold resource and secured A$11.1 million in fresh capital, positioning the El Zorro project for accelerated development.

DeSoto Resources has ramped up exploration at its Northern Territory Spectrum Project, deploying a second drill rig and completing a significant deep hole at the Quantum Rare Earth Deposit.

Lanthanein Resources has completed diamond drilling at its Lady Grey Project, reported promising assay results, and launched a $2.4 million capital raising alongside a proposed rebrand to Fortuna Metals.