Latest Diamond Drilling News

Indiana Resources has reported significant extensions of gold mineralisation at its Minos Gold Project in South Australia, with promising assay results from recent drilling and a new air-core drilling campaign underway. The company also maintains a strong cash position following a capital return and strategic management appointments.

Nordic Resources Ltd has initiated a 5,000m diamond drilling program at its Kopsa gold project in Finland, unveiling new magnetic targets and bolstering its senior management team. The company also raised over A$10 million in institutional capital, underpinning a combined gold equivalent resource of 1.23 million ounces across its Finnish assets.

Western Mines Group has completed a major capital raising, issuing over 16.5 million shares and unlisted options to fund expanded exploration at its Mulga Tank project.

Cobre Limited has secured a A$1.5 million investment from Sinomine International, marking a key step in advancing copper exploration at Botswana’s Okavango Project. This funding will support a targeted diamond drilling program aimed at expanding promising mineralisation near established deposits.

Falcon Metals reports standout high-grade gold intercepts at its Blue Moon project in Victoria, alongside a $20 million capital raise to accelerate exploration efforts. The company is expanding drilling programs and advancing projects across multiple Australian goldfields.

Golden Horse Minerals’ maiden drilling at Hopes Hill North and South confirms a mineralised strike exceeding 2.5km, revealing shallow, high-grade gold zones and reinforcing a camp-scale opportunity in Western Australia’s Southern Cross region.

Savannah Goldfields Limited has reported promising high-grade gold intercepts from recent drilling at its Electric Light Prospect in North Queensland, with plans for further exploration and metallurgical testing underway.

Kaiser Reef Limited has announced a significant 29% increase in Ore Reserves at its Henty Gold Mine in Tasmania, extending mine life beyond six years and targeting annual production above 30,000 ounces of gold.

Zenith Minerals has launched a significant reverse circulation drilling program at its Red Mountain Gold Project, revealing visible gold at depth and confirming a large, continuous gold system. The company is well-funded to accelerate exploration and aims to expand the mineralised footprint rapidly.

Manhattan Corporation’s maiden fieldwork at Nunavut’s Hook Lake Project reveals high-grade gold assays up to 14.55g/t and a mineralised corridor stretching 4.7km, highlighting significant expansion potential.

Strategic Energy Resources has kicked off a fully funded 2,000-metre diamond drilling program at its Canobie Project in Queensland, targeting major copper-gold mineralisation under a joint venture with Fortescue.

Black Canyon Limited reports robust September quarter progress at its Wandanya manganese and iron project, revealing extensive high-grade mineralisation and securing $10 million to accelerate development.