Latest Diamond Drilling News

Chilwa Minerals has confirmed a significant carbonatite-hosted rare earth element discovery at its Mpyupyu target in Malawi, with initial drilling revealing elevated total rare earth oxide grades. This breakthrough supports the company’s strategy to develop a major rare earth system within its tenements.

American West Metals reports outstanding high-grade copper assay results from the Cyclone deposit at its Storm Project, Nunavut, signaling strong resource expansion potential and advancing mine development plans.

Kaiser Reef Limited has achieved a 33% increase in processing capacity at its Henty Gold Mine, with ongoing ramp-up activities and exploration efforts aiming to extend mine life and reduce costs.

Horizon Gold advances its Gum Creek project with significant gold intercepts from water bore drilling and launches an AI-powered exploration platform, while maintaining its feasibility study timeline and securing $12 million in fresh capital.

Great Southern Mining has won up to $337,500 in government grants to advance drilling at its Duketon Gold and East Laverton projects, aiming to unlock deeper gold and platinum group element deposits.

Prodigy Gold has reported a milestone with over one million ounces of gold in its resource inventory, alongside significant exploration progress and a successful $7.13 million capital raise to fund ongoing development.

Dreadnought Resources has commenced drilling at the Stinger rare earth and niobium target within its Mangaroon project, revealing a substantial rare earth enriched carbonatite zone with promising grades and mineralogy akin to the Mountain Pass deposit.

Black Cat Syndicate reports visible antimony mineralisation in initial drill holes at Mt Clement, advancing one of Australia’s largest antimony deposits with assays due in November 2025.

Podium Minerals has achieved a metallurgical breakthrough at its Parks Reef project, delivering an 80% recovery of key metals and a 50-fold concentrate grade upgrade. The company is advancing a A$12 million capital raise to accelerate development amid soaring platinum and palladium prices.

Indiana Resources has kicked off a significant 7,000-metre aircore drilling campaign at its Minos Gold Project in South Australia, aiming to test newly identified high-grade gold targets along the Lake Labyrinth Shear Zone.

GoldArc Resources has revealed extraordinary high-grade gold mineralisation in historical data from the Cosmopolitan Gold Mine, opening new prospects for resource expansion. The company plans targeted drilling to validate these findings and define a JORC-compliant resource.

Forrestania Resources has intersected significant copper sulphides in its first diamond drill hole at the Breakaway Dam VMS prospect, confirming the effectiveness of its electromagnetic targeting and hinting at a district-scale copper system.