Latest Diamond Drilling News

Iltani Resources reports strong assay results from its latest Orient East drilling, confirming high-grade silver-indium mineralisation and initiating a new VTEM drilling campaign to explore additional shallow targets.

Kalgoorlie Gold Mining has secured $2.3 million through strong option exercises, boosting its cash reserves to $5 million and enabling an expanded drilling campaign at its Pinjin Gold Project.

Norfolk Metals appoints mining veteran David Fowler to its board, enhancing expertise for its Chilean Carmen Copper Project, where drilling is halfway complete and assays are awaited. The company is rapidly moving toward full ownership of the project, signaling a pivotal phase in its copper exploration journey.

Iceni Gold has reported a significant new gold intersection hosted in basalt at its Guyer project, expanding the known mineralised footprint beneath transported cover. This discovery emerges from a major drilling campaign within its 14 Mile Well Gold Project.

Dateline Resources is intensifying its drilling campaign at the Colosseum Gold-REE Project in California, advancing its bankable feasibility study while exploring new gold and rare earth element targets. The company’s expanded rig fleet and geophysical surveys aim to unlock further value from this significant resource.

Perpetual Resources’ maiden drilling at the Igrejinha Project confirms a fertile polymetallic lithium-caesium-tantalum system with grades surpassing global mining benchmarks. The discovery validates its strategic foothold in Brazil’s Lithium Valley and sets the stage for expanded exploration.

Panther Metals has revised its Burtville East gold resource estimate upward following a technical correction, increasing high-grade near-surface ounces to 8,600oz. The update aligns cut-off grades with recent scoping study results and highlights open mineralisation at depth.

Dart Mining has kicked off diamond drilling at the Coonambula Antimony-Gold Project, intercepting visually high-grade stibnite mineralisation in its first hole. The company is also advancing a government-funded geophysical survey to pinpoint further targets.

Podium Minerals has announced a major metallurgical breakthrough with a new concentrator flowsheet achieving approximately 80% recovery of key platinum group metals, advancing its Parks Reef Project towards commercialisation.

Podium Minerals has launched a A$12 million capital raising to accelerate development at its Parks Reef platinum group metals project, following a key metallurgical breakthrough and resource upgrades.

Redstone Resources has secured $650,000 through a strongly supported placement to fund further exploration at its West Musgrave Copper Project, following encouraging copper and cobalt assay results from recent deep drilling.

Argent Minerals has awarded a contract for further diamond drilling at its Kempfield Silver-Polymetallic Project, targeting extensions of previously identified high-grade silver zones. With regulatory approvals secured, drilling is set to begin shortly, aiming to expand the resource amid strong silver prices.