Latest Diamond Drilling News

Cannindah Resources has reported significant diamond drilling results at its Mt Cannindah project, including high-grade gold intercepts and the identification of a large new porphyry copper-gold-molybdenum target, alongside strategic board and management appointments.

Belararox Limited has made significant progress in its maiden drilling program at the TMT Project in Argentina, revealing promising visual copper mineralisation while maintaining a robust financial position with A$6.8 million cash and zero debt.

Variscan Mines Limited reported standout high-grade zinc and lead drill results from its Novales-Udias Project in northern Spain, alongside strong governmental support that bolsters its mine restart ambitions.

Voltaic Strategic Resources advances exploration at Meekatharra and Kooline gold projects while securing a strategic 4.2% stake in Geopacific Resources, owner of the Woodlark Island gold project.

Kingsgate Consolidated Ltd delivered a robust March 2025 quarter with a 15% rise in gold production and a 13% reduction in all-in sustaining costs, achieving record margins amid operational and exploration advances.

Enova Mining reports significant high-grade titanium discoveries at its CODA North and Central projects in Brazil, supported by a $1.5 million placement to accelerate exploration and development.

Sabre Resources advances exploration across uranium, nickel, lithium, and gold projects while securing a $1.6 million sale of its Ninghan Gold Project to Capricorn Metals.

Aguia Resources has marked a significant milestone with its maiden gold pour at the Santa Barbara project in Colombia, while advancing underground development and expanding processing capacity. Concurrently, the company secured a long-term phosphate processing lease in Brazil and completed a $1.5 million capital raise.

Power Minerals Limited has taken a significant step in expanding its South American critical minerals portfolio by signing a binding option to acquire the high-grade Santa Anna Niobium Project in Brazil, supported by a strategic US$300,000 investment and a $1.3 million placement to fund exploration.

Caspin Resources has delivered exceptional high-grade tin results from its maiden drilling at the Bygoo North Prospect, confirming a large-scale mineralised system with significant growth potential. Concurrently, metallurgical test work advances at Mount Squires for rare earth extraction.

Many Peaks Minerals Limited has reported a significant high-grade gold discovery at its Ferké Gold Project, alongside a successful $6.22 million equity raise, positioning the company strongly for continued exploration in Côte d’Ivoire.

Carnavale Resources advances its high-grade gold exploration at the Kookynie Gold Project with ongoing drilling targeting extensions at Swiftsure and the newly discovered Tiptoe deposit. Assay results due in June will be pivotal for resource expansion and project development.