Latest Diamond Drilling News

Turaco Gold’s latest drilling results at the Afema Project reveal promising high-grade gold mineralisation at the Adiopan prospect and resource extensions at Asupiri and Anuiri, signaling potential growth beyond the current 3.55Moz resource estimate.

Waratah Minerals has significantly expanded the Spur Gold Corridor with high-grade gold mineralisation, revealing new zones of visible gold and advancing copper-gold exploration at its flagship Spur Project in New South Wales.

Cobre Limited has released its first Mineral Resource Estimate for the Comet Deposit within Botswana’s Ngami Copper Project, revealing significant copper and silver resources with promising economic extraction potential.

Solis Minerals has secured permits to begin a significant 5,000-metre diamond drilling campaign at its Ilo Este copper-gold project in Peru, aiming to unlock large-scale mineral resources. Drilling is set to start in August 2025, following progress at the nearby Chancho al Palo project.

Torque Metals reports a significant upgrade in gold assay results at its Paris Gold Project, confirming a high-grade 15.5m intersection grading 12 g/t gold within a broader mineralised zone. The discovery aligns with strong geophysical signals, suggesting promising potential for resource growth.

Aldoro Resources has announced a maiden JORC-compliant inferred mineral resource of nearly 280 million tonnes at its Kameelburg Rare Earth Element-Niobium project in Namibia, highlighting its potential as a strategic alternative to Chinese supply.

Wildcat Resources has announced a promising new lithium discovery at Bolt Cutter Central near its Tabba Tabba project in Western Australia, with maiden drilling revealing multiple high-grade pegmatite intercepts open in all directions.

Catalina Resources has reported promising wide gold mineralisation from its first reverse circulation drilling at the Laverton Project, Western Australia, signaling a potentially large intrusion-hosted gold system. Follow-up drilling is underway to explore strike and depth extensions.

Western Mines Group has announced a landmark nickel sulphide discovery at its Mulga Tank project in Western Australia, revealing a globally significant resource of 5.3 million tonnes of contained nickel. Extensive drilling confirms a large-scale, high-potential nickel system that could reshape Australia’s position in the global nickel market.

Nagambie Resources has raised $1.2 million through a strategic placement to fund further diamond drilling and update its mineral resource estimate at the Nagambie Mine. The capital raise includes options that could inject additional funds over the next three years.

Magmatic Resources and Fortescue have agreed on a $3.5 million exploration budget for FY25-26 at the Myall Project, focusing on extensive drilling to unlock copper-gold potential. Early results highlight promising mineralisation at the Calais prospect, setting the stage for accelerated exploration.

Australasian Metals has identified a significant silicified breccia zone linked to strong geophysical anomalies at its May Queen Gold Project, prompting plans for a substantial drilling campaign.