Latest Diamond Drilling News

Prodigy Gold’s latest scoping study for the Hyperion Gold Project outlines a viable open pit operation with a 260,000-ounce production target and strong financial metrics. Meanwhile, exploration funding and ore sorting advances at Old Pirate support near-term development prospects.

Astral Resources has boosted its Mandilla Gold Project resource to 1.74 million ounces of gold, with drilling confirming significant mineralisation and the Definitive Feasibility Study progressing towards completion in early 2027.

Delta Lithium delivered high-grade lithium drilling results at Mt Ida and uncovered significant fluorite mineralisation at Yinnetharra, while securing key tenement acquisitions and maintaining a strong cash position of $49.6 million.

Evergold Minerals has delivered its highest-grade gold intercepts at Mt Monger’s Duchess of York and confirmed mineralisation at Gladiator, while advancing environmental and geochemical work at Leonora with a solid $4 million cash buffer.

Nelson Resources has pushed the envelope on its Gold Point Project, unveiling a spectacular 113.5g/t gold assay from underground sampling at the Orleans Mine’s 400-foot level, confirming a structurally controlled high-grade vein system and setting the stage for imminent diamond drilling.

Dalaroo Metals is gearing up to launch a 20,000-metre drilling campaign at its Bondoukou Gold Project in Côte d’Ivoire, starting with a 10,000-metre Reverse Circulation program at the Wilfred Target in August 2026.

Advance Metals has delivered promising maiden drilling results at its Gavilanes Silver Project in Mexico and moved toward full ownership of its Victorian gold projects, supported by strong gold recoveries and high-grade assays.

Kali Metals has completed its Phase II drilling at Marble Bar, confirming gold mineralisation continuity and identifying four new high-grade gold prospects, while maintaining a strong cash position of $6.84 million.

Koonenberry Gold (ASX:KNB) bolstered its NSW portfolio by acquiring the Gundagai Gold-Copper Project and delivering strong drill results at Enmore and Junee JV, positioning for an active exploration phase.

Encounter Resources has pinpointed a 1.2-kilometre copper-gold target zone at its Elsa prospect in WA’s Paterson Province, following a 10,000m RC drilling program that intersected broad, shallow mineralisation coinciding with extensive weathering and potential deeper sulphide zones.

S2 Resources secured new tenements, completed heritage and aeromagnetic surveys, and obtained drilling approvals across WA, NSW, and Victoria, maintaining a robust cash position of A$18.57 million.

Terrain Minerals has delivered a maiden Inferred Mineral Resource Estimate of 54,000 ounces of gold and 156,500 ounces of silver at its Lightning Gold Project in Western Australia, setting a foundation for resource expansion and development.