Latest Diamond Drilling News

Golden Horse Minerals (ASX: GHM) has reported compelling high-grade gold intercepts at its Hopes Hill and Greenmount prospects, reinforcing the potential for a significant resource upgrade within its Southern Cross Gold Project.

Stavely Minerals has confirmed a significant blind gold-silver discovery beneath basalt cover at its Freddy’s Find Prospect, with diamond drilling revealing higher-grade mineralisation at depth. Further reconnaissance drilling is planned to expand the target and test adjacent porphyry prospects.

Pantera Minerals has kicked off its first-ever diamond drilling campaign at the Gillham Project in Arkansas, aiming to confirm high-grade antimony and silver mineralisation beneath historic mines.

Ore Resources’ July diamond drilling at Kangaroo Hills confirms thick, near-surface lithium mineralisation and advances development studies, setting the stage for a Direct Shipping Ore assessment.

Lunnon Metals has uncovered a new gold mineralised structure at its early-stage Benmore target within the St Ives gold camp, delivering a notable 17.86m intercept grading 0.61 g/t Au as part of its $13 million FY2027 exploration program.

CZR Resources has expanded gold mineralisation at its Croydon Gold Project in the Pilbara, with drilling at Top Camp and Bottom Camp revealing significant strike extensions and high-grade intercepts. Early results from the Martin prospect highlight promising pathfinder elements, setting the stage for further exploration.

Aureka Limited has refreshed its geological model and confirmed multiple exploration targets at the Irvine Gold Project, underscoring the site’s significant potential beyond its current 398,000-ounce inferred resource.

AuKing Mining is set to acquire Green Exploration Limited, gaining full ownership of multiple Malawian projects rich in rare earths and copper, including the Machinga Heavy Rare Earths and Ngala Hill Copper/PGE assets.

MRG Metals has secured $725,000 through a placement and initiated a $750,000 Share Purchase Plan to accelerate development at its ultra high-grade Garies Rare Earth Project in South Africa and exploration in Mozambique.

Santa Fe Minerals (ASX:SFM) has reported assay results from 16 diamond and reverse circulation drill holes at its Satama Gold Prospect in Côte d’Ivoire, confirming gold mineralisation over at least 2.5km strike and at depth. Drilling was hampered by an RC rig failure, prompting a shift to diamond drilling and plans to resume RC drilling for step-out targets.

Sunstone Metals has pushed the boundaries of its Bramaderos gold-copper project in Ecuador with a standout 176m mineralised intersection at Porotillo, expanding the footprint well beyond the current 3.6Moz resource and setting the stage for a resource update in December.

Chariot Resources has inked a binding term sheet with major Chinese and Nigerian partners for a phased drilling and trial mining program targeting lithium direct shipping ore in Nigeria, aiming to validate resource potential and establish a market-linked offtake.