Latest Diamond Drilling News

Iltani Resources has reported outstanding silver equivalent grades from the first seven drill holes at its Orient West project, highlighting significant potential for both open-pit and underground mining operations. The company plans to resume drilling in March 2025, aiming to further delineate this promising silver-indium deposit.

S2 Resources reports promising exploration advances across multiple projects, including new targets at Warraweena and West Murchison, ongoing drilling at Glenlogan, and the launch of three new Victorian gold projects. The company maintains a solid cash position to support its $1.5 million planned expenditure next quarter.

Carnavale Resources has expanded its Kookynie Gold Project with the discovery of the Tiptoe lode and significant depth extensions at Swiftsure, enhancing resource potential amid rising gold prices.

Catalina Resources has made significant strides in its mineral exploration portfolio, acquiring over 650 km² in the Central Yilgarn and reporting promising high-grade gold and rare earth element intersections across multiple projects.

Patagonia Lithium Ltd has announced a maiden JORC Inferred Mineral Resource Estimate of 3.8 million tonnes of Lithium Carbonate Equivalent at its Formentera Lithium Brine Project in Argentina, highlighting significant potential for resource upgrades through ongoing drilling and advanced extraction technology.

Matsa Resources has completed a 767m diamond drill hole at Fortitude North, designed to validate a novel seismic model indicating potential gold mineralisation. Early geological observations support the seismic data, setting the stage for further exploration.

Prospect Resources has unveiled final Phase 1 drilling results from its Nyungu Central deposit, revealing thick, high-grade copper intersections and extending the deposit’s strike length to approximately 1.4km. The company is gearing up for Phase 2 drilling and an initial resource estimate in early 2025.

Aeris Resources has completed a 70-hole drill program at its Constellation deposit, delivering impressive high-grade copper intercepts and setting the stage for a significant resource upgrade and mine permitting milestones.

AuMEGA Metals has unveiled a fully funded, expansive 2025 exploration program focused on its high-potential Bunker Hill project, aiming to unlock significant value through extensive drilling campaigns across Newfoundland.

Indiana Resources has pinpointed promising titanium source rocks at its Carne Titanium Prospect in South Australia, setting the stage for a high-priority drilling campaign in 2025 alongside ongoing gold exploration.

Stavely Minerals is progressing exploration at its Western Victoria copper-gold project, initiating a ground IP survey at the S41 gold prospect and confirming high-grade copper-silver mineralisation at the Junction discovery through recent drilling.

Ballymore Resources is preparing to launch a 2,000m Stage 5 diamond drilling program at its Dittmer Gold Project in February 2025, aiming to extend known gold mineralisation and explore a deep porphyry target. This follows a string of successful drill results that have yet to be fully quantified in a Mineral Resource estimate.