Latest Diamond Drilling News

Pursuit Minerals has reported a remarkable 339% increase in lithium resources at its Rio Grande Sur project in Argentina, alongside plans to commence lithium carbonate production by Q1 2025. The company is also actively pursuing acquisitions and reviewing its gold assets amid tight cost controls.

Paterson Resources Limited reports significant progress at its Grace Gold-Copper Project, including promising drilling results and key steps toward resource upgrading and mining lease application.

Ausmon Resources Limited reports steady progress in rare earth and base metals exploration across Australia, with key drilling programs planned for 2025 despite a tight cash position.

Accelerate Resources has secured a 70% stake in the Kanowna East Gold Project near Kalgoorlie and raised $1.35 million to accelerate exploration, while also identifying lithium-bearing spodumene at Mt Sholl East.

GWR Group Limited reports completion of phase two drilling at its Prospect Ridge Magnesium Project with assay results pending, while divesting its Hatches Creek interest to bolster focus and capital for growth.

WIN Metals reports robust drilling results at its Butchers Creek and Golden Crown projects, confirming significant resource growth potential, alongside completing a key acquisition and securing fresh capital.

Juno Minerals Limited reports steady progress on its Mount Mason hematite and Mount Ida lithium projects, securing government funding and revising logistics to streamline development. The company also raised $818,754 through a share placement, ending the quarter with $2.37 million in cash.

Accent Resources NL reports solid progress in its Magnetite Range and Norseman Gold projects during Q4 2024, supported by a robust cash position of $10.64 million. Key exploration milestones and new tenement applications set the stage for an active 2025.

Tambourah Metals reports significant high-grade gold assay results from its Pilbara projects and secures government grants to accelerate drilling programs across multiple prospects.

Alvo Minerals reports a 7.2Mt copper-equivalent resource at Palma and promising rare earth element drill results at Ipora, while launching a contracting division to offset costs.

Terra Metals reports robust drilling results from its Dante Project, revealing high-grade titanium alongside copper, PGMs, and vanadium, while securing an option to expand its tenement holdings.

Lode Resources has completed the acquisition of the Montezuma Antimony Project in Tasmania, delivering high-grade drill results that bolster its strategy to become a leading Australian antimony producer amid global supply shortages.