Latest Diamond Drilling News

Terra Metals reports breakthrough high-grade platinum group metals discoveries at its Southwest Prospect and confirms resource growth at its Dante Project, backed by a robust $11 million cash position.

Lithium Energy Limited has identified a potential porphyry copper-molybdenum system at its Bajool Prospect in Queensland, supported by advanced geophysical surveys and backed by government funding. The company is poised to commence drilling to validate this significant discovery within the Capricorn Gold-Copper Belt Project.

Culpeo Minerals reports promising high-grade copper intersections at its La Florida Prospect and secures A$3 million to fund upcoming drilling at Vista Montana, advancing its Chilean copper exploration ambitions.

Kingsland Minerals has completed a pivotal scoping study for its Leliyn Graphite Project, confirming high-grade purified spherical graphite production potential. The company also secured $2.16 million through a placement and share purchase plan and has commenced a pre-feasibility study.

West Cobar Metals has kicked off metallurgical testing at its Salazar project targeting rare earth carbonate production and announced a new gallium resource, while gold exploration at Mystique confirms widespread mineralisation.

Kuniko Limited has advanced exploration at its Commonwealth Gold–Silver Project in NSW, completing key surveys and securing approvals ahead of a planned diamond drilling campaign in February 2026. Meanwhile, its Nordic battery metals portfolio remains strategically positioned for future development.

Locksley Resources has made significant strides at its Mojave Project, advancing drilling, securing major US institutional funding, and forging key partnerships to establish a domestic supply chain for critical antimony and rare earth elements.

Golden Horse Minerals reports multiple shallow, high-grade gold intersections at Golden Valley and significant deep drilling success at Southern Cross, backed by a $35 million capital raise to fuel 2026 growth.

Cullen Resources Limited has outlined an active exploration agenda for early 2026, advancing drilling programs across its gold and base metal projects in Western Australia and Finland while maintaining a stable financial footing.

Magmatic Resources has reported encouraging gold assay results from its Weebo Gold Project and advanced drilling at its Myall Copper-Gold JV, alongside securing a $3 million placement led by FMG Resources.

Yugo Metals has made promising progress with diamond drilling at its Sinjakovo project, intersecting silver-zinc-lead mineralisation, while securing $3.5 million in new funding and expanding its investor reach through a dual listing in Germany.

Solis Minerals has made a decisive leap in its Peruvian copper-gold exploration with the acquisition of the Cucho Project and a successful $5.9 million capital raise, setting the stage for an active 2026 drilling campaign.