Latest Diamond Drilling News

First Au Limited accelerates exploration at its Gimlet and Nimba gold projects through innovative drill-for-equity agreements and diamond drilling, while progressing a strategic divestment of its Victorian assets.

Cobre Limited has reported a maiden Mineral Resource Estimate for its Ngami Copper Project in Botswana, alongside a significant investment agreement with Sinomine International Exploration. The company also advanced exploration activities with BHP funding and progressed key permitting milestones.

AusQuest Limited reports significant growth in copper-gold mineralisation at its Cangallo Project in Peru, alongside advancing multiple Australian base metal projects and maintaining a solid cash position.

Orange Minerals reports exceptional silver grades at its Lennon’s Find project in WA and advances its strategic acquisition in Ghana, while expanding its investor reach with a US market listing.

Chilwa Minerals has confirmed elevated rare earth and heavy mineral sands resources in Malawi, progressing exploration and metallurgical studies alongside a $4.1 million capital raise and strategic logistics talks.

Norfolk Metals has kicked off its maiden drilling campaign at the Carmen Copper Project in Chile, backed by a A$3.5 million capital raise and the strategic appointment of mining veteran David Fowler to its board.

Warriedar Resources reports robust drilling results confirming extensions of high-grade gold and antimony mineralisation at key Western Australian projects, alongside an increased acquisition offer from Capricorn Metals.

Geopacific Resources advances its Woodlark Gold Project with promising drilling results at Kamwak and a crucial mining lease extension, while strengthening strategic partnerships and progressing its feasibility study.

African Gold Limited reports robust September quarter results, confirming high-grade gold mineralisation at Blaffo Guetto and advancing exploration at Konahiri North, backed by a $16 million cash boost from a profitable Montage share sale.

Krakatoa Resources has launched a major drilling campaign at its Zopkhito Antimony-Gold Project in Georgia, backed by a $3.1 million capital raise, while also expanding its rare earths landholding in Western Australia.

Hammer Metals reports promising gold mineralisation at its Yandal Gold Project and defines fresh copper-gold targets at Mount Isa, with multiple funded drilling programs underway.

Red Hill Minerals has achieved full production capacity at its Onslow Iron Project, generating $7 million in quarterly royalty revenue, while advancing multiple exploration fronts and declaring a fully franked dividend.