Latest Diamond Drilling News

Octava Minerals has resumed drilling at its Federation Project in Western Tasmania, revealing visible semi-massive sulphides and high-grade polymetallic surface samples that hint at promising mineralisation.

Lunnon Metals reports encouraging assay results from its Hustler prospect, revealing a shallow, thick, and moderately high-grade gold zone. Meanwhile, diamond drilling at the Plentiful prospect is complete, with assays awaited.

Zuleika Gold Limited has announced its first inferred mineral resource estimate for the Paradigm East deposit, marking a key milestone in its Kalgoorlie-area gold projects. Combined with the Credo Well resource, the company now holds over 35,000 ounces of gold resources as it advances mining lease applications and plans further drilling.

Perpetual Resources has confirmed significant high-grade lithium and critical minerals at its Igrejinha and Renaldinho projects in Brazil, reinforcing its foothold in the burgeoning Lithium Valley.

Adelong Gold Limited reports promising visible gold intersections at its Lauriston project, progresses exploration at Apollo with strong soil assays, and strategically exits its Challenger Mines joint venture to sharpen focus on Victorian assets.

Javelin Minerals is advancing towards gold production at its Eureka Gold Project in Western Australia, targeting a June 2026 start under a new partnership with MEGA Resources. The company also identifies promising exploration targets at Coogee and maintains a solid cash position to support development.

Aureka Limited reports breakthrough high-grade gold assays at its Irvine and St Arnaud projects, alongside a successful $3.6 million capital raise to accelerate exploration in Victoria’s historic goldfields.

Argent Minerals has launched its 2026 diamond drilling campaign at the Kempfield Silver-Polymetallic Project, aiming to extend known mineralisation and explore new high-priority zones. The program sets the stage for a year of significant newsflow and potential resource expansion.

Magnetic Resources NL has upgraded its Lady Julie Gold Project resource to 2.24 million ounces, with over 80% now in the Indicated category, positioning the company closer to development readiness. The LJN4 deposit remains a standout as one of Western Australia’s largest and highest-grade undeveloped open pit gold deposits.

Sentinel Metals has successfully launched on the ASX and completed a maiden exploration program at its Columbia Gold Project, identifying promising new drill targets for a substantial upcoming campaign.

Terra Metals has announced a breakthrough high-grade platinum group metal discovery at its Southwest Prospect within the Dante Project, with drillhole SWT008 returning grades up to 52.97 g/t PGE3 from near surface. This discovery signals a potentially large, continuous magmatic sulfide system with promising scale and open-pit development potential.

InVert Graphite has reported further high-grade graphite drill results from its Kumba prospect in Tanzania, revealing wide zones of mineralisation with grades up to 14.9% Total Graphitic Carbon. Drilling is temporarily paused for the wet season, with additional assay results pending.