Latest Diamond Drilling News

Venari Minerals has kicked off a 12-hole diamond drilling campaign at its Red Mountain Lithium Project in Nevada to elevate a significant portion of its resource from Inferred to Indicated status, setting the stage for a maiden Scoping Study in early 2027.

AIC Mines has reported promising drilling results at its Iris and Eloise South prospects near the Eloise copper mine, confirming extensive copper mineralisation and a spectacular high-grade gold intercept.

Breakthrough Minerals (ASX:BTM) has delivered robust assay results from its 2026 drilling campaign, confirming high-grade copper-gold mineralisation extending beyond current resources at its North Queensland projects.

Barton Gold has wrapped up an intensive 39,000m Phase 2 drilling campaign at its Tunkillia Gold Project, aiming to upgrade resource classifications ahead of a Pre-Feasibility Study due in Q1 2027. Early assay results suggest potential for improved grade and resource size, underpinning robust project economics.

Sabre Resources has secured 4,000km2 of prime gold-copper ground near Tennant Creek and kicked off its maiden drilling campaign at Kurundi North, aiming to replicate world-class mineralisation.

Kaoko Metals has kicked off its first-ever diamond drilling campaign at the Chalkos Copper-Silver Project in Namibia, targeting key prospects Donkey Hill and Otniel with a 2,000-3,000 metre program designed to test mineralisation continuity and structural controls.

Heavy Rare Earths Limited (ASX:HRE) has secured $2.028 million through a placement and entitlement offer to advance drilling programs and a strategic review across its key projects in South Australia and Western Australia.

Magnum Mining has reported robust rare earth element results from 92 new auger holes at its Piracanjuba North project in Brazil, confirming widespread mineralisation across multiple centres and accelerating its 10,000m drilling program ahead of schedule.

Killi Resources has kicked off a major drilling campaign at its Lodestone Iron Ore Project, aiming to grow and upgrade its 110Mt resource of high-purity magnetite expected to command a price premium.

St Barbara Limited is ramping up its gold exploration in Nova Scotia, increasing its FY27 budget by 64% and doubling its exploration team to accelerate resource growth near the 15-Mile Processing Hub.

Arcadia Minerals has identified multiple promising drill targets at its Tantalite Valley Complex in Namibia, leveraging historical data and new geological modelling. Scout diamond drilling is planned, pending funding, to test these ultramafic-hosted targets with nickel, copper, PGE, lithium, and tantalum potential.

WA Gold's latest assays from seven diamond drill holes at Abercromby reinforce the continuity of a high-grade gold system over 500m, underpinning a promising resource development phase.