Latest Diamond Drilling News

Gateway Mining Ltd has initiated a large-scale aeromagnetic survey at its Glenburgh South project, while aggressive drilling continues at the flagship Yandal Gold Project, positioning the company for a pivotal exploration phase in 2026.

Mount Hope Mining has completed its maiden drilling at the Mt Hope Project, revealing promising high-grade gold intercepts and securing $2.48 million to accelerate exploration efforts.

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer to advance its Costa Fuego copper-gold project in Chile, initiating a critical second phase of diamond drilling at the La Verde discovery.

RTG Mining moves closer to production at its high-grade Mabilo Copper and Gold Project with full financing secured from Glencore, while drilling results at its Chanach Project in Kyrgyzstan reveal promising resource expansion potential.

Infini Resources has launched Phase 2 diamond drilling at its Portland Creek Uranium Project and secured over A$15 million in funding, while strengthening its board with key appointments. The company advances exploration across multiple Canadian uranium projects, signaling a strategic push in high-grade uranium assets.

Metal Hawk Limited has reported promising high-grade gold intersections from its maiden drilling campaign at Leinster South, alongside strategic asset sales that reshape its portfolio and bolster cash reserves.

St Barbara Limited reports steady progress on its Simberi Expansion Project in Papua New Guinea and Atlantic Gold Projects in Canada, despite production challenges and pending regulatory decisions. A recent A$58 million capital raise strengthens its financial position for growth.

Lord Resources has completed its first drilling campaign at the Ilgarari Copper Project, identified promising geophysical targets, and bolstered its finances through successful capital raises amid key leadership changes.

MinRex Resources reports promising rare earth element and titanium dioxide results from its maiden drilling at the Fraser Range Project, while extending its option to acquire a 50% stake until January 2026.

GWR Group Limited reported steady progress on its Prospect Ridge Magnesite Project and maintains strong cash reserves, while opting out of a potential acquisition after thorough due diligence.

AuMEGA Metals has identified a significant new electromagnetic anomaly near its Cape Ray Project, alongside promising drill results extending known gold mineralisation. The company is fully funded for an aggressive exploration push in Q4 2025.

Revolver Resources has completed a key drilling program at its Dianne Copper Mine Project, affirming resource estimates and progressing towards a targeted production restart in late 2026. The company also secured significant funding to support upcoming development milestones.