Latest Diamond Drilling News

Krakatoa Resources is advancing its Zopkhito Antimony-Gold Project in Georgia with innovative drone LiDAR surveys and dual diamond drilling, moving closer to a maiden JORC resource amid rising demand for critical minerals.

Mount Hope Mining’s maiden drilling at Mt Solitary confirms shallow, high-grade gold mineralisation, setting the stage for an ambitious second phase of drilling to expand the resource.

West Cobar Metals has revealed that previous assays underestimated antimony grades at its Bulla Park deposit, with re-analysis showing an average 14% increase. This discovery could enhance the project's economics and resource potential.

Yari Minerals has announced a substantial 140% increase in its JORC Inferred Coal Resource at the Rolleston South Project in Queensland, now totaling 190 million tonnes. The company is actively drilling to upgrade resource confidence and confirm coal quality, positioning itself for future development.

Yari Minerals has begun a targeted drilling campaign at its Rolleston South Coal Project to confirm semi-soft metallurgical coal and upgrade its resource classification, setting the stage for a 2026 scoping study.

Gold Mountain Limited has reported significant extensions to its rare earth mineralisation at the Irajuba Down Under Project in Brazil, confirming high-grade total and magnet rare earth oxides and paving the way for resource drilling.

Talisman Mining’s recent drilling at Walkers Hill in NSW reveals promising shallow gold mineralisation, setting the stage for expanded exploration in the coming months. The company also reports solid royalty income and a healthy cash position.

Flynn Gold Limited has reported significant progress in its Tasmanian gold exploration projects, including new high-grade gold discoveries and a successful $5 million capital raise to fund further drilling and development.

Chilwa Minerals has confirmed a significant carbonatite-hosted rare earth element discovery at its Mpyupyu target in Malawi, with initial drilling revealing elevated total rare earth oxide grades. This breakthrough supports the company’s strategy to develop a major rare earth system within its tenements.

American West Metals reports outstanding high-grade copper assay results from the Cyclone deposit at its Storm Project, Nunavut, signaling strong resource expansion potential and advancing mine development plans.

Kaiser Reef Limited has achieved a 33% increase in processing capacity at its Henty Gold Mine, with ongoing ramp-up activities and exploration efforts aiming to extend mine life and reduce costs.

Horizon Gold advances its Gum Creek project with significant gold intercepts from water bore drilling and launches an AI-powered exploration platform, while maintaining its feasibility study timeline and securing $12 million in fresh capital.