Latest Diamond Drilling News

Perpetual Resources has launched a systematic exploration program across its key lithium projects in Brazil, aiming to expand on recent high-grade discoveries and define new drill targets.

Aldoro Resources has launched a significant Phase II drilling campaign targeting high-grade niobium at its Kameelburg project, while simultaneously initiating heavy rare earth element exploration at Omuronga, Namibia.

Eastern Metals Limited is set to raise up to AUD 5 million through a public offer to fund its acquisition of Raptor Resources Limited, marking a significant shift in its business focus and a planned re-compliance with ASX listing rules.

SQX Resources has secured an 80% stake in two historically rich gold and silver projects in Montana and Arizona, backed by a $2 million placement to accelerate exploration. This marks the company's strategic entry into the North American precious metals arena.

Alma Metals is advancing its Briggs Copper Project with a deep diamond drill hole underway and the scoping study nearing completion, supported by a Queensland Government grant and solid financial footing.

Javelin Minerals has locked in a $25 million mining and funding agreement with MEGA Resources, boosting its Eureka Gold Project resources and setting sights on production by mid-2026. The company also raised $4.5 million to accelerate exploration at its key WA gold assets.

Encounter Resources has reported significant rare earth element mineralisation across multiple prospects in Western Australia's West Arunta, highlighting the region's emerging status as a major niobium-REE province.

Strickland Metals has confirmed significant up-dip extensions of high-grade gold mineralisation at its Shanac Deposit within the Rogozna Project in Serbia, highlighting promising near-surface zones for early mine development.

FireFly Metals has announced a significant extension of high-grade copper-gold mineralisation at its Green Bay Project in Canada, with drill results revealing a 650m expansion beyond previous estimates. The standout intersection of 49m at 6.1% copper equivalent underscores the project’s growing potential.

Eclipse Metals has commenced diamond drilling at its Greenland rare earth project, backed by a $4 million placement to expand and upgrade its resource. The move aligns with strategic plans for a Nasdaq dual listing amid growing global supply chain concerns.

Indiana Resources reports impressive high-grade gold intersections at its Minos Gold Project, with assays up to 13.0 g/t gold, while gearing up for a significant air-core drilling campaign at nearby Ariadne and Company Well prospects.

Ordell Minerals has expanded the main gold mineralisation zone at its Barimaia Project in Western Australia to 700 metres of strike, delivering strong step-out drilling results including high-grade intercepts. Diamond drilling results are awaited, with new targets identified west of McNabs.