Latest Diamonds News

Asara Resources reports strong drilling results at its Massan deposit within the Kada Gold Project, confirming continuity and extensions of high-grade gold mineralisation. The company advances its resource growth strategy with ongoing drilling and plans for a Mineral Resource Estimate update.

BMG Resources has commenced diamond drilling as part of a 10,000m program at its Abercromby Gold Project in WA, aiming to expand its 518,000oz gold resource. Results are expected within weeks, alongside a near-complete scoping study that could pave the way for near-term production.

Prospect Resources has confirmed a continuous near-surface copper sulphide system over more than 1km at its West Mwombezhi prospect in Zambia, with a maiden resource estimate due in Q2 2026.

Larvotto Resources has reported robust diamond drilling results at its Metz Mining Centre, revealing wide zones of gold, antimony, and tungsten mineralisation that promise to boost the Hillgrove project’s resource base.

AIC Mines has launched an ambitious 2026 drilling campaign targeting 12 prospects near its Eloise copper mine, aiming to uncover transformational copper and gold deposits to boost production.

Ballard Mining reports promising drilling results at its Mt Ida Gold Project, extending mineralisation and targeting new open pit resources to supplement the Baldock deposit. The company advances towards a maiden ore reserve and feasibility study in 2026.

Sun Silver Limited has launched an ambitious 2026 drilling campaign at its Maverick Silver Project in Nevada, deploying four diamond core rigs to upgrade and expand its mineral resource while advancing metallurgical studies.

PolarX Limited and Northern Star Resources have agreed on a US$6.9 million exploration budget for 2026, focusing on a major drilling program at the Caribou Dome Copper Project, while extending key deadlines amid assay result delays.

Rent.com.au has expanded its senior debt facility to $15 million and extended its term, fueling record growth in its RentBond® loan product and enhancing profitability through increased cash funding.

Tartana Minerals has secured $4.5 million in capital to fast-track exploration and increase copper sulphate production at its Far North Queensland projects. The company is poised to expand its resource base and production capabilities with new drilling and operational upgrades.

FMR Resources has reported extensive mineralised intersections in drillhole 26LHDD073 at Target L within the Llahuin Project JV, highlighting promising porphyry copper-gold-molybdenum potential. Assay results are anticipated in June 2026, setting the stage for a focused Phase II drilling campaign.

Great Southern Mining has initiated deep diamond drilling at its Golden Boulder discovery in Western Australia, supported by government co-funding and a recent capital raise. This marks a pivotal step in exploring the source of multiple gold mineralisation trends within the Duketon Gold Project.