Latest Diamonds News

Falcon Metals has reported extraordinary high-grade gold intersections at its Blue Moon Prospect in Victoria, alongside promising exploration progress in Western Australia and ongoing challenges at its Farrelly Mineral Sands Project.

Kingston Resources has completed the $95 million sale of its Misima Gold Project, bolstering its balance sheet and enabling accelerated growth at its Mineral Hill mine in NSW. The company reports strong operational progress and promising high-grade drilling results.

Paterson Resources has secured heritage clearance and reported promising metallurgical results at its Grace Gold-Copper Project, setting the stage for a significant drilling campaign to upgrade its resource estimate.

Venus Metals Corporation has secured the mining lease for its Bellchambers gold deposit, unlocking the path toward advancing development with promising drilling results and planned resource updates.

Aurum Resources reports exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, underpinning an aggressive 100,000m drilling campaign and a Pre-Feasibility Study due by year-end.

Tesoro Gold has reported promising drilling results expanding its Ternera gold resource and secured A$11.1 million in fresh capital, positioning the El Zorro project for accelerated development.

Tanami Gold NL has reported promising initial assay results from its latest drilling campaign at the historic Jims Gold Mine, revealing significant gold intercepts that hint at potential resource expansion. Final results from the majority of diamond core samples are still awaited, keeping the market’s attention.

DeSoto Resources has ramped up exploration at its Northern Territory Spectrum Project, deploying a second drill rig and completing a significant deep hole at the Quantum Rare Earth Deposit.

Lanthanein Resources has completed diamond drilling at its Lady Grey Project, reported promising assay results, and launched a $2.4 million capital raising alongside a proposed rebrand to Fortuna Metals.

Zinc of Ireland NL has completed key drilling at its Mt Clere Project in Western Australia, intersecting broad sulphide zones, while refining its zinc-lead portfolio in Ireland with ongoing gravity surveys. The company holds a solid cash position of approximately A$1.25 million as it pursues further exploration and potential acquisitions.

Many Peaks Minerals has reported strong progress in its Côte d’Ivoire gold projects, highlighted by robust drilling results at Ferké and a significant A$13.5 million equity raise to fund further exploration.

Firetail Resources has significantly increased its landholding at the Excelsior Gold Project in Nevada, uncovering multiple undocumented workings and promising copper and gold mineralisation ahead of planned drilling.