Latest Diamonds News

QMines Limited has raised $6 million through a strongly supported placement, positioning the company to accelerate exploration and development at its Mt Chalmers and Develin Creek copper and gold projects.

Future Metals NL has confirmed a significant copper-nickel mineralised intrusion extending 4.5km at its Eileen Bore Prospect, marking a major step forward in its exploration campaign.

Winsome Resources has raised approximately A$7.8 million through a placement to advance its flagship Adina Lithium Project and extend the Renard Option to August 2025, with plans for an additional share purchase plan targeting A$2.5 million.

Brightstar Resources has reported outstanding metallurgical test results from its Cork Tree Well deposit, with gold recoveries exceeding 90% across multiple rock types. The company is fast-tracking further drilling to expand resource potential amid a recent board change.

Rox Resources reports compelling assay results from its 35,000m drilling campaign at Youanmi, alongside advancing metallurgical testing and critical infrastructure upgrades, positioning the project firmly on track for its mid-2025 resource update.

Prodigy Gold NL has unveiled its comprehensive exploration plans for 2025, targeting resource expansion at Hyperion and Tregony deposits while advancing development options at Old Pirate. The company aims to leverage drilling results and metallurgical studies to accelerate project development in the Northern Territory.

Patronus Resources has reported significant high-grade gold intercepts at its Mertondale Gold Project, confirming substantial exploration upside and unveiling a maiden JORC Exploration Target named Koi. The results reinforce the potential to expand beyond the existing 241,000-ounce resource.

Burgundy Diamond Mines has secured a novel diesel fuel offtake agreement with Macquarie Bank, easing seasonal cash flow pressures and potentially setting a precedent for multi-year collaboration.

Pantoro Limited reports exceptional high-grade gold intersections from initial drilling in the Southern Mainfield of its Norseman Gold Project, reinforcing its strategy to expand underground mining operations.

S2 Resources has identified a promising porphyry-style copper-gold drill target at its Glenlogan Project in New South Wales through advanced geophysical surveys, setting the stage for focused exploration drilling.

Great Western Exploration has identified two substantial conductors with strong potential for Volcanic Hosted Massive Sulphide (VHMS) mineralisation at its Oval Copper-Gold Target in Western Australia, setting the stage for imminent drilling campaigns.

Many Peaks Minerals Limited has amended its previous ASX announcement on auger sampling at the Ferké Gold Project to enhance regulatory compliance, while continuing to advance exploration with diamond drilling and planned air core and RC programs.