Latest Diamonds News

Medallion Metals confirms continuity of high-grade gold mineralisation beneath Lounge Lizard open pit, advancing geological models and targeting a maiden resource estimate by Q3 2026.

Saturn Metals has delivered robust new drilling results at the Titan Lode within its Apollo Hill gold project, expanding the mineralised footprint and confirming Titan as a key shallow mineralised centre. The results set the stage for a resource update later this year.

Rumble Resources has received the second $5 million milestone payment from Elemental Royalty and satisfied a key condition for its ore toll milling agreement, positioning the Western Queen project for pre-development.

Rokeby Resources has kicked off a nine-hole diamond drilling campaign at the Sunnyside deposit within the Omeo Gold Project, aiming to upgrade a historical 320,000-ounce gold resource and lay groundwork for a JORC-compliant estimate.

Dreadnought Resources has unveiled assay results confirming a new northern extension at Metzke’s Find within the Illaara Gold Project, with drilling revealing significant gold intercepts over a 150m strike. The company targets a Resource update in July 2026 alongside further drilling and studies to advance the project towards development.

Miramar Resources has successfully completed an auger drilling campaign at its Joy Helen prospect, extending known SEDEX-style mineralisation and identifying new structural targets within the Chain Pool project in Western Australia.

Metal Hawk Limited has reinforced the high potential of its Leinster South Project in Western Australia, delivering final assays that confirm thick, shallow high-grade gold at the Thylacine south zone and unveiling fresh structural targets east of Tysons. The company is poised to resume drilling in late June to expand on these promising findings.

AFC Group Holdings reported a sharp 78% drop in revenue to NZ$161,000 and a net loss of NZ$818,000 for FY2026, but secured shareholder backing and plans to expand its wine portfolio and distribution reach.

Stavely Minerals has issued its Tranche 2 placement shares following shareholder approval, with key investors increasing stakes. The company eyes a mid-year scoping study and imminent diamond drilling at promising copper-gold-silver and gold prospects.

Pacific Resources (ASX: PXR) has advanced its acquisition of the Snowstorm Gold Project in Victoria’s Eastern Goldfields by paying $160,000 to acquire a 50% stake in Mines of Stirling, the project’s owner. Completion of the acquisition, including full ownership, is expected by mid-July.

True North Copper (ASX:TNC) has unveiled promising assay results from its 2026 reverse circulation drilling at the Great Australia Mine, highlighting new shallow copper-gold intersections that could expand its Cloncurry Copper Project resource base and enhance mine planning options.

White Cliff Minerals has extended its Danvers copper mineralisation footprint to over 1.8km strike, revealing multiple thick, high-grade zones including bornite-rich sulphides along new fault contacts.