Latest Diamonds News

Yugo Metals has secured a $5 million oversubscribed placement to ramp up drilling across its gold, nickel-cobalt, and base metals projects in the Balkans, positioning the company for significant exploration milestones over the next 18 months.

Megado Minerals is poised to kick off its maiden drilling campaign at the Iberian Copper Project in northern Spain, targeting historic copper oxide deposits and exploring for deeper sulphide mineralisation with new geophysical surveys underway.

Nelson Resources has appointed Nevada Rand LLC to lead the next phase of underground diamond drilling at its Gold Point Project in Nevada, targeting high-grade vein extensions beyond historic workings.

Cosmo Metals has reported robust rock chip assays from its Everest-Mona-Victory Trend in NSW, revealing significant copper, gold, and silver mineralisation and advancing towards its first drill program.

Zenith Minerals’ latest 10-hole RC drilling campaign at its Consolidated Dulcie Gold Project validates mineralisation continuity and extends gold lodes beyond previous resource limits, setting the stage for a more ambitious follow-up drilling program.

Sunstone Metals continues to expand its Bramaderos gold-copper resource in Ecuador, with recent drilling at Porotillo delivering long, consistent mineralised intersections outside the existing 3.6Moz resource. The company aims to upgrade a significant exploration target to a JORC resource later this year.

Somerset Minerals has unveiled high-grade copper results up to 9.26% from its 2026 diamond drilling at Jura, Nunavut, while gearing up for maiden drilling at the extensive Talisker anomaly, signalling a busy exploration year ahead.

Lachlan Star has delivered further high-grade gold hits from its maiden diamond drilling at New Waverley, confirming a shallow, continuous quartz vein system with strike potential beyond 800 metres. A substantial reverse circulation drilling campaign is poised to expand the discovery.

Hamelin Gold has kicked off a 3,000-metre reverse circulation drilling program at its Day Dawn project in Western Australia's Paterson Province, aiming to validate and extend the high-grade Aurora Lode. The company plans follow-up drilling phases and deeper diamond drilling to explore a potential Telfer-style gold system.

Forrestania Resources has updated its MacPhersons deposit resource to 73,800 ounces, pushing its global JORC-compliant gold resource past the one million ounce mark. This milestone underscores the company’s growing footprint in Western Australia’s Eastern Goldfields.

TG Metals has lodged a mining lease application for its Burmeister lithium deposit, targeting early-stage direct shipping ore development amid a buoyant lithium market.

Altair Minerals has brought on geoscience veteran Simon Bolster as Technical Advisor to refine drill targets and accelerate exploration at its Greater Oko gold project, leveraging his expertise in regolith geochemistry and rapid assay technology.