Latest Diamonds News

Medallion Metals has kicked off reverse circulation drilling at Lounge Lizard and Teddy Bear within its Forrestania Gold Project, validating high-grade historical results and targeting a maiden resource by Q3 2026.

Rox Resources has finished dewatering the Youanmi Main Pit and is advancing underground mining and infrastructure, positioning the project on track for production.

Lunnon Metals has delivered significant gold intercepts at its Paringa West prospect, including visible gold in reverse circulation chips for the first time, reinforcing the potential of the Paringa Gold Belt near its Lady Herial mine. Meanwhile, a second government co-funded drill hole is underway at the Plentiful prospect to better define host rock structures.

Aurum Resources has delivered robust drilling results from the BDT2 deposit at its Boundiali Gold Project, confirming significant resource growth potential and underpinning its development timeline with a strong financial position.

Hamelin Gold has been granted the Day Dawn exploration licence near the Telfer mine and secured a $180,000 co-funded drilling grant, setting the stage for a significant 3,000 metre RC drilling program targeting high-grade gold mineralisation.

Stavely Minerals has confirmed significant gold-silver mineralisation at its Freddy’s Find prospect and plans deeper diamond drilling alongside new RC holes to explore a large-scale porphyry target nearby.

Southern Hemisphere Mining has launched a 1,000-metre diamond drilling campaign at its Llahuin copper project in Chile, aiming to extend known mineralisation and test for higher-grade copper-gold-molybdenum zones within a 218Mt JORC resource.

Alice Queen Limited (ASX:AQX) has initiated a partially underwritten rights issue aiming to raise up to $5.77 million, with substantial shareholder Gage Resource Development committed to maintaining control. The funds will primarily support further drilling and project development at Horn Island.

Scorpion Minerals has unveiled an Exploration Target of up to 3 million tonnes grading 1.5 to 2.0 g/t Au at its Old Prospect gold zone in Western Australia's Murchison region, building on an existing 21,600-ounce JORC resource with significant upside potential.

AusQuest’s latest drilling at Cangallo confirms a 1.5km mineralised copper-gold corridor with emerging higher-grade zones, setting the stage for a major diamond drilling campaign targeting deeper sulphides.

Caprice Resources has struck a remarkable new high-grade gold zone near surface at its Island Gold Project, revealing a 22m intercept averaging 66.2 g/t gold parallel to the established Vadrians lode, signalling a potentially multi-lode system.

Resolution Minerals has achieved 99.5% recovery of stibnite from lower grade Antimony Ridge samples, reinforcing the project's potential as a key US antimony source. Further flotation and hydrometallurgical test work is underway alongside a major drilling campaign at Golden Gate.