Latest Underground Drilling News

Ballymore Resources advances its Queensland exploration portfolio with a significant new gold-copper target beneath Dittmer and promising drilling results at Cedar Ridge and Ravenswood. Preparations for a deep drilling campaign at Dittmer are underway, signaling potential for a major resource upgrade.

Gold Road Resources delivered record gold production and free cash flow in the December 2024 quarter, strengthening its balance sheet and setting ambitious 2025 guidance.

Burgundy Diamond Mines reported a dip in Q4-2024 production and revenue amid operational transitions but maintains a bullish outlook for 2025 driven by strategic mine development and market recovery.

Bellevue Gold Limited reports a robust December 2024 quarter with rising grades and tonnages, setting the stage for a significant production ramp-up and cost reductions in H2 FY25. The company also advances its commitment to sustainability, aiming for net-zero greenhouse gas emissions by 2026.

Gold Road Resources projects a significant production increase at Gruyere in 2025 and has initiated underground drilling to potentially extend mine life beyond 2032.

Ballymore Resources is preparing to launch a 2,000m Stage 5 diamond drilling program at its Dittmer Gold Project in February 2025, aiming to extend known gold mineralisation and explore a deep porphyry target. This follows a string of successful drill results that have yet to be fully quantified in a Mineral Resource estimate.