Latest Diamond Drilling News

Gold Road Resources has agreed to a $3.40 per share acquisition by Gold Fields, combining fixed and variable cash components tied to Northern Star shares. Meanwhile, Gruyere mine production remains steady, with costs edging higher and strong cash flow underpinning the company’s financial position.

Dreadnought Resources has fortified its balance sheet with an $8.5 million capital raise and secured a $15 million joint venture with Teck Resources, advancing its Mangaroon gold and critical minerals projects.

West Cobar Metals has identified promising new copper, antimony, and silver targets at its Bulla Park project, supported by advanced geological and geophysical analysis. The company plans priority drilling to explore these zones and potentially expand its resource base.

CGN Resources has completed a significant drilling campaign at its Webb Project, uncovering new geological insights, while also expanding its tenement holdings in Western Australia's Leonora gold district and the Paterson Province's Broadhurst Project.

Bryah Resources has exercised its option to acquire the Golden Pike Project in New Brunswick, revealing significant high-grade antimony and gold mineralisation potential supported by historical data and recent drilling.

Kingsgate Consolidated has completed drilling at the Chatree South-East Complex, delivering significant gold intercepts that underpin an inaugural resource estimate. Exploration success continues at nearby Chang Puek and Singto prospects, reinforcing the region's potential.

Wia Gold Limited has announced a 38% increase in the Kokoseb Gold Project's mineral resource estimate to 2.93 million ounces, with a majority now classified as Indicated resources. This milestone underpins advancing feasibility studies and highlights promising high-grade zones in Namibia.

West Coast Silver Limited’s inaugural 2025 diamond drilling at Elizabeth Hill delivers exceptional near-surface high-grade silver intercepts, confirming the project’s strong economic potential and setting the stage for further exploration.

Wildcat Resources advances its Tabba Tabba Lithium Project with the Preliminary Feasibility Study nearing completion and strong metallurgical results, supported by a robust cash position of $55.1 million.

Argent Minerals is fast-tracking diamond drilling and metallurgical testwork at its Kempfield Polymetallic Project to underpin a scoping study aimed at early cash flow and long-term development.

Rapid Critical Metals Limited (ASX, RCM) has unveiled a strategic acquisition of two high-grade silver projects in New South Wales and a critical metals project in British Columbia, supported by a proposed $10 million capital raise.

Verity Resources is set to begin a 3,600m drilling campaign aimed at upgrading and expanding its Monument Gold Project resource in Western Australia. The program targets the Korong deposit with the goal of moving from inferred to indicated resource status.