Latest Diamond Drilling News

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

Savannah Goldfields reports promising assay results from its Georgetown Gold Project, highlighting a significant gold intercept at the Electric Light Prospect and completion of a key drilling program.

AusQuest Limited has raised A$10 million through a share placement to expand drilling at its promising Cangallo copper-gold project in Peru, aiming to unlock higher-grade mineralisation.

OD6 Metals has initiated a Downhole Electromagnetic (DHEM) survey at its Gulf Creek Copper Project in NSW, aiming to identify extensions of high-grade copper mineralisation and guide efficient drilling in 2026.

Prospech Limited has launched a 1,600-metre diamond drilling campaign at its Korsnäs rare earth element project in Finland, supported by promising passive seismic survey results that highlight potential new mineralised zones.

Dart Mining’s drilling at Great Divide Mining’s Coonambula project reveals continuous massive stibnite mineralisation over a 300m strike, reinforcing the potential for a significant antimony-gold resource. Further drilling and analysis aim to define a JORC-compliant resource.

Chariot Resources has confirmed high-grade lithium mineralisation at its Fonlo and Iganna projects in Nigeria, with assays returning up to 5.96% lithium oxide. The results reinforce the potential for near-term production and resource expansion within its Nigerian lithium portfolio.

Many Peaks Minerals has launched a substantial diamond and RC drilling campaign exceeding 15,000 metres at its Ferké Gold Project in Côte d'Ivoire, aiming to expand known mineralised zones and build on recent high-grade gold discoveries.

Dart Mining NL reports consistent massive stibnite intersections across a 300m strike at its Coonambula Antimony-Gold Project, advancing drilling efforts and aiming for a JORC-compliant resource. The project’s potential is bolstered by historical and recent high-grade antimony and gold mineralisation.

Prospect Resources has revealed promising Phase 2 drilling results at its Mumbezhi Copper Project in Zambia, highlighting new high-grade copper mineralisation zones and setting the stage for updated resource estimates in early 2026.

Santana Minerals has reported exceptional high-grade gold drill results at the Rise & Shine deposit, confirming continuity of its core mineralisation and extending underground mine life by 60%. These findings reinforce the geological model and hint at a larger operation ahead.

Meeka Metals’ initial exploration drilling at the new Rosapenna target within the Fairway shear zone reveals significant high-grade gold intersections, underscoring the potential for resource growth at the Murchison Gold Project.