Latest Diamond Drilling News

True North Copper has successfully completed a $53.44 million capital raising and debt restructuring, exiting voluntary administration and securing ASX reinstatement. The company shifts focus to exploration at Mt Oxide and Cloncurry, retracting prior production plans for the next 12 months.

QMines has completed a 5,034m drilling program at Develin Creek, delivering strong high-grade copper, zinc, gold, and silver results at the Scorpion and Window deposits. An updated mineral resource estimate is expected in Q1 2025, potentially extending mine life at Mt Chalmers.

Wia Gold has reported compelling assay results from recent drilling at its Kokoseb Gold discovery in Namibia, revealing high-grade gold intercepts and announcing a significant ramp-up in exploration and development activities for 2025.

Polymetals Resources is advancing steadily towards restarting production at its high-grade Endeavor silver-zinc mine, fully funded and on track for first output in the first half of 2025.

Advance Metals Limited has entered binding agreements to acquire significant interests in high-grade gold projects in Victoria, Australia, and a major silver project in Durango, Mexico, expanding its precious metals portfolio amid record metal prices.