Latest Diamond Drilling News

Aurum Resources has sold nearly 2.9 million Montage Gold shares for about A$23 million, doubling its initial investment and boosting its cash reserves to around A$40 million. This financial boost supports ongoing exploration and development at its key Côte d'Ivoire gold projects.

Riedel Resources has initiated a significant diamond drilling campaign at its Kingman Gold Project in Arizona, aiming to expand its high-grade gold and silver resource. The fully funded program is set to deliver initial assay results in January 2026.

Corazon Mining has secured two critical tenements at its Two Pools Gold Project in Western Australia, enabling preparations for a maiden diamond drilling program aimed at confirming high-grade gold mineralisation early next year.

Bubalus Resources has confirmed a gold-bearing system at its Crosbie North prospect in Victoria following a maiden drilling program, with assays up to 1.32 g/t gold. The company is preparing for further drilling in 2026 to explore previously inaccessible targets and expand on these promising results.

Everest Metals Corporation has reported impressive rubidium assay results up to 0.79% Rb₂O from its Phase 2 drilling at the Mt Edon Critical Mineral Project, reinforcing the potential for resource expansion ahead of a planned upgrade in early 2026.

Kingsgate Consolidated Limited reported record quarterly gold and silver production at its Chatree Gold Mine, alongside strong cash growth and strategic project advances in its November 2025 AGM update.

Hot Chili Limited’s latest diamond drilling at the La Verde porphyry within its Costa Fuego project in Chile has confirmed extensive copper-gold mineralisation, surpassing initial expectations and expanding the known deposit footprint.

Gateway Mining Limited is intensifying its exploration efforts at the Yandal Gold Project with a second diamond rig and has uncovered additional gold nuggets at Great Western, while a major aeromagnetic survey is underway at Glenburgh South.

Rumble Resources’ latest Scoping Study reveals a promising underground gold mining project at Western Queen South with low capital costs and strong financial returns, setting the stage for rapid development and potential resource expansion.

Locksley Resources has kicked off its maiden drilling at the El Campo Rare Earths Prospect and secured full regulatory approval for an expanded program at the Desert Antimony Mine, setting the stage for continuous exploration updates through mid-2026.

Culpeo Minerals has raised $3 million through a placement to fund maiden drilling at its Vista Montana copper prospect and follow-up work at Lana Corina in Chile, aiming to advance its promising copper exploration projects.

Zenith Minerals reports significant new gold intercepts at its Red Mountain Project, revealing an expanding intrusion-related gold system with increasing grades to the north. The findings refine the geological model and identify fresh drill targets for 2026.