Latest Diamond Drilling News

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

AusQuest’s diamond drilling at the Cangallo project in Peru has more than doubled the known depth of copper mineralisation, revealing a large-scale porphyry system with promising near-surface enrichment.

Greenvale Energy’s latest drilling and trenching at the Oasis Uranium Project confirm high-grade uranium continuity and reveal a potential second mineralised structure, expanding exploration horizons.

Strickland Metals has reported its largest-ever mineralised intercept at the Gradina Deposit in Serbia, with over 700 metres of continuous gold and zinc mineralisation. This breakthrough supports confidence in expanding the Rogozna Project’s resource ahead of a maiden estimate due late 2025.

Brightstar Resources has reported promising high-grade drilling results at its Second Fortune and Fish gold mines, indicating potential extensions to mine life and new ore sources for its planned Laverton mill.

Krakatoa Resources reports significant progress in drilling at its Zopkhito Antimony-Gold Project in Georgia, with most holes intersecting visible antimony mineralisation. Assay results are eagerly awaited to validate historical resource estimates and support a maiden JORC-compliant Mineral Resource.

Javelin Minerals is set to begin diamond drilling at its Eureka Gold Project in Western Australia this November, paving the way for mining operations scheduled for mid-2026. The campaign aims to refine resource estimates and unlock high-grade extensions, supported by secured financing and partnerships.

African Gold Limited has exercised its option to acquire an 80% interest in Kouroufaba Gold Limited, significantly expanding its exploration portfolio across 1,428 square kilometres in Côte d’Ivoire’s Birimian greenstone belts.

PC Gold has reported a stunning high-grade gold intersection of 0.7m at 459.08 g/t Au from diamond drilling at its Spring Hill project, signaling significant potential beyond the current resource boundary. Follow-up drilling is set to explore these promising extensions further.

Celsius Resources reports metallurgical test results from its MCB Copper-Gold Project in the Philippines, demonstrating strong copper and gold recoveries that reinforce the project's economic potential.

Many Peaks Limited reports significant new gold mineralisation at its flagship Ferké Project, with diamond drilling extending the known resource and plans for further exploration underway.

Lefroy Exploration has initiated diamond drilling at its Burns Gold Deposit, targeting the high-grade core to enhance metallurgical understanding and resource potential. This move follows promising earlier test results and sets the stage for further resource expansion.