Latest Diamond Drilling News

Legacy Minerals reports multiple high-priority exploration targets at Mt Carrington with drilling underway and a metallurgical study initiated, alongside encouraging assay results at Thomson and a major PGE drill campaign at Fontenoy.

Resolution Minerals has completed a pivotal drilling phase at its Horse Heaven Project, confirming visible tungsten mineralisation and securing A$25.1 million in institutional funding to accelerate exploration and development.

Olympio Metals has reported significant high-grade gold intersections from its Bousquet Gold Project in Quebec, alongside a $1.6 million capital raise to accelerate exploration and drilling activities.

Enova Mining confirms robust rare earth and titanium mineralisation across its Brazilian projects, advancing towards maiden drilling at East Salinas backed by a $0.85 million capital raise.

Redstone Resources reports promising copper and cobalt assay results from deep drilling at its West Musgrave project, supported by multiple government grants and a recent $650,000 capital raise to advance exploration.

Dart Mining NL has reported significant exploration progress at its Triumph Gold and Coonambula Antimony-Gold projects, revealing high-grade gold intersections and promising antimony mineralisation. The company also strengthened its financial position with a recent capital raise.

Magmatic Resources has completed its maiden drilling at the Weebo Gold Project, revealing promising high-grade gold mineralisation and securing a $3.5 million exploration budget for its Myall JV with FMG Resources.

Aureka Limited reports significant drilling successes at its Victorian gold projects, confirming resource extensions and high-grade intercepts, while initiating a strategic review of its Tandarra joint venture.

Desert Metals Limited confirms a substantial high-grade gold system at its Adzope project in Côte d’Ivoire, following a successful diamond drilling campaign. The company also advances exploration at Tengrela South while streamlining its portfolio by relinquishing Western Australian tenements.

Aguia Resources advances its phosphate operations in Brazil with new funding and plant upgrades, while a management overhaul in Colombia reveals a significant gold discovery at Santa Barbara.

North Stawell Minerals advances its gold exploration with renewed drilling and surface sampling at the Darlington Prospect, supported by a $2 million capital raise.

Thunderbird Resources has executed a binding agreement to acquire 100% of the Springfield Gold Deposit in NSW, an advanced project with significant high-grade gold mineralisation. The company also raised $2.2 million to fund exploration and appointed new senior executives to drive growth.