Latest Diamond Drilling News

Kaiser Reef Limited has reported strong gold mineralisation continuity and high-grade intercepts from its latest drilling at the Union Hill Open Pit, reinforcing the Maldon Gold Project’s growth potential.

Sunshine Metals reports significant progress in North Queensland with standout gold intersections at Sybil and a $5 million placement led by Lion Selection. Board reshuffle aligns leadership with growth strategy.

OD6 Metals has selected a cutting-edge rare earth processing flowsheet delivering ~75% recovery of key elements and completed metallurgical drilling at Splinter Rock, supported by a $2.5 million capital raise. The company also commenced Phase 2 drilling at its Gulf Creek Copper Project, maintaining a strong cash position.

Tesoro Gold has reported a significant 42% increase in its Ternera gold resource alongside a robust scoping study and a $34 million equity raise to accelerate development of its El Zorro project in Chile.

White Cliff Minerals has confirmed sediment-hosted copper mineralisation at its Rae Copper Project in Nunavut, Canada, with diamond drilling revealing multiple copper styles and promising grades. The discovery points to a fertile system with clear pathways to higher-grade zones.

American Uranium Limited has kicked off Phase 1 of its resource expansion drilling at the Lo Herma ISR uranium project in Wyoming, backed by a $4.5 million capital raise led by strategic investor Snow Lake Energy. The company aims to update its resource estimate early next year as it advances towards production.

Maronan Metals has released a robust Preliminary Economic Assessment for its Starter Zone, highlighting strong economics and a promising 10-year mine life, while securing $16 million in fresh capital to propel development.

Lord Resources has released final assay results from its Ilgarari drilling campaign, revealing significant copper mineralisation and validating geological models. The company has deferred its planned entitlement issue, opting to reassess funding needs after evaluating recent drilling and acquisition prospects.

Iceni Gold’s September quarter report reveals promising drill results at its 14 Mile Well Project, highlighting a newly discovered basalt-hosted gold trend and expanding mineralisation zones. The company maintains a solid cash position as it plans further exploration.

Berkeley Energia reports promising preliminary metallurgical test results from its Conchas Project in Spain, highlighting strong recoveries of lithium and rubidium using flotation and magnetic separation techniques. These findings advance the project's potential in critical minerals supply.

Kalgoorlie Gold Mining has significantly extended the Lighthorse gold prospect at its Pinjin Project, doubling the strike length and commencing its largest reverse circulation drill program to date. The company also bolstered its cash reserves to $5 million, positioning itself for a busy exploration phase.

DevEx Resources has made significant progress in its uranium and rare earth exploration programs, completing key surveys and preparing for drilling in 2026. Early assay results and metallurgical tests highlight promising prospects across its Northern Territory and Queensland projects.