Latest Diamond Drilling News

Great Southern Mining has won up to $337,500 in government grants to advance drilling at its Duketon Gold and East Laverton projects, aiming to unlock deeper gold and platinum group element deposits.

Prodigy Gold has reported a milestone with over one million ounces of gold in its resource inventory, alongside significant exploration progress and a successful $7.13 million capital raise to fund ongoing development.

Ballard Mining’s infill drilling at the Baldock deposit continues to reveal strong high-grade gold intersections, underpinning plans for a maiden ore reserve by mid-2026. The program is 74% complete, boosting confidence in resource conversion and future mine life.

Dreadnought Resources has commenced drilling at the Stinger rare earth and niobium target within its Mangaroon project, revealing a substantial rare earth enriched carbonatite zone with promising grades and mineralogy akin to the Mountain Pass deposit.

Black Cat Syndicate reports visible antimony mineralisation in initial drill holes at Mt Clement, advancing one of Australia’s largest antimony deposits with assays due in November 2025.

Podium Minerals has achieved a metallurgical breakthrough at its Parks Reef project, delivering an 80% recovery of key metals and a 50-fold concentrate grade upgrade. The company is advancing a A$12 million capital raise to accelerate development amid soaring platinum and palladium prices.

Indiana Resources has kicked off a significant 7,000-metre aircore drilling campaign at its Minos Gold Project in South Australia, aiming to test newly identified high-grade gold targets along the Lake Labyrinth Shear Zone.

GoldArc Resources has revealed extraordinary high-grade gold mineralisation in historical data from the Cosmopolitan Gold Mine, opening new prospects for resource expansion. The company plans targeted drilling to validate these findings and define a JORC-compliant resource.

Forrestania Resources has intersected significant copper sulphides in its first diamond drill hole at the Breakaway Dam VMS prospect, confirming the effectiveness of its electromagnetic targeting and hinting at a district-scale copper system.

African Gold Limited has realised a 134% gain from selling Montage Gold shares, boosting its cash reserves to about A$16 million to accelerate exploration at its promising Didievi Gold Project in Côte d’Ivoire.

Iceni Gold’s latest drilling at the Guyer Trend within its 14 Mile Well Project reveals a large, evolving gold system with two distinct mineralisation styles, marking a significant step forward in exploration.

Axel REE Limited has secured three new exploration licences adjacent to its Caladão Project in Brazil, launching a drilling campaign aimed at expanding its rare earth elements and gallium resources.