Latest Diamonds News

Mount Hope Mining is set to recommence drilling at its Mt Solitary gold prospect in December, following a detailed reinterpretation of historical drill cores that confirms a 7.5km mineralised corridor linking Mt Solitary and Mt Solar.

Coda Minerals reports steady progress in its diamond drilling program at Elizabeth Creek, confirming geological models and underpinning a robust $1.3 billion pre-feasibility study valuation. The ongoing work supports future development with promising upside from current copper and silver prices.

Superior Resources has updated its Mineral Resource Estimate for the Steam Engine Gold Project, confirming a substantial 194,000 oz gold resource and revealing significant exploration potential along an additional 10 kilometres of prospective lodes.

Kula Gold has validated the North Yilgarn Star Prospect at its Mt Palmer project, spotlighting a historic drill hole with 5m at 6.80g/t gold and strong soil anomalies. The company prioritizes this target for follow-up exploration amid ongoing drilling campaigns.

Ariana Resources reports strong assay results from its latest drilling at Tavsan Mine, confirming mineralisation beyond current resource boundaries and setting the stage for a resource update in 2026.

West Coast Silver has launched a 2,500m aircore drilling campaign at its Elizabeth Hill Silver Project, aiming to expand high-grade silver zones near the historic mine and along the Munni Munni fault. This follows a recent diamond drilling phase that intersected visible native silver, with assay results pending.

Reward Minerals has signed a binding Letter of Intent to acquire the Copper Lance Project in Newfoundland, a promising volcanogenic massive sulphide deposit with historic high-grade copper and silver results. The company plans to fast-track exploration to unlock value in this underexplored Canadian terrane.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s Crooked Creek mine reveals significant massive sulphide lead-zinc mineralisation, confirming extensions to the old high-grade silver-lead-zinc workings. Assay results are pending, promising further insights into this emerging Queensland base metals play.

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.

Caprice Resources has reported compelling high-grade gold assay results from its Phase 4 drilling at the Island Gold Project, extending mineralisation to 300 metres depth and confirming potential for further expansion.

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.