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Gold Explorers Lead a Resource-Heavy Week as Discovery Alaska Jumps 90%

11:32am on Saturday 29th of August, 2026 AEST MARKET NEWS
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Gold Explorers Lead a Resource-Heavy Week as Discovery Alaska Jumps 90%

11:32am on Saturday 29th of August, 2026 AEST
Key Points
  • Discovery Alaska (ASX:DAF) jumped 90% after agreeing to buy the Cuddingwarra Gold Project in Western Australia.
  • Corazon Mining (ASX:CZN) rose 36.36% after defining a conceptual gold target of up to 132,000 ounces at Two Pools.
  • Yandal Resources (ASX:YRL) gained 29.41% after drilling confirmed a third high-grade gold zone at Arrakis.
  • Gold producers, including Westgold Resources (ASX:WGX), St Barbara (ASX:SBM) and Ora Banda Mining (ASX:OBM), reported stronger profits or larger resources.
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