Latest Gold And Base Metals Exploration News

Scorpion Minerals has solidified its position in Western Australia’s Murchison region by acquiring the Old Prospect gold tenements and progressing strategic partnerships, setting the stage for extensive drilling and resource upgrades.

Dart Mining NL reported standout high-grade gold, silver, and antimony results from its Queensland projects, alongside key acquisitions and asset sales, as it advances towards a maiden resource estimate at Coonambula.

Godolphin Resources has raised A$2.5 million through a discounted share placement to fund a 2,500m diamond drilling program and metallurgical test work at its Lewis Ponds project, aiming to expand its JORC resource and advance development.

CZR Resources has unveiled strong assay results from its Croydon Gold Project, confirming a significant gold system open in all directions. The company advances exploration at Edamurta and Yarrie, supported by a robust cash position.

Rokeby Resources bolsters its portfolio with the acquisition of the high-grade Omeo Gold Project in Victoria, while unveiling promising exploration results at its Queensland assets and planning a delayed drilling campaign. The company has secured $4 million in capital commitments and announced key leadership changes.

Patronus Resources has validated extensive gold targets at Pine Creek and begun diamond drilling at Fountain Head, while securing full ownership of Guppy-Benalla and divesting non-core assets to maintain a strong $75 million cash position.

Mammoth Minerals reported significant shallow gold intercepts at its Excelsior Springs project in Nevada, expanded its landholding with the Imperial Gold Project acquisition, and completed the Paterson divestment, positioning itself for further exploration growth.

Kincora Copper has kicked off a capital-efficient, sole-funded drilling campaign at its 100%-owned Condobolin gold-silver-base metals project in NSW’s Cobar Basin, targeting extensions to the high-grade Meritilga discovery and testing new geochemical and geophysical anomalies.

Raiden Resources is pushing forward with its Crixás Gold Tailings Project in Brazil, planning a 1,000m drilling program to establish a JORC Mineral Resource Estimate and aiming for a Final Investment Decision with less than A$1 million in preliminary costs. Meanwhile, exploration at its Vuzel Gold Project in Bulgaria progresses with permitting for a silver anomaly drill program.

Pacific Resources (ASX: PXR) has progressed technical due diligence on its optioned Eastern Victorian Goldfields Project, outlining a conceptual 6,000 to 25,000-ounce gold target at Ernestine. Meanwhile, channel sampling at its Tasmanian Sulphide Creek Project is complete, with assay results pending.

Impact Minerals has reported standout assays from the first two holes in its Commonwealth JV drilling program, confirming rich gold, silver, and base metal mineralisation that extends known zones and sets the stage for an expanded Phase II campaign.

Kuniko Limited has delivered strong assay results from its maiden drilling at the Commonwealth Main Shaft in NSW, confirming high-grade gold, silver and base metals and extending mineralisation down-dip. These findings set the stage for a more ambitious Phase II drilling campaign.