Latest Gold Exploration And Development News

Norwest Minerals has revised its Bulgera Gold Project resource to 191,000 ounces with 76% in the Indicated category and reported strong metallurgical recoveries supporting heap leach development. The company launched a partly underwritten $1.89 million entitlement offer to fund ongoing studies.

Flynn Gold has secured a key regulatory milestone by registering Mining Lease Application 6M/2026 over part of its Golden Ridge Project in northeast Tasmania, enabling accelerated development including resource drilling and environmental studies.

Adavale Resources has uncovered six additional near-mine gold prospects adjacent to its London-Victoria Gold Mine, strengthening its Parkes Thrust Project pipeline ahead of a resource update scheduled for September 2026.

Kingston Resources has closed its $8.47 million entitlement offer, raising less than half the targeted shares and leaving a substantial shortfall to be allocated by underwriters.

Ballard Mining’s June quarter at Mt Ida delivers promising high-grade gold intercepts and new discoveries, underpinning a robust resource growth strategy backed by a solid cash position.

PC Gold has significantly expanded its Spring Hill gold resource to 1.51 million ounces, unveiling a new high-grade Link Zone that could underpin a long-life mining operation in the Northern Territory.

Pacgold's latest drilling at the Vertigo deposit uncovers strong shallow oxide gold mineralisation, accelerating plans to restart mining at White Dam. An updated resource estimate is due early Q3 2026.

Everest Metals has obtained a critical mining lease for its Revere Gold Project in WA, marking a major step from exploration to development with a 260,780-ounce maiden resource and ongoing approvals.

Pilbara Gold is pushing ahead with a major 50,000m drilling campaign at its 2.1Moz Mt York Gold Project, targeting resource expansion at depth and along strike. Meanwhile, drilling has resumed at the Roe Hills Project after an eight-year break, aiming to define a maiden resource.

High-Tech Metals has wrapped up a 41-hole drilling campaign at Mt Fisher, confirming mineralisation continuity beneath the historical pit and defining clear targets for further resource growth. An updated Mineral Resource Estimate and pit optimisation are due in August, setting the stage for Phase 2 drilling.

Toubani Resources (ASX: TRE) has launched the retail tranche of its fully underwritten A$70 million entitlement offer at A$0.30 per share, following a successful institutional raise, to fund the Kobada Gold Mine’s construction and exploration.

Rokeby Resources (ASX:RKB) has completed its acquisition of the Omeo Gold Project, gaining full ownership of a historically rich gold asset in Victoria. The company has already commenced a diamond drilling program at the high-grade Sunnyside deposit, aiming to upgrade and expand the resource.