Latest Gold Exploration And Development News

Gorilla Gold has dramatically expanded its Comet Vale gold resource by 900%, boosting its Western Australian portfolio to 1.5 million ounces and securing $31.7 million in fresh capital to accelerate development.

Kalgoorlie Gold Mining has significantly expanded its primary gold mineralisation footprint at the Lighthorse prospect, while advancing resource updates at Bulong Taurus and maintaining a strong balance sheet.

Carnavale Resources has marked key progress at its Kookynie Gold Project, signing a pivotal Heritage and Mining Agreement and launching a Bankable Feasibility Study aimed at production by mid-2026.

Odyssey Gold Limited has successfully raised approximately $9 million through a placement to fund accelerated development at its Tuckanarra Gold Project in Western Australia.

Horizon Gold Limited has reported a significant update to its Gum Creek Gold Project, boosting its mineral resource estimate by 8% and advancing its feasibility study on track for mid-2026 completion.

Barton Gold Holdings has completed significant drilling upgrades and advanced feasibility studies across its South Australian projects, raising $15 million to support a targeted production restart by the end of 2026.

Torque Metals is advancing its Paris Gold Camp project in Western Australia, moving from exploration to development readiness with a 250,000-ounce gold resource and an aggressive drilling program.

GoldArc Resources has identified multiple high-priority gold targets at its Leonora projects and secured strategic partnerships to accelerate mining development, backed by a $2.5 million cash advance facility.

Mt Malcolm Mines NL has taken a major step forward with the acquisition of a 500,000 tonnes per annum gold processing plant and an oversubscribed $3.05 million capital raise, while drilling at Picnic South confirms consistent near-surface gold mineralisation.

Aurum Resources has reported further high-grade gold intercepts at its BMT3 deposit within the Boundiali Gold Project, reinforcing resource confidence ahead of key 2026 milestones. The company is advancing aggressive drilling and development plans backed by a strong cash position.

Everest Metals Corporation Ltd reported a cautious quarterly cash flow with net outflows from operations and investing, while securing a significant $18.6 million financing facility for its Mt Dimer project development.

Zuleika Gold Limited has announced its first inferred mineral resource estimate for the Paradigm East deposit, marking a key milestone in its Kalgoorlie-area gold projects. Combined with the Credo Well resource, the company now holds over 35,000 ounces of gold resources as it advances mining lease applications and plans further drilling.