Latest Gold Exploration And Development News

PC Gold’s re-assay program using advanced Photon Assay technology has confirmed a significant 55.5% uplift in gold grades at its Spring Hill project, challenging historical estimates and setting the stage for a resource upgrade.

Haranga Resources has commenced underground diamond drilling at its Lincoln Gold Project in California, aiming to convert a historical resource to JORC compliance and explore new high-grade gold zones.

Aurum Resources has sold nearly 2.9 million Montage Gold shares for about A$23 million, doubling its initial investment and boosting its cash reserves to around A$40 million. This financial boost supports ongoing exploration and development at its key Côte d'Ivoire gold projects.

Thunderbird Resources has completed its acquisition of LM2 Metals, gaining full ownership of the Springfield Gold Deposit in central NSW and issuing over 28 million shares as part of the deal.

Latitude 66 Limited has executed binding option and joint venture agreements to acquire an 80% interest in the Laverton Gold Project, featuring a 13,500-ounce gold resource and immediate drilling underway.

Western Gold Resources reports strong, consistent high-grade gold results from the Golden Monarch deposit, reinforcing confidence in the Gold Duke Project’s early production and mine scheduling ahead of a planned Decision to Mine in late 2025.

PC Gold has secured a dual listing on the Frankfurt Stock Exchange, opening new doors to European investors as it advances its Spring Hill Gold Project in Australia’s Northern Territory.

Nex Metals Explorations reported no exploration spending in Q1 FY26 but made significant strides by finalising a profit-sharing deal for its Kookynie project and entering Egypt’s Eastern Desert mining scene.

High-Tech Metals Ltd has reported metallurgical test results from its Mt Fisher Gold Project confirming high gold recoveries of up to 92.8%, supporting near-term development plans and joint venture processing opportunities.

Barton Gold Holdings has completed its Phase 1 drilling at the Tunkillia Gold Project ahead of schedule and under budget, targeting the high-value S1 and S2 pits. The company anticipates strong cash flow and rapid payback from the S1 pit, with assay results expected soon.

Forrestania Resources Limited has initiated an all-scrip off-market takeover offer for Kula Gold Limited, aiming to consolidate gold exploration assets across Western Australia. The offer, valued up to $58.7 million, comes with unanimous backing from Kula's board.

Black Dragon Gold has completed a €2.64 million placement to Spanish high-net-worth investors, strengthening local ties and funding key engineering work for its Salave Gold Project in Asturias.