Latest Gold Exploration And Development News

Rox Resources has successfully completed the first tranche of a $200 million capital raise, issuing 188.7 million shares at 35 cents each. The second tranche, worth $134 million, awaits shareholder approval in December.

Horizon Gold Limited has reaffirmed the strength of its Gum Creek Gold Project, boasting a 2.3 million ounce resource and progressing steadily towards a feasibility study completion in early 2026. The project’s strategic location and existing infrastructure underpin a rapid restart potential.

Emmerson Resources has updated the Mineral Resource Estimate for its White Devil gold deposit, reporting 616,200 ounces with a significant increase in Indicated resources. Feasibility studies are now underway, marking a key step towards development.

Ausgold Limited has raised A$80 million through a fully underwritten placement to fast-track the Katanning Gold Project, aiming for a final investment decision by mid-2026. The capital injection strengthens the company’s balance sheet and supports key development milestones.

Marmota Limited is progressing its scoping study for the Gawler Gold Project, aiming to establish a heap leach facility processing 1 million tonnes annually over seven years. Completion is targeted by March 2026, with key technical workstreams underway.

Forrestania Resources has secured multiple gold tenements near Jaurdi Hill, significantly enlarging its Bonnie Vale Project area in Western Australia. The acquisition features a performance-linked payment structure and positions the company for accelerated exploration and development.

Forrestania Resources has signed a binding agreement to acquire the Lake Johnston Project, including a 1.5Mtpa processing plant, supported by a $34 million capital raise. This acquisition marks a pivotal step towards near-term gold production and a strategic shift from exploration to development.

Nexus Minerals reports robust one-metre assay results from Clement and Godfrey prospects, confirming significant gold mineralisation at Wallbrook. The Crusader-Templar Mine Development and Closure Plan has secured regulatory approval, paving the way for operational progress.

Ballard Mining reports strong progress on its Phase 1 infill drilling at the Baldock gold deposit, confirming high-grade gold intersections and advancing towards a maiden Ore Reserve by mid-2026.

Resolute Mining has announced an initial Mineral Resource Estimate at its La Debo Project in Côte d’Ivoire, revealing 643,000 ounces of contained gold, 60% higher than previous figures. This milestone underscores the company's growing footprint in West Africa and sets the stage for further exploration and development.

Lunnon Metals has updated its Lady Herial gold resource to 36,300 ounces at 2.0 g/t, securing Gold Fields’ approval and nearing regulatory green light for mining.

Recent drilling by Hastings Technology Metals at the Seven Leaders prospect confirms high-grade near-surface gold mineralisation, underpinning a maiden resource estimate. Metal Bank’s pending acquisition of the Whiteheads Gold Project signals a strategic shift toward gold production.