Latest Gold Exploration And Development News

Odyssey Gold has lifted the Cable Deposit resource at Tuckanarra to 158,000 ounces of gold, with a significant upgrade in confidence ahead of its Stage 1 Scoping Study, underpinning its development ambitions in Western Australia’s Murchison Goldfields.

Kalamazoo Resources has completed a substantial drilling program at its Mt Olympus deposit, delivering high-grade gold intersections that bolster confidence ahead of an updated Mineral Resource Estimate and ongoing Pre-Feasibility Study.

Torque Metals has significantly expanded its Paris Gold Project resource, reporting a 67% jump in contained gold ounces to 253,000 oz at a robust 3.8 g/t grade, underpinning an aggressive growth strategy targeting a million-ounce resource within two years.

Hammer Metals has received a non-binding proposal from Austral Resources to acquire 100% of its shares via a scheme, coupled with a demerger of its WA gold assets into a separate entity valued at 8.7 cents per share.

GoldArc Resources has recorded its best grade control drilling results yet at the Mt Stirling Well deposit, reinforcing its resource model and advancing mine planning towards regulatory approval for mining commencement.

Odyssey Gold’s latest drilling at its Cable deposit within the Tuckanarra Project confirms high-grade gold continuity and resource expansion potential, underpinning its staged development strategy.

TG Metals is progressing a scoping study for a heap leach operation at Van Uden, highlighting a higher grade initial production phase and strong metallurgical recoveries that could underpin near-term gold output.

Barton Gold’s latest Phase 2 drilling at Tunkillia delivers broad, high-grade gold intersections in the southern Area 223 open pit, reinforcing the project’s strong economic potential ahead of a planned Pre-Feasibility Study completion in early 2027.

Kingston Resources has launched a fully underwritten $8.47 million rights issue priced at 3.5 cents per share to support a major drilling campaign and plant expansion at its Mineral Hill project.

EMC Gold appoints Agne Ahlenius as CEO, reinforcing its strategic pivot to Spain with leadership focused on advancing the Salave Gold Project’s permitting and stakeholder engagement.

Riversgold has been granted a 21-year mining lease for its Northern Zone Gold Project near Kalgoorlie, clearing a major hurdle for development and triggering full funding from Mega Resources under a profit-sharing agreement.

Metal Bank has secured $1.2 million through a placement at a 30% premium, enabling accelerated development at its Seven Leaders deposit and advancing gold projects at Livingstone.