Latest Gold Exploration And Development News

Aurumin Limited has entered a scheme implementation deed with Brightstar Resources for a full acquisition, while raising $6 million from non-core asset sales to fund exploration at its Sandstone Gold Project.

OzAurum Resources reports significant high-grade gold intercepts at its Mulgabbie North project and regains full control of its feasibility study, positioning the company to accelerate development amid record gold prices.

GBM Resources has launched a major drilling campaign at its Twin Hills gold project and raised A$40 million to fund exploration and development across its Drummond Basin portfolio.

Turaco Gold has significantly expanded its Afema Project gold resource to 4.06 million ounces, driven by high-grade discoveries at multiple deposits and a strong financial position supporting ongoing development.

Barton Gold Holdings has advanced its South Australian gold assets with key drilling upgrades, a low-cost mill restart feasibility study, and a $15 million equity placement led by Franklin Templeton. The company is poised to transition from explorer to producer by late 2026.

Flagship Minerals has secured a valuable historical dataset from Anglo, significantly advancing its Pantanillo Gold Project towards feasibility and construction, supported by a strategic EPC partnership and a recent $4 million capital raise.

Geopacific Resources advances its Woodlark Gold Project with promising drilling results at Kamwak and a crucial mining lease extension, while strengthening strategic partnerships and progressing its feasibility study.

Astral Resources reports robust exploration results across its Western Australian gold projects and key progress on the Mandilla Definitive Feasibility Study, alongside a new joint venture at the Think Big deposit.

Gorilla Gold reports a dramatic 340% increase in its Mulwarrie gold resource and ongoing high-grade discoveries at Comet Vale, backed by a $31.7 million capital raise to fuel further exploration.

Besra Gold Inc has updated its Bau Gold Project resource to 2.28 million ounces and is intensifying efforts to renew a critical mining lease, signaling a strategic reset for the company.

Redcastle Resources has formed a strategic joint venture with BML Ventures to fast-track gold production at its Queen Alexandra and Redcastle Reef deposits, while expanding its Eastern Goldfields footprint through major tenement acquisitions.

Reach Resources has made significant progress at its Murchison South Gold Project, confirming high gold recovery rates and preparing for an extensive drilling campaign to upgrade resource confidence.