Latest Gold Exploration And Development News

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.

Prodigy Gold is progressing key regulatory approvals to restart mining at its Old Pirate gold mine, supported by encouraging ore sorting testwork that significantly upgrades gold grades and promises operational efficiencies.

Forrestania Resources has secured A$310 million through a two-tranche placement to fund the A$300 million acquisition of the Edna May Gold Hub from Ramelius Resources, advancing its dual processing hub strategy in Western Australia.

Tesoro Gold has accelerated its Definitive Feasibility Study and development readiness for the 1.82Moz Ternera deposit, forming strategic alliances and advancing financing plans.

Aureka Limited has completed a Concept Level Study for its Comstock Gold & Silver Project, selecting the Walkers Pit as the preferred site for a low capital, fast-start mining operation. The company has lodged a Prospecting Licence application and is advancing an infill drilling program to upgrade its 56,000-ounce inferred resource.

Great Boulder Resources has kicked off a major drilling campaign at its newly acquired Peak Hill Gold Project, aiming to rapidly expand a 481,000oz resource and fast-track capital-light production alongside its flagship Side Well project.

Matsa Resources has restructured its board and management team, appointing three new non-executive directors with deep technical and commercial expertise to support the expansion and development of its Lake Carey gold asset.

Nova Minerals has achieved gold recoveries exceeding 95% from low-grade Korbel ore using coarse particle flotation, producing concentrates up to 26.7 g/t Au. This breakthrough could cut costs and unlock more of the resource in its Alaska Estelle project.