Latest Gold Exploration And Development News

Reach Resources has locked in a fully funded mining and milling agreement with Andel Resources at Murchison South, alongside a 30% increase in its Blue Heaven gold resource to 80,000 ounces at higher grade.

Mount Hope Mining’s initial metallurgical tests at Mt Solitary reveal an exceptionally high gold recovery rate exceeding 98%, confirming the deposit’s amenability to straightforward processing and opening potential low-capital development routes.

Tanami Gold has secured $70.5 million through a fully underwritten rights issue to fund its Central Tanami Project development, including a major underground decline and resumed drilling at Jims Gold Mine.

Forrestania Resources has secured 41.74% of Zenith Minerals shares in its ongoing takeover bid, urging shareholders to accept amid no competing offers and strategic regional moves.

Astral Resources has delivered robust assay results from its ongoing in-fill drilling at the Theia deposit, underpinning a resource upgrade and further de-risking the early development phase of the Mandilla Gold Project near Kalgoorlie.

Novo Resources has lodged a comprehensive NI 43-101 technical report for the Leven Star Reef at its Belltopper Gold Project, outlining an inferred resource of 87,000 ounces gold within optimised underground stope shapes and highlighting the need for flotation processing due to refractory sulphide mineralisation.

Norwest Minerals has revised its Bulgera Gold Project resource to 191,000 ounces with 76% in the Indicated category and reported strong metallurgical recoveries supporting heap leach development. The company launched a partly underwritten $1.89 million entitlement offer to fund ongoing studies.

Flynn Gold has secured a key regulatory milestone by registering Mining Lease Application 6M/2026 over part of its Golden Ridge Project in northeast Tasmania, enabling accelerated development including resource drilling and environmental studies.

Adavale Resources has uncovered six additional near-mine gold prospects adjacent to its London-Victoria Gold Mine, strengthening its Parkes Thrust Project pipeline ahead of a resource update scheduled for September 2026.

Kingston Resources has closed its $8.47 million entitlement offer, raising less than half the targeted shares and leaving a substantial shortfall to be allocated by underwriters.

Ballard Mining’s June quarter at Mt Ida delivers promising high-grade gold intercepts and new discoveries, underpinning a robust resource growth strategy backed by a solid cash position.

PC Gold has significantly expanded its Spring Hill gold resource to 1.51 million ounces, unveiling a new high-grade Link Zone that could underpin a long-life mining operation in the Northern Territory.