Latest Gold Exploration News

DeSoto Resources has secured A$14 million to advance drilling programs in Guinea’s prolific Siguiri Basin and Australia’s Northern Territory, backed by a strategic JV with Fortuna Mining Corp. Historic high-grade gold intercepts and a strong cash position set the stage for a pivotal exploration phase.

Benz Mining Corp. reports a landmark 79-metre intercept grading 4.4 grams per tonne gold at its Zone 126 prospect, marking the thickest high-grade hit to date at the Glenburgh Gold Project. The company is accelerating drilling and aligning management incentives with ambitious resource growth targets.

Waratah Minerals reports significant new gold assay results from diamond drilling at its Spur Gold Project, extending mineralisation down plunge by 150 metres and confirming high-grade zones within the Spur Gold Corridor. The company is ramping up drilling activity with five rigs to explore multiple targets.

Stavely Minerals has expanded shallow gold mineralisation at its Fairview North prospect to over 300 metres, revealing high-grade gold intervals and setting the stage for an imminent Phase 3 drilling campaign.

Yugo Metals has raised $3.5 million through a discounted placement to fund its first-ever diamond drilling program targeting gold anomalies at the Sinjakovo Project, with drilling set to commence in November 2025.

Aureka’s latest drilling at the Irvine Project in Victoria has intercepted visible gold across multiple holes, hinting at significant high-grade potential and the prospect of expanding its current inferred resource.

Ballard Mining’s latest exploration update reveals a surge in gold targets at its Mt Ida Project, with promising drilling results and a new mineralised trend boosting prospects ahead of a Maiden Ore Reserve in 2026.

Marmota Limited reports exceptional high-grade gold intersections from its maiden drilling program at the Greenewood discovery in South Australia, with detailed 1-metre assays underway to refine the promising results.

Yandal Resources has confirmed a significant new gold discovery at its Arrakis Prospect with broad mineralisation over a 2.2km strike. Diamond drilling is set to commence imminently to further define the system.

Marvel Gold has launched a comprehensive 5,400 line-kilometre drone-borne magnetic survey over its Hanang Gold Project in Tanzania, aiming to sharpen geological models and pinpoint new drilling targets.

Magmatic Resources has reported promising high-grade gold intersections from its maiden drilling at the Weebo Gold Project in Western Australia, confirming extensive shallow mineralisation and planning follow-up drilling to expand on these early successes.

Koonenberry Gold is set to embark on an aggressive 10,000-metre drilling campaign at its Enmore Gold Project in northeast NSW, aiming to expand promising high-grade gold mineralisation and explore new targets along the Sunnyside Shear Zone.