Latest Gold Exploration News

Geopacific Resources has reported impressive high-grade gold assay results from surface auger sampling at its Woodlark Gold Project, extending known mineralisation and setting the stage for a substantial 30,000-metre drilling campaign.

Prodigy Gold NL has launched a partially underwritten entitlement offer to raise up to $6.35 million, aiming to accelerate exploration and development across its key Tanami gold projects. Major shareholders APAC Resources and Plutus Prospecting are backing the raise, with potential board changes on the horizon.

Classic Minerals Limited has issued a prospectus for a nominal share offer aimed at removing trading restrictions on placement shares issued to creditors, while navigating significant financial challenges and ongoing litigation over key tenements.

Koonenberry Gold has reported significant assay results from its fifth drill hole at the Enmore Project, confirming extended gold mineralisation and bolstering confidence in a large bulk tonnage system.

West Cobar Metals has completed its acquisition of the Mystique Project in Western Australia’s Fraser Range, unlocking immediate drilling targets supported by exceptional nearby gold intercepts.

Gorilla Gold has expanded the King Kong gold lode at its Lakeview Prospect by 100 metres down dip and identified several new parallel mineralised structures through soil geochemistry, setting the stage for intensified drilling at Comet Vale.

Astral Resources has reported compelling high-grade gold assay results from in-fill drilling at its Kamperman Deposit, reinforcing the potential of its Feysville Gold Project near Kalgoorlie. Concurrently, regional air-core drilling has unveiled new gold anomalism zones, setting the stage for further exploration.

St Barbara Limited reports significant extensions of gold anomalies on Southwest Tatau Island, PNG, with rock chip samples hitting up to 22.5 ppm gold and soil anomalies now spanning 7.3 square kilometres, rivaling nearby Simberi Island.

Scorpion Minerals has completed key pre-drilling exploration at its Pharos Gold Project in WA’s Murchison region and is set to begin a targeted RC drilling campaign testing multiple high-grade gold zones.

Desert Metals has confirmed several high-priority gold targets at its King Kong prospect in Côte d’Ivoire following extensive geophysical and auger sampling programs. A significant +5,000m diamond drilling campaign is set to begin in June 2025 to test these promising zones.

Caprice Resources has raised $7 million through a discounted share placement led by major Australian institutions, positioning the company to accelerate exploration at its Murchison Gold Projects and West Arunta Project.

Far East Gold has commenced a 36-hole diamond drilling program at its Idenburg Gold Project in Papua, aiming to expand its current 540,000oz inferred resource and validate a multi-million-ounce exploration target.