Latest Gold Exploration News

Oakajee Corporation’s recent auger drilling at its Paynes Find gold project yielded underwhelming results, prompting plans for a more invasive Aircore drilling program to better assess the region’s potential.

BMG Resources advances its gold exploration with ongoing drilling at Abercromby, promising near-surface high-grade results at Bullabulling, and strategic positioning near producing mines at Invincible.

Dundas Minerals has reported encouraging drilling results that expand gold mineralisation at its Baden-Powell deposit near Kalgoorlie, alongside promising first-pass Aircore drilling at the Olympia mining lease, signaling potential for resource growth.

Kalamazoo Resources progresses due diligence on its Ashburton Gold Project under De Grey’s $30 million option, reports significant metallurgical drilling intercepts, and raises $0.8 million post-quarter to support ongoing exploration.

Turaco Gold has confirmed a new gold discovery at its Baffia prospect and is poised to release an updated Mineral Resource Estimate for its flagship Afema Project, signaling significant resource growth potential.

Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% fall in sales revenue, yet the company maintains strong profitability and advances key climate initiatives including the Moomba CCS project.

Savannah Goldfields Limited reported a significant AUD 3.3 million cash outflow from operations in Q1 2025, leaving the company with only 2.34 quarters of funding available. The miner’s liquidity position and reliance on multiple loan facilities highlight ongoing financial pressures amid exploration activities.

Kula Gold has reported promising drilling outcomes at Mt Palmer and Mustang prospects, earned an 80% stake in Mt Palmer, and raised $1.39 million through a recent entitlement offer.

Redcastle Resources advances its Eastern Goldfields exploration with significant high-grade gold intercepts across three key prospects, setting the stage for upcoming resource estimates and development studies.

Asra Minerals has completed a comprehensive target generation exercise at its Leonora Gold Projects, identifying 26 priority drill-ready gold targets and securing regulatory approval to commence drilling in Q2 2025. The company also strengthened its balance sheet with a $3 million placement and asset sale proceeds.

Nexus Minerals reports breakthrough regional exploration success at its Wallbrook Gold Project with two new significant gold discoveries and expanded mineralisation footprints, while progressing mine studies and permit applications.

Mantle Minerals has identified four promising new drill targets at its Mount Berghaus project following a high-resolution gravity survey, while seeking government co-funding to advance exploration.