Latest Gold Exploration News

Mt Malcolm Mines NL has reported strong gold assay results from its recent drilling at the Golden Crown Prospect, confirming and extending high-grade mineralisation near surface. These findings bolster the project’s potential for near-term, low-impact mining operations.

Lunnon Metals has revealed significant gold assay results from both recent and historical drilling at its Cooee prospect, highlighting a promising new target within its Kambalda Gold & Nickel Project. These findings elevate Cooee to a high-priority status alongside established prospects in the Foster Gold Belt.

Marmota Limited has received ministerial approval for a 90% stake in the Golden Moon JV tenements, consolidating its hold on prime gold assets in South Australia’s Gawler Craton. This move strengthens its position alongside the Aurora Tank discovery, setting the stage for expanded exploration and potential low-cost gold production.

Patronus Resources has announced a maiden JORC 2012 Exploration Target for its Merlin Prospect within the Cardinia Gold Project, estimating up to 500,000 ounces of gold. Recent drilling results highlight broad, shallow gold mineralisation, with further work planned to expand this promising discovery.

Sipa Resources has secured key environmental approvals to begin drilling at its newly acquired South Australian gold projects, signaling a major step forward in its exploration plans.

Olympio Metals has begun diamond core drilling at its promising Bousquet Gold Project in Quebec, targeting high-grade gold zones along the renowned Cadillac Break. The initial 2,400m program aims to unlock extensions at Paquin and Decoeur prospects ahead of a larger 10,000m campaign.

Hamelin Gold has completed the second tranche of its share placement, issuing new shares to directors and granting options to lead managers, signaling strong backing ahead of its exploration ambitions.

North Stawell Minerals Ltd (ASX – NSM) has opened a $2.1 million non-renounceable entitlement offer to fund key gold exploration projects in Victoria. This follows a $1.5 million placement, together raising $3.6 million to advance drilling and development.

Saturn Metals reports strong high-grade gold drilling results at Apollo Hill, reinforcing its 2.03 million ounce resource and setting the stage for a resource upgrade and feasibility studies later this year.

Riedel Resources launches a $1.3 million capital raise through a two-tranche placement and a Share Purchase Plan to advance its high-grade Kingman Gold Project in Arizona.

Odyssey Gold Commitments Limited has secured $4 million through a share placement to accelerate drilling and development at its Tuckanarra Gold Project, aiming to unlock near-term production potential.

Advance Metals has resumed diamond drilling at the high-grade Happy Valley Prospect within its Myrtleford Project, targeting extensions of previously exceptional gold intersections. The new program aims to build on earlier successes and expand the known mineralisation footprint.