Latest Gold Exploration News

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.

Novo Resources has outlined a strategic exploration plan for the second half of 2025, focusing on high-grade gold and antimony prospects in Western Australia's Pilbara region, with maiden drilling programs set to commence.

Dreadnought Resources has reported promising assay results from recent drilling at its Mangaroon Gold Project, confirming extensions of shallow, high-grade gold mineralisation and setting the stage for further exploration.

Lachlan Star and Cullen Resources report promising initial gold assay results from reconnaissance drilling at the Killaloe Project near Norseman, WA, highlighting new mineralised structures and potential for further discoveries.