Latest Gold Exploration News

Metal Hawk is restarting drilling at the Numbat lode after its best Leinster South result to date, with up to 10 RC holes planned and diamond drilling scheduled for November. The deeper campaign will be supported by up to $175,000 in Western Australian Government co-funding.

Benz Mining’s quarterly loss widened sharply as exploration spending surged at its Western Australian projects, but a subsequent C$148.02 million placement has given the company substantial funding to accelerate Glenburgh drilling. The project’s 10.1-12.0 million ounce Exploration Target remains conceptual rather than a Mineral Resource.

Cullen Resources has confirmed shallow gold, silver and copper anomalies at its Lila and Cleanthes prospects in Western Australia, including a 1m result grading 2.42 g/t gold with 2,610 ppm copper. The reconnaissance results support deeper follow-up drilling, but stop well short of defining a mineral resource or economic discovery.

Kalgoorlie Gold Mining has secured A$2.3 million through a placement and launched a fully underwritten A$1.1 million entitlement offer to fund exploration at its Pinjin Gold Project. The capital will target new drilling at the Lighthorse discovery, where earlier assays included high-grade gold within broader mineralised intervals.

Auris Minerals has identified potential strike extensions to gold mineralisation at Jacques East and returned further anomalous results at Frenchys South from 22 air core holes. The more decisive test now shifts to more than 100 one-metre samples intended to reveal whether the composite grades conceal higher-grade, nuggety zones.

Nelson Resources is selling its Woodline and Fortnum exploration projects for up to $1.09 million, including $690,000 in stated cash consideration and contingent Woodline payments. The divestments are intended to sharpen the company’s focus on Gold Point in Nevada and other priority assets.

Falcon Metals has confirmed high-grade gold and visible gold across a 750-metre strike at the Lotus Zone, including intercepts of up to 64.0g/t. The result keeps Blue Moon open to the north, while three diamond rigs continue testing the broader Bendigo-style system.

Elk Range Mining has identified coarse visible gold in retained historical core from its Friday Gold Project in Idaho, inside an interval previously reported at 26.54 g/t gold. The observation is encouraging but not an assay result, leaving Photon Assay results and current drilling assays as the decisive tests.

PLC Resources has started an approximately 2,400-metre RC drilling program at Rochefort, testing whether early gold anomalism marks the edge of a larger system. The eight-hole campaign is expected to produce first assays in four to six weeks, but the company cautions that its larger-system interpretation remains conceptual.

Gorilla Gold Mines has lifted its reported Mineral Resource to approximately 2.0Moz of gold after a year of intensive Western Australian drilling. The gain comes with strong exploration momentum, but the company remains pre-revenue and expects to seek further funding.

North Stawell Minerals has used a conference presentation to position Darlington and Darlington West as its leading tests of the Stawell gold model, while outlining a broader Victorian exploration pipeline. The company stresses that the drilling results and resource figures presented have been previously reported, making follow-up work rather than a fresh discovery the key investor question.

CGN Resources has intersected gold at three of four targets in its maiden Christmas Well RC program, with Rocky Mountain Oyster returning the strongest result in fresh rock. The early-stage campaign supports follow-up drilling, but does not yet establish a mineral resource or confirm true widths.