Latest Gold Exploration News

AuMEGA Metals Limited is advancing its exploration programs across multiple projects in Newfoundland, backed by a strong capital position and an experienced management team. The company is focused on expanding its mineral resources and uncovering new deposits in a region gaining attention as a new mining district.

AuMEGA Metals has launched an ambitious diamond drilling program at its Cape Ray and Bunker Hill projects in Newfoundland, revealing encouraging early gold results that hint at a larger mineralised system.

Zenith Minerals has secured a binding agreement to sell its 20% stake in Turkey’s Kavaklitepe Gold Project for US$543,000, marking a strategic shift to focus on its Australian gold assets.

Premier1 Lithium has reported promising high-grade gold mineralisation from maiden drilling at its Yalgoo and Abbotts North projects in Western Australia, highlighting significant exploration upside across extensive greenstone belts.

Great Boulder Resources has reported significant drilling results at its Side Well Gold Project, extending the Eaglehawk deposit by 200 metres and confirming new gold mineralisation at Side Well South. Ongoing exploration and a forthcoming Ironbark scoping study highlight the project's growth potential.

Lion Selection Group has committed $1 million to Koonenberry Gold’s $5 million placement, increasing its stake to nearly 7% following promising gold discoveries at the Enmore project.

Koonenberry Gold has raised $5 million through a strategic placement to accelerate extensive drilling at its Enmore project and continue exploration in the Lachlan region.

Askari Metals has completed due diligence on its acquisition of the Adola Greenstone Belt Gold Projects in Ethiopia, positioning itself for growth in a prolific but underexplored gold region.

Kali Metals has expanded its Marble Bar Gold Project by acquiring a strategic tenement adjacent to a significant gold-in-soil anomaly, increasing its project area to approximately 96 square kilometres. The acquisition enhances exploration continuity and efficiency amid rising gold prices.

Raiden Resources has increased its ownership in the Vuzel Gold Project from 51% to 75%, marking a key milestone driven by promising near-surface and high-grade gold discoveries. The company eyes further ownership gains as drilling continues.

Far Northern Resources has reported promising Phase 1 drilling results at its Bridge Creek gold project, revealing significant gold grades and extending mineralisation footprints both north and south of the current resource. The company awaits further assay results to refine future drilling plans.

Golden Horse Minerals reports outstanding initial metallurgical test results from its Hopes Hill gold project, with average gold recoveries nearing 97%, signaling strong processing potential.