Latest Gold Exploration News

Alice Queen Limited’s latest drilling at the Viani Project in Fiji confirms high-grade epithermal gold mineralisation extending to 175 metres depth, prompting plans for further drilling and a capital raise to fund exploration.

Nex Metals Explorations Ltd reported steady progress on its Kookynie Tailings Project, completed capital raisings, and is exploring new gold opportunities overseas, signaling a strategic growth phase.

S2 Resources reported significant progress across its Australian and Finnish projects during the March 2025 quarter, completing key geophysical surveys and drilling programs while maintaining a solid cash balance of A$2.2 million.

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.

Zuleika Gold Limited has progressed its exploration strategy with a comprehensive targeting review ahead of planned 2025 drilling, while also securing favorable court rulings in ongoing litigation related to the K2 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.