Latest Gold Exploration News

New Murchison Gold Limited has confirmed ultra-high-grade gold mineralisation at unprecedented depths below its Crown Prince open pit project, signalling strong underground potential. The latest diamond drilling results include a staggering 0.28m at 17,240 g/t gold, reshaping the project's future development outlook.

Torque Metals has identified two new parallel gold lodes at its Paris Gold Project, expanding its resource potential, while progressing a strategic all-scrip merger with Aston Minerals that promises to strengthen its exploration portfolio.

Traka Resources has made a strategic leap into West Africa with a joint venture on the Didi Gold Project in Guinea, positioning itself near AngloGold Ashanti’s prolific Siguiri Mine. The company plans targeted drilling next quarter while maintaining its Australian exploration assets.

James Bay Minerals reports a maiden JORC Mineral Resource Estimate of approximately 1.7 million ounces gold equivalent at its Independence Gold Project in Nevada, alongside the start of metallurgical testing and a new drilling campaign targeting resource growth.

APC Minerals has completed a significant 2,628m drilling program at its Laverton Downs Gold Project and successfully raised $1.93 million through a fully underwritten entitlement offer, while streamlining its Lake Wells tenure to reduce holding costs.

Desert Metals Limited has advanced its gold exploration in Côte d'Ivoire with extensive drilling programs at Tengrela South and Adzope, supported by a recent $3.25 million placement to fund ongoing activities.

Iceni Gold Limited reports promising gold mineralisation from its maiden RC drilling at the Guyer Trend, supported by ongoing diamond drilling and geophysical surveys under a $35 million farm-in with Gold Road Resources.

Forrestania Resources delivered strong high-grade gold drilling results at Ada Ann and Lady Lila, while exercising key options to broaden its exploration footprint in Western Australia.

Siren Gold has committed to a second deep diamond drillhole at its Sams Creek Project, targeting promising gold mineralisation below the current resource. This move could significantly expand the project’s Mineral Resource Estimate amid rising gold prices.

Horizon Minerals reported a significant A$7.48 million cash outflow for the March quarter, ending with just under A$6 million in cash and securing a US$5 million convertible loan to bolster liquidity.

Hamelin Gold Limited advances its Western Australia gold exploration with co-funded drilling programs at Fremlins South and Jazz prospects, while completing a significant $2.8 million capital raise to fuel further activity.

Yandal Resources reports encouraging RC drilling results at its Arrakis Prospect within the Caladan target area, confirming mineralisation continuity and multiple structures. A large-scale 12,500m air-core drilling program is set to commence in May 2025, targeting an 8km by 3km fold structure with geological parallels to major gold districts.