Latest Gold Exploration News

Sarama Resources has secured A$1.42 million through the first tranche of its A$1.5 million equity placement, with the second tranche involving director participation pending shareholder approval.

Pacific Resources (ASX: PXR) has secured full ownership of the Snowstorm Project in Victoria’s Eastern Goldfields for $400,000, gaining access to high-grade gold mineralisation and an approved underground bulk sampling program.

North Stawell Minerals (ASX:NSM) has reported promising aircore drilling results at its Darlington and Caledonia projects, revealing multiple gold intercepts that align with the historic Mariners Lodes near Stawell, Victoria.

Haranga Resources has wrapped up its Phase 3 Reverse Circulation drilling at Senegal’s Ibel South, revealing pervasive hydrothermal alteration and pyrite mineralisation consistent with a Birimian-style gold system. Assay results expected by end June will determine the next exploration steps.

Gorilla Gold Mines has reported a fresh wave of high-grade gold intercepts at its Sovereign Deposit, significantly extending the mineralised zone within its North Kalgoorlie Hub portfolio.

Marvel Gold has kicked off a 5,000-metre Reverse Circulation drilling campaign at its Hanang Gold Project in Tanzania, aiming to test high-priority structural gold targets with rapid PhotonAssay analysis.

Albion Resources has finalized its acquisition of the Gidgee Gold Project in Western Australia's Gum Creek Greenstone Belt and is gearing up for drilling after receiving soil sampling results.

Novo Resources Corp has closed Tranche 2 of its placement, raising approximately C$1.93 million and issuing options to joint lead managers and participants, while Northern Star retains a near 10% stake.

Tolu Minerals has revealed two new high-grade gold vein discoveries at its Tolukuma Gold Mine in Papua New Guinea, underpinning an ambitious near-mine drilling campaign aimed at boosting resource growth.

Taiton Resources has submitted 250 samples from its Yogi prospect drill core for assay, with results due in weeks, while preparing to launch soil sampling at Challenger West to sharpen gold exploration targets near the 1.2Moz Challenger Mine.

Golden Horse Minerals has revealed high-grade gold mineralisation extending over 3km at its Hopes Hill deposit, with recent drilling hitting standout intercepts including 12m at 7.0 g/t Au from 278m. The company is pressing ahead with an aggressive multi-rig 2026 drilling program to expand and refine the resource.

Xpedra Resources continues to hit broad, shallow gold zones at its Springfield Gold Deposit in NSW, with a standout 52-metre intercept at 1.35g/t gold reinforcing the project's scale and potential for expansion.