Latest Gold Exploration News

Platina Resources has completed diamond drilling at its Xanadu Deeps gold target and is gearing up for further aircore drilling at Challa and Beete projects, maintaining a strong cash position of A$11.77 million.

Aurum Resources reports exceptional high-grade gold intercepts from its Boundiali and BM tenements, advances a 100,000m drilling campaign, and completes key tenement acquisitions to underpin a Pre-Feasibility Study in Côte d'Ivoire.

Asara Resources has raised $2.3 million to advance exploration at its flagship Kada Gold Project in Guinea, appointed Matthew Sharples as CEO, and awarded a major drilling contract to Capital Drilling Guinea-SA. The company also completed the sale of non-core Burkina Faso assets, signaling a sharpened focus on its core gold interests.

Javelin Minerals has wrapped up its inaugural drilling campaign at the Eureka Gold Project near Kalgoorlie, targeting resource expansion with assay results expected in early May. The company is advancing plans for near-term mining of a significant portion of its indicated resource.

eMetals Limited has completed initial field activities at its Busia Gold Project in Uganda, with soil and rock chip sampling underway and results pending. The company also reports ongoing exploration potential at its Mubende Gold Project and maintains a robust cash balance of nearly $3 million.

Sunshine Metals has launched a targeted reverse circulation drilling program at Liontown to upgrade shallow oxide gold and silver resources and advance metallurgical studies, aiming to fast-track development amid strong gold prices.

Venus Metals Corporation has initiated a targeted RC drilling program at its Sandstone Bellchambers Gold Project aiming to upgrade and expand its existing gold resource. The company is also advancing mining lease applications and negotiating potential sales agreements to position the project for future development.

Strata Minerals Limited reports encouraging results from its maiden drilling program at the Penny South Gold Project, revealing extensions of key mineralised structures and securing a government co-funded grant to advance deeper diamond drilling.

Arika Resources is set to recommence a significant 6,000m reverse circulation drilling program at its Yundamindra Gold Project, targeting extensions at Pennyweight Point and Landed at Last prospects following recent high-grade gold discoveries.

Sarama Resources has completed a large-scale soil geochemistry survey at its Cosmo Gold Project in Western Australia, marking the first systematic exploration phase on this underexplored gold belt. Analytical results from approximately 5,000 samples are now under review, setting the stage for potential drill targets.

Koonenberry Gold’s third diamond drillhole at the Enmore Project delivers a substantial 102m intercept averaging 1.10g/t gold, including a high-grade 9.7m zone at 3.57g/t, reinforcing the prospect’s broad and shallow gold mineralisation potential.

Far East Gold Ltd has advanced its exploration efforts in Indonesia with imminent drilling at Idenburg and Trenggalek, backed by a $4.78 million strategic investment from Xingye Gold, increasing their stake to nearly 20%.