Latest Gold Exploration News

Rox Resources has advanced its Youanmi Gold Project with a $27 million capital raise and a major drilling campaign, positioning the company for production by late 2025.

Platina Resources reports promising gold mineralisation at its Challa Gold Project and secures a government grant to fund deep drilling at Xanadu, maintaining a strong cash position of $12.3 million.

Pacgold Limited reports promising high-grade gold anomalies from a major aircore drilling campaign at its Alice River Gold Project, alongside strategic board appointments and a successful Share Purchase Plan to fuel further exploration.

Lunnon Metals has confirmed high-grade, near-surface gold mineralisation at its Lady Herial prospect and secured a strong cash position of $19.5 million, setting the stage for expanded exploration in 2025.

Discovery Alaska Limited is actively assessing new project opportunities and reviewing strategies for its key Alaskan gold assets, while maintaining cautious financial management with limited cash reserves.

Javelin Minerals has completed Phase 1 drilling at its Coogee Gold Project with assay results pending, while finalizing the acquisition of the Eureka Gold Project and preparing for further drilling in early 2025.

Turaco Gold's maiden drilling at the Baffia Prospect within the Afema Project reveals significant gold mineralisation, reinforcing the project's growth potential beyond its existing 2.52Moz resource.

Bubalus Resources has appointed Brendan Borg as Managing Director, positioning the company to accelerate exploration at its Victorian Gold Projects amid a buoyant gold market.

Iceni Gold Limited reports significant expansion of the Guyer gold anomaly at its 14 Mile Well Project, unveiling robust gold mineralisation across a broad footprint. The company prepares for a major reverse circulation drilling campaign backed by Gold Road Resources.

West African Resources Limited reported a robust cash position of A$391.7 million at the end of December 2024, despite significant outflows driven by exploration and operational costs. The company maintains substantial financing facilities, positioning it well for ongoing development.

Augustus Minerals has reported exceptional high-grade gold assays up to 50.3g/t Au from rock chips at its Clifton East prospect within the Music Well project, reinforcing the area’s significant exploration potential. The company is advancing geological mapping and planning drilling, supported by an AI-driven targeting study due in Q1 2025.

Golden State Mining's December Quarterly Report reveals promising exploration progress with three new gold target areas identified near the 11.2Moz Hemi deposit, alongside encouraging assay results from Canning Hill and planned drilling at Southern Cross East.