Latest Gold Exploration News

Pacgold has confirmed new shallow gold mineralisation at its Vertigo deposit within the White Dam Project, suggesting a potential increase to its Mineral Resource Estimate. Infill drilling results support upgrading resource confidence, with further drilling planned to refine the resource and support mine planning.

Accelerate Resources has unveiled a significant new shallow gold discovery at its Balagundi project, defining a 300m mineralised strike at Spencers Prospect and setting the stage for imminent RC drilling.

Lunnon Metals has delivered significant gold intercepts at its Paringa West prospect, including visible gold in reverse circulation chips for the first time, reinforcing the potential of the Paringa Gold Belt near its Lady Herial mine. Meanwhile, a second government co-funded drill hole is underway at the Plentiful prospect to better define host rock structures.

Aurum Resources has delivered robust drilling results from the BDT2 deposit at its Boundiali Gold Project, confirming significant resource growth potential and underpinning its development timeline with a strong financial position.

Hamelin Gold has been granted the Day Dawn exploration licence near the Telfer mine and secured a $180,000 co-funded drilling grant, setting the stage for a significant 3,000 metre RC drilling program targeting high-grade gold mineralisation.

Helix Resources pushes back against Canex Metals' challenge to its Gold Basin joint venture, affirming compliance with agreements and regulatory standards despite ongoing takeover tensions.

Alice Queen Limited (ASX:AQX) has initiated a partially underwritten rights issue aiming to raise up to $5.77 million, with substantial shareholder Gage Resource Development committed to maintaining control. The funds will primarily support further drilling and project development at Horn Island.

Scorpion Minerals has unveiled an Exploration Target of up to 3 million tonnes grading 1.5 to 2.0 g/t Au at its Old Prospect gold zone in Western Australia's Murchison region, building on an existing 21,600-ounce JORC resource with significant upside potential.

TG Metals targets a potential doubling of its laterite gold resources at Van Uden, advancing heap leach project designs and awaiting drilling approvals.

Mt Malcolm Mines NL has revised its rights issue, lowering the price to $0.007 per share and adjusting the offer ratio to raise $1.81 million. The funds will support a processing plant feasibility study and advance exploration at its Leonora projects.

Caprice Resources has struck a remarkable new high-grade gold zone near surface at its Island Gold Project, revealing a 22m intercept averaging 66.2 g/t gold parallel to the established Vadrians lode, signalling a potentially multi-lode system.

Dreadnought Resources has launched a comprehensive target definition program at its Mangaroon Gold Project, deploying soil sampling and a gradient array induced polarization survey to pinpoint new drill targets ahead of discovery-focused drilling later this year.