Latest Gold Exploration News

Hamelin Gold has reported an ultra-high-grade 2-metre interval grading 101.5 g/t gold from its Phase 2 drilling at Day Dawn, alongside extensions to the Aurora and Altus lodes. Further RC assays and diamond drilling results could provide the next test of how continuous and extensive the system is.

Metal Hawk has reported its strongest Leinster South drilling result to date, including 9 metres at 12.3g/t gold at the Numbat lode. A $1.2 million placement is funding further RC and diamond drilling, with the next assays due in November.

Vita Resources is positioning itself as a small, focused Australian and New Zealand gold explorer, with Ninnis in Western Australia and a new Otago pipeline forming the centrepiece. The company says New Zealand exploration is expected to begin in 2027, while its early-stage projects remain dependent on exploration success, funding and approvals.

Xpedra Resources has completed its first 31 Springfield RC holes with broad gold mineralisation now traced across 400 metres of strike and open at depth and along strike. A larger 4,000 to 5,000 metre drilling campaign is due to begin shortly, while the company has added the historic Neeld Gold Project to its NSW portfolio.

Falcon Metals has extended the Blue Moon mineralised system to 850 metres, with high-grade results from the Jasmine and Lotus zones and a fifth gold-bearing zone emerging. A A$30 million placement has left the explorer with A$38.1 million in cash to pursue drilling across Victoria and Western Australia.

Arika Resources has identified a previously unrecognised gold lode at its Kookynie project after drilling returned 19 metres at 7.99g/t gold, including 6 metres at 15.87g/t. The early-stage discovery sits above the historic Champion Main Reef and opens several follow-up targets along a 3km mineralised trend.

Avira Resources has completed its 4,234-metre Mt Cattlin drilling campaign, with assays still pending from first-pass holes at the historically high-grade Sirdar and Ellendale prospects. The exploration momentum comes alongside $860,000 in cash and an estimated 1.45 quarters of funding.

Resolution Minerals has confirmed at least 500 metres of open-ended gold mineralisation at Golden Gate North in Idaho, with two new holes returning more than 320 metres of downhole gold-bearing intervals. The results strengthen the geological picture, but true widths, economic significance and the ultimate scale of the system remain unresolved.

Marmota has extended the high-grade Greenewood gold system north and to depth, with mineralisation now traced across more than 2km of strike. The latest assays include 8 metres at 11.5 grams per tonne gold, although the results are still based mainly on initial 4-metre composites and do not yet establish a mineral resource.

Mount Hope Mining has completed 2,919 metres of Phase 3 drilling at Mt Solitary, with assays due early in the December quarter. The explorer also reported 98.4% indicative gold recovery from maiden metallurgy and ended September with $3.487 million in cash after a Ronin Metals-led placement.

Peregrine Gold has advanced a portfolio of Pilbara gold targets, from a 4km auriferous palaeogravel zone at Capricorn to high-grade rock-chip results at Pilgangoora North. A $2.25 million placement strengthens the near-term exploration program, although quarter-end cash covered less than one quarter of reported outgoings before the raising.

Augustus Minerals has reported its strongest Clifton East gold intersection to date while preparing more drilling at Music Well and advancing contested licence applications in Papua New Guinea. The exploration push comes with $0.77 million in cash and $879,000 spent during the September quarter.