Latest Gold Exploration News

Sunshine Metals has initiated a 14-hole diamond drilling campaign at its Sybil Epithermal Gold Project, targeting key high-grade veins at Francis Creek. This marks a significant step in unlocking the potential of a largely underexplored gold system analogous to the nearby Pajingo mine.

Hammer Metals has intersected visible gold just south of the historic Bronzewing Mine boundary, marking a promising breakthrough in its Bronzewing South exploration program. Assay results are expected by mid-September, potentially unlocking a significant new gold zone adjacent to a world-class deposit.

Asra Minerals confirms multiple high-grade, near-surface gold intercepts at its Leonora South Gold Project, setting the stage for a maiden resource estimate and further exploration.

Castle Minerals has initiated a focused auger drilling campaign at its Kandia Gold Project in Ghana, aiming to extend known mineralised zones and explore new targets identified through advanced aeromagnetic data. The company also plans a similar campaign at Kpali and is pursuing a strategic acquisition in Côte d’Ivoire to broaden its West African footprint.

Far East Gold has identified 14 new high-priority exploration targets at its Idenburg Project in Indonesia, doubling the total to 29 and significantly expanding its discovery scope in a prolific mining region.

Nexus Minerals reports standout one-metre gold assay results up to 30.05 g/t at its Payns Prospect, part of the Wallbrook Gold Project, and launches a new 6,000-metre drilling campaign targeting nearby prospects.

Western Yilgarn Limited has identified seven promising gold exploration targets within its Gascoyne Gold Project, located just 8.7km from Benz Mining’s Glenburgh deposit in Western Australia. The findings stem from a detailed geophysical review highlighting structural and magnetic features analogous to the nearby gold system.

Golden State Mining has raised $1.5 million through a strategic share placement to fund its gold exploration projects and potential acquisitions, alongside notable board changes signaling a new chapter for the company.

Uvre Limited is set to begin its inaugural diamond drilling program at the Waitekauri Gold Project in New Zealand, targeting historically high-grade gold zones near major deposits. The 3,000m program aims to unlock the resource potential of the Jubilee prospect and newly identified epithermal structures.

Lion Selection Group has committed $1 million to Sunshine Metals, increasing its stake to 9.2% as Sunshine advances promising high-grade gold projects in North Queensland.

Lightning Minerals is set to commence a significant diamond drilling program targeting high-grade gold zones at its newly acquired Mt Turner project in Queensland, aiming to unlock deeper mineralisation along the Drummer Fault.

Horizon Gold has successfully completed its renounceable entitlement issue, raising nearly $7 million including a full shortfall placement, positioning the company for further development at its Gum Creek Gold Project.