Latest Gold Exploration News

OzAurum Resources reveals that Line Hydrogen, the firm contracted for its Mulgabbie North Heap Leach Feasibility Study, has entered voluntary administration, casting uncertainty over the project’s progress.

Albion Resources has completed the sale of its Mongers Lake Project to Capricorn Metals for A$1.5 million, combining cash and shares, while positioning itself to accelerate exploration at its promising Yandal West Gold Project.

Lachlan Star and Cullen Resources report promising final assay results from the Killaloe Gold Project, revealing extensive shallow gold mineralisation and high-grade zones near the Duke Prospect. Plans are underway for a new drilling phase to further explore this under-explored Western Australian gold belt.

Benz Mining Corp. has raised A$30 million through a bought deal placement, enabling a significant ramp-up in drilling at its Glenburgh Gold Project in Western Australia. The company plans to deploy four rigs to explore both bulk tonnage and high-grade gold targets.

Marvel Gold Limited has secured all Tanzanian government approvals to complete its acquisition of Cobra Resources and is set to begin exploration at the Hanang Gold Project, a promising site in Tanzania's Iramba-Sekenke Greenstone Belt.

Strata Minerals has initiated its inaugural diamond drilling program at the Penny South Gold Project in Western Australia, supported by a co-funded deep drill hole from the WA Government. This marks a pivotal step in exploring extensions of gold mineralisation near the high-grade Penny Mine.

Saturn Metals has reported significant new high-grade gold intercepts at its Apollo Hill project, reinforcing the potential for resource growth beyond the current 2.24 million ounces. Ongoing drilling highlights expanding mineralisation at the Iris and Tefnut zones.

Duketon Mining’s inaugural drilling at the Killarney Gold Project reveals promising high-grade gold intercepts, setting the stage for further exploration and potential resource growth.

First Au Limited has successfully completed a two-tranche placement raising $1.56 million to fund its acquisition of the Nimba Gold Project and ongoing exploration activities.

Lachlan Star has received final assay results from its maiden drilling program at the Killaloe Gold Project, confirming extensive gold mineralisation and setting the stage for a new phase of deeper drilling.

Asra Minerals has initiated a 2,000-meter aircore drilling program targeting extensions of historic high-grade gold mineralisation at its Leonora South Gold Project in Western Australia.

Great Boulder Resources has identified multiple new gold targets at its Side Well project in Western Australia through a recent geophysical survey, setting the stage for accelerated drilling activity with a second rig arriving soon.