Latest Gold News

Maritana Minerals has extended gold mineralisation beneath the planned Pit 4 floor at Boorara, with drilling still open at depth. The results could feed a larger resource and revised pit design, although assays, estimation and optimisation work remain ahead of a targeted mid-2027 restart.

Brightstar Resources says laboratory testwork across deposits representing about 80% of its Sandstone resource supports a conventional gravity and carbon-in-leach processing route, with average recoveries around 94%. The results provide the processing basis for the project’s pre-feasibility study, although Bull Oak and further variability testing remain outstanding.

Odyssey Gold’s latest drilling has added high-grade hits outside current resource boundaries and strengthened the case for a connected Cable-Bollard-Highway mineralised system at Tuckanarra. Preliminary fresh-rock testwork also returned recoveries of up to 99%, although the results remain exploration-stage and an updated resource is still to come.

Auric Mining has reported a 4-metre intersection grading 10.49 grams per tonne gold west of its planned Munda open pit, alongside a series of high-grade near-surface results inside the Stage 2 design. The results arrive as pit engineering and Ore Reserve work move towards an expected October release ahead of a planned 2027 mining restart.

Forrestania Resources has increased the British Hill JORC Mineral Resource Estimate by 21% to 212,400 ounces of gold, with higher-confidence Indicated ounces rising 37%. Drilling is continuing, but the project remains at the resource and study stage rather than production.

New Murchison Gold has added a maiden 21,000-ounce Ore Reserve at Cloudkicker while reporting a group Mineral Resource of 353,700 ounces. The update also places 150,400 ounces of underground resources beneath Crown Prince, but the reserve base remains relatively short-dated and dependent on continued drilling and operating performance.

Ausgold has secured an ASX waiver allowing 6,000,004 vested unlisted warrants to be cancelled without a separate shareholder vote if OceanaGold’s proposed takeover scheme becomes effective. The unexercised warrants would instead convert into Ausgold shares eligible to participate in the scheme.

Leeuwin Metals has confirmed gold across all 10 samples from historic tailings at its Marda Central project, averaging 0.596 g/t Au in the top metre. The result points to a potentially accessible processing opportunity, but the material remains well short of a defined resource or economic study.

Ballard Mining has lifted the Mt Ida Gold Project’s global Mineral Resource Estimate by 56% to 1.84 million ounces, led by a larger Baldock deposit and new regional resources. The increase gives the planned feasibility study a much larger technical base, although most of the resource remains Inferred and is not yet an Ore Reserve.

Capricorn Metals has completed its Karlawinda Expansion Project on schedule and achieved the targeted 6.5 million tonnes per annum throughput. The expanded operation is expected to produce about 150,000 ounces of gold annually, although the plant remains in its ramp-up phase.

Global Gold Mining has reported recoveries of up to 91.4% from metallurgical tests at its Sturec gold deposit in Slovakia, providing a useful processing input for the project’s pre-feasibility study. The result is encouraging, but the weaker 79.5% recovery from transitional material and the laboratory-scale nature of the work remain important qualifications.

Horizon Gold’s annual report presents Gum Creek as a potential 880,000-ounce gold operation, but flags a material uncertainty over its ability to continue without further funding. The company is targeting a Final Investment Decision in Q2 2027 and first gold in the second half of 2028.