Latest Green & Gold Minerals (ASX:GG1) News

Rare earths, scandium and biotech stocks led the week’s gains, while a rights issue sent Green & Gold Minerals sharply lower. Large capital raisings, mine funding and takeover activity kept resources at the centre of investor attention.

Critical minerals led the market, with Australasian Metals doubling after taking an option over West African lithium projects. Rare earth technology, scandium finance and gold drilling also drew attention, but many developers fell as investors questioned funding and delivery.

Green & Gold Minerals (ASX:GG1) is raising $3.2 million through a 1-for-2 renounceable rights issue priced at 10 cents per share to fund aggressive drilling programs targeting copper-silver-tin at Herberton and gold resource expansion at Chillagoe's Mt Wandoo.

Green & Gold Minerals posted a $886,828 loss for FY2026 amid a transformative year marked by its ASX listing and expansion into base metals exploration with the Herberton acquisition.

Green & Gold Minerals (ASX:GG1) has revealed significant copper, silver, and tin mineralisation at its Elizabeth Bluffs prospect within the Herberton Conductor Metals Project, supported by historic data and recent sampling. A 3,000m drill campaign at Mt Wandoo is set to commence in September 2026, aiming to extend high-grade gold-silver zones.

Small-cap materials shares produced some of the market’s biggest moves, led by a dramatic rise in Accent Resources and strong gains in gold and critical metals explorers.
Investors also weighed new project funding, drilling results, acquisitions and several steep falls after opening price gaps.

Green & Gold Minerals has delivered its first drill results at Copper Hills, surpassing historic grades with exceptional copper, silver, tin, indium, and zinc intercepts, confirming a significant hydrothermal system and expanding exploration potential.

Green & Gold Minerals has swiftly advanced exploration at its newly acquired Herberton Conductor Metals Project, delivering impressive rock chip assays and completing drilling campaigns, while its Chillagoe Gold Project benefits from nearby mill ownership and expanded drilling capacity.

Green & Gold Minerals (ASX: GG1) has secured a drill for equity deal with Centurion Drilling, enabling a 30% increase in drilling metres at its Herberton and Chillagoe projects without additional cash outlay.

Exploration wins and funding deals kept the materials sector busy, but price action was uneven. Big winners came from fresh drill results and new targets, while several stocks gave back early gains after trading resumed.

Green & Gold Minerals (ASX: GG1) has kicked off reverse circulation drilling at Copper Hills, following rock chip assays revealing extraordinary grades of silver, copper, tin, and indium across multiple prospects within its Herberton Conductor Metals Project.

Green & Gold Minerals has pinpointed high-grade copper, silver, tin, and indium mineralisation at two major targets in Queensland’s Herberton Conductor Metals Project, with drilling set to follow a May campaign at Copper Hills.