Latest Asx Gold News

Pilbara Gold’s latest drilling has extended broad gold mineralisation as much as 200 metres below parts of its 2.1Moz Mt York resource, strengthening the case for an updated estimate ahead of a prefeasibility study. Roe Hills has also produced wide, high-grade hits, but both growth stories still depend on further drilling, assays and resource modelling.

Barton Gold has more than doubled the reported Challenger underground resource to 230koz of gold at 3.65 g/t, lifting its combined Challenger and Tarcoola resource base to about 400koz. The upgrade strengthens the case for a restart built around the permitted Central Gawler Mill, although most of the new underground ounces remain Inferred and are not Ore Reserves.

Carnavale Resources has completed a bankable feasibility study for its Kookynie Gold Project, outlining an 18-month open-pit operation with A$104 million in pre-tax free cash flow at a A$6,000/oz gold price. The project now has a maiden 35.6koz Ore Reserve, but still needs funding, approvals and a third-party processing deal before construction can begin.

Wia Gold has extended several underground targets at Kokoseb after 18,476 metres of diamond drilling returned broad and high-grade gold intercepts. The results strengthen the geological case for growth beyond the project’s maiden 0.56 million ounce underground inferred resource, although the larger exploration target remains conceptual.

Aureka’s inferred gold resources climbed to 454.8koz in FY2026 as the company moved closer to production through a proposed acquisition of the Fiddlers Creek mine and Wedderburn mill. The shift comes with a $5.75 million annual loss, $5.97 million operating cash outflow and further equity funding.

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.

Rox Resources has reported multiple high-grade underground gold intercepts at Youanmi’s United North area, including 10.30m at 12.46g/t. Ore drives on two levels have also extended about 125m beyond the existing DFS mine plan, with production stoping preparations now underway.

Northern Star Resources (ASX:NST) posted a 24% rise in net profit to A$1.66 billion for FY26, declaring a fully franked 30 cent final dividend and advancing its KCGM mill expansion into commissioning.

Clara Resources (ASX:C7A) sharpened its exploration focus on the Mareeba Gold Project, unveiling seven new targets from a LiDAR survey and expanding its tenure by 111 km². The company also refreshed its leadership and bolstered its cash position through a $1.13 million equity raise.

Lux Copper Corp. Ltd reported a modest loss in its inaugural financial period while acquiring two Alaskan copper projects and preparing for a public listing with fresh leadership appointments.

St Barbara Limited has secured final investment decisions for its New Simberi expansion in Papua New Guinea and the Touquoy Restart in Nova Scotia, targeting a production surge exceeding 200% over the next four years.

Haranga Resources has delivered a maiden JORC Mineral Resource Estimate of 402,000 ounces at 5.1 g/t gold from its Lincoln Gold Project in California, underpinning rapid restart plans backed by $90 million in existing infrastructure.