Latest Australian Gold Projects News

Voltaic Strategic Resources has agreed to acquire five granted Western Australian exploration licences across three gold projects for A$330,000 upfront, with up to A$2 million tied to future Rocky Ridge resource milestones. The deal broadens the explorer’s gold pipeline, but the assets remain at the target-generation stage rather than being defined resources.

Western Gold Resources has expanded the Gold Duke resource and production target, but its annual report carries a material uncertainty over the company’s ability to continue as a going concern. The project still needs a processing pathway, heritage consultation and further funding before production can begin.

Arika Resources has consolidated full ownership of its two Western Australian gold projects after a year of expanding mineralisation and fresh high-grade targets. The exploration story is gathering momentum, but auditors have flagged material uncertainty around funding as the company moves into a more than 20,000-metre drilling campaign.

Dundas Minerals (ASX:DUN) posted a $5.05 million net loss for FY2026 while advancing its Western Australian gold projects and refreshing its leadership team.

Sarama Resources has issued 16.5 million Performance Share Units to its directors and CFO, linking incentives directly to key arbitration outcomes against the Government of Burkina Faso. Half of the awards vest on receipt of an arbitration ruling, and the rest on receipt of any award funds.

Hamelin Gold has locked in an $8 million placement backed by major shareholders to fast-track drilling at key Western Australian gold projects, including Day Dawn and Venus.

GoldArc Resources has delivered a standout 1m at 59.9 g/t gold intercept in the final round of grade control drilling at Mt Stirling Well, reinforcing the deposit's high-grade continuity and supporting mine planning.

Sarama Resources has offloaded its Cosmo and Mt Venn gold projects to Riedel Resources, securing a substantial equity stake while progressing a US$242 million arbitration claim against Burkina Faso.

First Au Limited is seeking shareholder approval for a 20:1 share consolidation aimed at simplifying its capital structure and aligning its share price with the company’s development stage.

Marmota Limited is ramping up its maiden drilling program at the Greenewood gold discovery in South Australia, increasing planned drilling from 20,000m to 26,000m to extend mineralisation and support a scoping study.

Arika Resources has completed the first tranche of a capital raising, issuing over 307 million shares to raise $5.85 million before costs, supporting ongoing exploration at its Western Australian gold projects.

Sinclair Gold has pushed gold mineralisation deeper at its Mt Henry project, with initial drilling results confirming significant extensions beyond the existing 915,000oz resource. Backed by a $30m placement and a royalty deal, the company is well-funded to continue its 50,000m drilling campaign.