Latest Australian Gold Projects News

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.

Metal Bank is pushing its Western Australian gold projects closer to production while expanding critical minerals exploration in Queensland, supported by a $1.2 million placement.

Sarama Resources has offloaded its Western Australian gold projects to Riedel Resources for A$3.2 million in cash and shares, securing a substantial equity stake and executive influence in the buyer while limiting shareholder dilution amid its arbitration claim.

Turaco Gold has appointed Warren King as Project Development Director to lead the Afema Project through its Definitive Feasibility Study and into construction, leveraging his extensive experience in African and Australian gold projects.

Arika Resources is mobilising for its biggest ever drilling push, with a 20,000-metre program focusing on high-grade extensions and new targets at its Western Australian gold projects.

North Stawell Minerals (ASX:NSM) has uncovered promising extensions to gold mineralisation at its Caledonia Prospect through a detailed 412-sample surface geochemistry program, highlighting untested anomalies and reinforcing the site’s high-grade potential.