Latest Australian Gold Projects News

Alicanto Minerals has acquired the Mt Henry Gold Project in Western Australia, adding a 0.9 million ounce gold resource and launching a $28 million placement to fund an aggressive 50,000m drilling campaign.

Falcon Metals has confirmed a significant 200-metre extension of high-grade gold mineralisation at its Blue Moon Project, with assays revealing up to 41.9g/t gold over 2.75 metres. This breakthrough validates the company’s geological model linking the Garden Gully line of reef to the prolific Bendigo Goldfield.

Sarama Resources has raised A$2.7 million to fund exploration at its Australian gold projects while progressing a significant arbitration claim against Burkina Faso for expropriation of its African permit.

Bastion Minerals has agreed to acquire the Ninnis Gold Project in Western Australia’s Northern Goldfields for $125,000 in shares plus a 1.5% royalty, marking a strategic move into a prolific gold region. The early-stage project shows promising geological similarities to major nearby deposits, with exploration set to begin immediately after completion.

Bastion Minerals advances its ICE Copper-Gold Project with a new geochemical exploration program and strategic board appointments, while preparing for a November capital raise to fund ongoing activities.

Austin Metals Limited has agreed to sell its Broken Hill assets, focusing on its Western Australian gold projects, while reporting encouraging drilling results at Mt Sandy and Ashburton.

Auravelle Metals reports exceptional high-grade gold results from its initial drilling at South Australia's Nuckulla Hill Project, alongside ongoing exploration efforts in Western Australia and a successful capital raise.

Latitude 66 Limited has completed the sale of its 17.5% interest in the Greater Duchess Joint Venture to Carnaby Resources, transforming its balance sheet to a debt-free position with $6.4 million in cash and shares. Meanwhile, promising exploration results at its Australian gold projects and a new cobalt processing agreement in Finland set the stage for growth.

Astral Resources reports robust exploration results across its Western Australian gold projects and key progress on the Mandilla Definitive Feasibility Study, alongside a new joint venture at the Think Big deposit.

Zenith Minerals has validated a large-scale gold system at its Red Mountain project and initiated its largest ever drilling campaign at Consolidated Dulcie, backed by a strong A$11.15 million capital raise.

Advance Metals has significantly expanded its precious metals footprint with the Guadalupe y Calvo acquisition, maiden drilling success at Yoquivo, and completion of the Gavilanes deal, backed by a $13 million capital raise.

Liberty Metals Limited has strategically pivoted into the critical minerals sector with a $2.5 million capital raise, new board appointments, and acquisition of three major Brazilian projects targeting rutile, ilmenite, zircon, and rare earths.