Latest Australian Gold Projects News

Castle Minerals has advanced its West African gold exploration with extensive soil sampling and auger drilling, while strengthening its board and maintaining a solid cash position of approximately A$3 million.

Arika Resources has reported significant extensions to gold mineralisation at its Yundamindra Gold Project in WA, alongside a successful $5.7 million capital raising and strategic asset sale.

Gorilla Gold has restarted drilling at its Mulwarrie and Comet Vale projects in Western Australia, reporting significant high-grade gold assay results that extend mineralisation beyond the current resource estimate. The company is advancing studies to push Mulwarrie towards development amid a strong gold price environment.

Ordell Minerals has reported exceptional high-grade gold intersections at its Barimaia Gold Project, with drilling poised to restart in February targeting further extensions. Meanwhile, promising surface gold anomalies at the Goodia Project set the stage for upcoming exploration.

OzAurum Resources has lodged a key mining proposal for its Mulgabbie North Gold Project, outlining a low-capital, staged heap leach development with strong metallurgical recoveries and an owner-operator model to control costs amid record gold prices.

Waratah Minerals has kicked off an ambitious 80,000-metre drilling program at its Spur Gold Project, aiming to expand known gold zones and uncover new high-grade deposits. The campaign marks a pivotal step in realising the project’s multi-million-ounce potential.

Latitude 66 Limited reports wide, high-grade gold intersections at its Laverton Gold Project, confirming extensions and new discoveries at the Red Dog and Tin Dog prospects. The results validate a structural model and set the stage for rapid resource growth.

Golden State Mining Limited has appointed a new board and managing director, completed a $1.5 million capital raising, and is advancing exploration with a disciplined approach focused on its Western Australian gold projects.

Magnetic Resources NL reports promising diamond drilling results at its Lady Julie North 4 gold deposit, indicating potential to expand the current 1.94 million ounce resource with significant underground extensions.

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.