Latest Australian Gold Sector News

Brightstar Resources is on track to deliver 75,000 ounces per annum from its Goldfields hub by mid-2027, backed by a new processing plant and strong project economics, while progressing its Sandstone project toward a Tier-1 development with a 2.9 million ounce resource.

Lunnon Metals reports a 20% increase in gold ounces at its Hustler deposit, now 36,200 ounces, with plans to integrate mining alongside Lady Herial. Ongoing studies and strong infrastructure underpin a promising path to production.

Tanami Gold has secured $70.5 million through a fully underwritten rights issue to fund its Central Tanami Project development, including a major underground decline and resumed drilling at Jims Gold Mine.

Matsa Resources has restructured its board and management team, appointing three new non-executive directors with deep technical and commercial expertise to support the expansion and development of its Lake Carey gold asset.

Benz Mining has unveiled a maiden Exploration Target for its Glenburgh Gold Project, estimating up to 12 million ounces of gold largely defined by drilling. The project’s scale and geological setting support ambitions for a world-class gold system, with aggressive drilling planned to convert the target into a Mineral Resource by 2027.

Benz Mining reports strong metallurgical test results from the Icon deposit, showing up to 95.5% gold extraction within 24 hours and potential for broader mineralised halo to contribute to mill feed.

Avenira Limited has approved a $2.6 million budget to kickstart a comprehensive drilling and sampling campaign at its Jundee South Gold Project in Western Australia, aiming to unlock new gold targets within the prolific Yandal-Wiluna province.

Barton Gold has raised $25.5 million through an institutional placement, fully funding critical feasibility studies and resource upgrades across its Challenger, Tunkillia, and Tolmer projects in South Australia.

Cazaly Resources has delivered upgraded assay results confirming high-grade gold mineralisation extending beyond 200m depth at the Goongarrie Gold Project, with multiple shoots open at depth and along strike.

S2 Resources has confirmed and expanded a broad corridor of gold and multielement soil anomalies north of the historic Wedderburn gold field, highlighting intrusion-related mineralisation potential at its Yeungroon project.

Duketon Mining has wrapped up its maiden drilling campaign at Barlee, extending the program beyond 6,000 metres across eight prospects, while exercising its option to acquire the Killarney Gold Project. Assay results from Barlee are expected within six weeks, with Boodanoo drilling returning no significant gold.

Brightstar Resources has secured full funding for its Goldfields Project, targeting 75,000oz gold production annually from mid-2027, while advancing the Sandstone Project towards a potential Tier-1 development with production aimed for 2029.