Latest Australian Mining Sector News

Waratah Minerals has reported multiple shallow, high-grade gold intersections at its Spur Gold Zone in New South Wales, confirming continuity over 300m strike and 350m depth. The drilling expands the mineralised footprint, advancing the project towards a shallow resource estimate.

Tartana Minerals has locked in a $5.18 million placement with Chinese mining giant Xingye Gold at a striking 165% premium to its last traded price, setting the stage for accelerated exploration and a new strategic partnership.

Southern Cross Gold’s first deep drilling beneath Victoria’s historic Redcastle Goldfield has returned multiple high-grade gold and antimony hits, confirming the presence of Costerfield-style mineralization over a significant vertical extent.

Antipa Minerals has pushed the Fiama North lode to 160 metres strike and 200 metres depth at its Minyari Project, delivering promising gold-copper assay results and advancing a major 41,000-metre drilling campaign.

BPM Minerals is set to embark on a record 20,000m drilling campaign at its Forelands Gold Project in WA, targeting maiden resource estimates and testing a major gold anomaly with strong geological promise.

Kingston Resources has extended the high-grade upper A Lode at its Southern Ore Zone, Mineral Hill, with drilling confirming mineralisation continuity east and south, supporting resource growth and a longer mine life.

Great Southern Mining (ASX:GSN) has launched an aggressive 20,000m drilling campaign targeting multiple gold discoveries across Western Australia and Queensland, including expansions at Golden Boulder and Amy Clarke, and diamond drilling at the Edinburgh Park joint venture with Gold Fields.

WA Gold has completed seven diamond drill holes at Abercromby, advancing its resource definition and feasibility study toward a potential gold mining operation with assay results due this month.

GoldArc Resources has recorded its best grade control drilling results yet at the Mt Stirling Well deposit, reinforcing its resource model and advancing mine planning towards regulatory approval for mining commencement.

Accent Resources NL has struck a deal to sell its Norseman Gold Project for up to A$4 million in cash, while keeping iron ore and platinum group element rights and securing a royalty stream on future mineral production.

Barkly Rare Earths (ASX:BAK) is launching a substantial 10,000-metre drilling campaign targeting expansion of its 40 million tonne inferred rare earth resource at the Barkly Project, with drilling set to start imminently.

Advance Metals delivers standout gold assays at Happy Valley and unveils a detailed 3D geological model, enhancing exploration precision across its Victorian gold projects.