Latest Beta Hunt News

Westgold Resources reports a 41% jump in gold Ore Reserves to 4.1 million ounces with a 15% grade uplift, achieved at a notably low reserve addition cost of $27 per ounce. The company plans to invest up to $75 million in exploration drilling in FY27 to sustain this growth trajectory.

Westgold Resources has declared a maiden Ore Reserve of 1.1 million ounces at its Fletcher deposit, marking a significant 30% increase in total Mineral Resources at Beta Hunt and advancing plans for a 4Mtpa processing expansion.

Astral Resources has uncovered significant deep gold mineralisation beyond the current resource at its Mandilla Project, with broad high-grade zones in newly completed diamond drill holes. The expanded drilling program highlights Theia’s growth potential and sets the stage for upcoming feasibility and exploration activities.

Westgold Resources delivered a record 387,354oz gold production in FY26, exceeding guidance, while closing the year with a robust $939 million in cash and liquid assets, remaining debt free and unhedged.

Astral Resources reports strong assay results from infill drilling at Theia, underpinning resource upgrades and de-risking early Mandilla mine development near Kalgoorlie.

Lunnon Metals has greenlit a $13 million FY2027 exploration budget to aggressively test a conceptual 1.2-2.4 million ounce gold target at its Foster-Baker area within the St Ives gold camp, aiming to drill more metres than in any year over the past six decades.

Westgold Resources maintained FY26 gold production guidance with 93,145oz in Q3, backed by a record A$7,080/oz gold price and a robust A$285M underlying cash build. The company approved a $145M expansion of its Higginsville processing hub to boost capacity and cut costs.

Westgold Resources has approved a $145 million expansion of its Higginsville Processing Hub, increasing capacity by 62.5% and aiming to lift Southern Goldfields production by 60,000 ounces annually while cutting processing costs by nearly a quarter.

Torque Metals reports a significant 20-metre intercept grading 5.8 grams per tonne gold at its Paris Gold Project, confirming the deposit as a multi-lode, high-grade system with strong growth potential.

Torque Metals reports significant high-grade gold discoveries extending beyond current resources at its Paris Gold Project, backed by a $15 million placement that leaves the company well-funded for aggressive drilling in 2026.

Westgold Resources has reported a record-breaking second quarter for FY26, with gold production surging 33% and underlying cash build doubling to $365 million, while maintaining a debt-free balance sheet.

Torque Metals' latest drilling and Down-hole Electromagnetic (DHEM) surveys at the HHH deposit reveal multiple new gold lodes, expanding the known resource and validating advanced vectoring techniques for exploration.