Latest Charters Towers News

Native Mineral Resources has identified 15 promising new gold exploration targets at its Blackjack Gold Mine in Queensland following a detailed drone magnetic survey, setting the stage for drilling in November 2025.

Native Mineral Resources has completed its first gold pour at the Blackjack Gold Project, marking a key milestone as it advances toward full production ramp-up in August 2025. The company also secured a $10 million placement to support its growth plans.

Native Mineral Resources has poured its first gold at the Blackjack Gold Project in Queensland, marking a pivotal shift from development to production with initial revenue generated.

Citigold Corporation Limited reports steady progress in exploration and mine design at its Charters Towers Gold Project, while actively pursuing funding partnerships to restart operations.

Sunshine Metals has completed resource infill drilling at its Plateau gold-silver prospect and reconnaissance drilling at the Salla gold-copper-zinc prospect, delivering results that support an upcoming resource update and further exploration.

Native Mineral Resources has raised A$10 million through a share placement to fund the ramp-up of gold production at its Blackjack plant in Queensland, following its first gold pour ahead of schedule.

Loyal Metals has secured a binding option to acquire the Highway Reward Copper Gold Mine, one of the world’s highest-grade copper assets, marking a significant step in its 2025 plan to expand into copper amid soaring commodity prices.

Sunshine Metals has exercised its option early to acquire the Sybil Epithermal Gold Project, setting the stage for drilling to commence in July-August 2025. The project boasts historic high-grade gold results and strategic significance near Charters Towers.

Sunshine Metals has secured a binding agreement to acquire the high-grade Sybil Epithermal Gold Project near Charters Towers, Queensland, aiming to fast-track near-surface gold production. The acquisition, valued at A$1.225 million, aligns with Sunshine’s strategy to expand its district presence and leverage underexplored epithermal systems.

Sunshine Metals reports high-grade gold assays up to 64.5g/t Au at its new shallow Mt Pleasant prospect near Charters Towers, alongside ongoing drilling progress at the Liontown oxide gold resource with results expected soon.

Citigold Corporation Limited has faced intense ASX scrutiny following an adverse auditor opinion on its half-year financials, centering on a $20 million impairment of exploration assets. The company defends its valuation approach despite funding uncertainties and regulatory questions.

Ballymore Resources reports strong progress at its Queensland projects, highlighted by ongoing high-grade underground drilling at Dittmer and promising metallurgical testwork results. The company maintains a solid $4 million cash position while advancing exploration across its portfolio.