Latest Eastern Goldfields News

Sabre Resources has completed the first 54 holes at its newly acquired Kurundi North copper-gold project, with laboratory results due within four to five weeks. The explorer ended September with $4.232 million in cash after completing the second tranche of its $2 million placement.

Recharge Metals has moved its flagship Sunset Well project from preparation into drilling, while fresh re-assays point to a broader copper-tungsten system at Brandy Hill South. A $4.1 million placement has lifted pro forma cash to $8.6 million, giving the explorer room to pursue both programs.

Nex Metals has assembled a potential 3,021 km² Western Australian exploration portfolio through its WTAC joint venture, while preliminary Kookynie test work lifted laboratory gold recovery to 71%. The expansion comes with important conditions: most tenure remains pending, and the processing case still requires further technical and economic work.

First Au has spent the September quarter assembling a broader Western Australian gold portfolio, completing Riverina East, advancing First Hit drilling and pursuing a recommended takeover of Javelin Minerals. The expansion comes with $1.4 million in cash, multiple conditional transactions and assay results still pending.

Western Mines Group has increased the Mulga Tank resource to 2.647 billion tonnes at 0.27% nickel, containing 7.2 million tonnes of nickel. The major exploration milestone now faces its more consequential test: whether a large, low-grade and unconstrained resource can support an economic mine.

Javelin Minerals has advanced its proposed all-scrip takeover by FirstAU while securing Eureka’s final mining approval and reporting further gold intersections. The deal offers a broader exploration portfolio, but the loss of Eureka’s processing pathway and a cash runway of about 2.57 quarters remain material constraints.

Ore Resources has added 408.87 square kilometres to its Kal East gold footprint in Western Australia, but all 18 new tenements remain pending. The company plans to begin 3,000-5,000 metres of aircore drilling at Mt Monger in November, subject to heritage clearances.

Recharge Metals has completed its 100% acquisition of the Ironstone Well Gold Project, expanding its Prospero gold exploration trend near Leonora to more than 15km. The deal lands just as the company prepares to start its first 30,000m drilling campaign at the adjoining Sunset Well project.

Iceni Gold has defined a new drilling corridor at Goose Well after diamond drilling confirmed broad, low-grade gold mineralisation with higher-grade quartz veins near the Gander Fault. The company is also preparing for a Gold Fields-funded 7,000m RC campaign at Everleigh, with results expected from December.

Kalgoorlie Gold Mining has identified multiple coherent gold-in-regolith anomalies across the first 225-hole aircore test of its LTZ Flexure target at Pinjin. The strongest exploration signal stretches up to 2km, but primary gold mineralisation at depth remains unconfirmed.

First Au will acquire six exploration licences in Western Australia’s Ora Banda district for A$150,000 upfront, with a further A$500,000 deferred at the seller’s discretion. The deal expands its Riverina tenure but comes with a A$250,000 drilling commitment and remains subject to completion conditions.

Nex Metals returned to profit in FY2026 after selling its remaining Arika joint venture interest, but the gain did not resolve its underlying funding pressure. The company ended the year with $422,452 in cash, net liabilities of $471,232 and a material uncertainty over its ability to continue as a going concern.