Latest Eastern Goldfields News

Solstice Minerals has reported standout Phase 1 drilling at its Nanadie Copper-Gold Project, highlighting wide, high-grade intercepts that surpass current resource grades. Supported by a $32.6 million placement, the company is accelerating Phase 2 drilling to expand this promising WA copper-gold system.

Lightning Minerals pivots to a gold-led Australian strategy, elevating its Mt Turner Project as the core value driver while shedding non-core lithium assets. The company aims to capitalise on strong initial drilling success and disciplined capital allocation amid evolving commodity cycles.

Forrestania Resources has started transporting ore from its British Hill gold deposit to the Lake Johnston processing facility, moving closer to production as plant refurbishment advances. The company is also partnering with local authorities to upgrade regional infrastructure.

Genesis Minerals is set to acquire Magnetic Resources for approximately A$639 million, offering Magnetic shareholders a 25-35% premium. The deal unlocks synergies at the Lady Julie Gold Project, where an updated underground production target extends mine life to 14-19 years with improved economics.

Accelerate Resources (ASX: AX8) has kicked off a 1,500m aircore drilling program at its high-priority Fluffy Prospect within the Balagundi Gold Project, marking the first drilling at this target in over three decades. The program targets extensions of historic gold mineralisation and fresh zones identified through recent geophysical and geochemical surveys.

Golden Mile Resources (ASX: G88) has agreed to sell its final 20% interest in the Leonora Gold Joint Venture to Navigator Mining for A$250,000, marking its exit from the project after Navigator earned an 80% stake.

Patronus Resources has consolidated 100% ownership of the Guppy-Benalla area for $250,000 cash, removing joint venture constraints and positioning itself to advance exploration near its 475koz Cardinia East gold resource. Follow-up drilling is planned after heritage surveys.

Kairos Minerals has boosted its Mt York Gold Project resource estimate to 2.08 million ounces, marking a 50% increase in contained gold and setting the stage for an aggressive 2026 drilling and feasibility campaign.

Redcastle Resources has delivered robust assay results from infill drilling at its Queen Alexandra deposit, confirming mineralisation continuity and expansion below the current pit design. The company plans a substantial grade control drilling program to sharpen mine planning within a 1.7 km gold corridor.

Strata Minerals Limited has expanded its Zelica Gold Project corridor to approximately 9.5km through a strategic tenement acquisition and completed a 2,209m Phase 2 RC drilling program, with assay results expected within 4-6 weeks.

Vita Resources NL has temporarily halted its maiden drilling program at the Ninnis Gold Project due to Tropical Cyclone Narelle, completing 850 of 1,200 planned auger holes. The company expects drilling to resume later in April, pending weather and ground conditions, with assay results forthcoming.

Western Mines Group Ltd (ASX:WMG) has released assay results from three Phase 4 reverse circulation drill holes at its Mulga Tank Project, confirming broad zones of nickel sulphide mineralisation with notable high-grade intervals. Drilling continues amid weather and fuel supply challenges.