Latest Eastern Goldfields News

CZR Resources (ASX:CZR) has launched a recommended all-scrip takeover bid for Zuleika Gold (ASX:ZAG), valuing the company at $44.8 million and offering a significant premium to Zuleika shareholders.

OzAurum Resources has completed its extensive grade control drilling at Mulgabbie North, delivering consistent high-grade gold intercepts at shallow depths and progressing site civil works for heap leach infrastructure.

Gateway Mining’s initial aircore drilling at Great Western reveals a 4km gold-mineralised dolerite unit with high-grade silver zones, indicating a broad hydrothermal system with significant exploration upside.

Recharge Metals has formalised cultural heritage protections with the Darlot Traditional Owners, clearing the way for a major drilling campaign targeting nearly 95,000 ounces of gold at its Sunset Well project in Western Australia.

Platina Resources has signed a binding Share Sale Agreement to acquire Bravo Minerals, owner of the Sunrise Bore Exploration Licence, expanding its Laverton gold portfolio in a promising but underexplored corridor.

Solstice Minerals has broadened its exploration horizons at the Nanadie Copper-Gold Project in Western Australia, unveiling multiple new targets including the Stark prospect. Ongoing Phase 2 drilling aims to build on the existing 40.4Mt resource, while a strategic review of Eastern Goldfields projects is underway.

Redcastle Resources has formalised its acquisition of a 60% interest in the Kilkenny Belt Package, expanding its tenement holdings by over 6,400 hectares and setting the stage for exploration funded by ongoing mining cash flow.

Recharge Metals has completed soil sampling and a detailed gravity survey at its underexplored Sunset Well Gold Project in WA, setting the stage for a major drilling campaign targeting the 94,500 oz Prospero Deposit. The company also expanded its footprint with four new regional projects, supported by a $6 million cash position.

Redcastle Resources has reported strong assay results from its ongoing drilling at Redcastle Reef and Queen Alexandra, underpinning its active mining and staged development plans in Western Australia's Eastern Goldfields.

OzAurum Resources has delivered another round of strong near-surface gold intercepts at its Mulgabbie North Paleochannel Project, reinforcing a low-cost heap leach development pathway and progressing site construction.

Strata Minerals has validated a significant gold mineralised system along a 9.5km corridor at its Zelica South Project in Western Australia, with rock chip samples hitting up to 11.78 g/t Au and silver anomalies supporting a fertile hydrothermal system.

Forrestania Resources has launched a recommended off-market takeover bid for Zenith Minerals, valuing Zenith at about A$93.5 million with a 46.7% premium. The deal aims to create a larger, diversified Western Australian gold explorer and developer.