Latest Eastern Goldfields News

Viking Mines has agreed to sell its non-core First Hit Gold Project in Western Australia to First Au Limited for up to $5 million, allowing it to concentrate resources on its flagship Linka Tungsten Project in Nevada with drilling imminent.

Venus Metals has unveiled promising auger soil sampling results at its Henderson Gold Project and significant base metals anomalies at Youanmi, alongside initiating a titanium extraction research program with Murdoch University.

AngloGold Ashanti’s recent drilling on Matsa Resources’ Lake Carey tenement M39/599 has revealed a significant 2-kilometre gold mineralised trend with multiple high-grade intercepts, underscoring the prospect’s exploration potential.

Platina Resources has secured full ownership of the Sunrise Bore Project near Laverton, WA, and kicked off a 2,775-metre drilling program targeting a historically mineralised gold corridor.

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.