Latest Exploration And Resource Development News

Pacgold Limited (ASX: PGO) has marked a significant milestone by producing its first gold at the White Dam Gold Project in South Australia, transitioning from an explorer to a gold producer. The company is progressing with plant upgrades and plans for pad expansion to increase production capacity.

Surefire Resources has revealed a promising new gold discovery at its Yidby project in Western Australia, with surface samples showing grades up to 12.04 g/t Au in a previously unexplored Albitite lithology. This discovery validates historic data and opens a fresh corridor for exploration.

BPM Minerals has commenced a significant 7,500m drilling program at its Beachcomber Prospect, targeting high-grade gold extensions, while preparing for a heritage survey at Bonnie & Clyde to enable maiden drilling later this year.

Australian Gold and Copper Ltd (AGC) reports a significant milestone with a 38.5 million ounce silver-equivalent resource at its Achilles deposit, underpinning an ambitious 2026 exploration program across the South Cobar Basin.

Andean Silver Limited has secured a coveted spot in the VanEck Junior Gold Miners ETF, positioning the company for increased visibility and liquidity on the global stage.

Asian Battery Metals has exercised its option to acquire the Maikhan Uul Copper-Gold Project in southwestern Mongolia, adding a strategically significant asset to its portfolio with confirmed high-grade mineralisation and a long-term mining licence.

Ora Banda Mining has reported a staggering 964% increase in its Round Dam gold resource, boosting its total global mineral resources to 3.3 million ounces. This leap underscores the company’s aggressive organic growth strategy and ongoing exploration success.

Beacon Minerals Limited has reported a robust half-year performance with gold sales more than doubling to AU$82.6 million and a comprehensive profit of AU$14.8 million, driven by strong production growth and higher gold prices.

The Central Tanami Project joint venture between MGX Resources and Tanami Gold NL reports a 2.8 million ounce gold resource, progressing towards production with key infrastructure upgrades and exploration drilling underway.

Leeuwin Metals has reported promising high-grade gold assay results from its 2026 drilling campaign at the Evanston prospect within the Marda Gold Project, signalling potential resource expansion.

Estrella Resources has entered a $2 million underwriting agreement to support the exercise of its listed options, ensuring capital inflow ahead of the December expiry.

Kingfisher Mining’s December 2025 drilling at the Copper Blow IOCG prospect near Broken Hill confirms strong, continuous high-grade copper-gold mineralisation, setting the stage for a maiden resource estimate.