Latest Forsayth News

Australia United Mining generated a $20,803 share of gold and silver proceeds from its Ropewalk operation, but ended September with only about $20,000 in cash. The company says it may sell a listed investment and rely on related-party support to meet its commitments.

Tartana Minerals has reported striking reconnaissance assays from historic workings across its Far North Queensland portfolio, led by 26.7% copper at Ortona. The results broaden the exploration pipeline, but follow-up mapping and drilling are still needed to establish continuity and scale.

Australia United Mining has reported a $596,624 loss, $20,802 in cash and a material uncertainty over its ability to continue as a going concern. The company’s Forsayth project generated a modest production return, but operations remain dependent on further funding and related-party creditor support.

ActivEX Limited has identified multiple high-grade gold, silver, and base metal targets from surface rock sampling at its Georgetown Project in Queensland, revealing promising prospects for further exploration.

Australia United Mining reported a productive quarter at its Forsayth project with gold-silver output, but heavy rains forced a halt to mining activities. The company faces a tight cash position, relying on related party loans and potential asset sales to sustain operations.

Australia United Mining reported no new activity at its NSW Sofala joint venture but revealed promising high-grade gold assays in Queensland’s Queenslander workings, alongside disappointing results at Goldsmith North. The company faces tight cash reserves but has secured related-party loan facilities to support ongoing operations.

Savannah Goldfields has secured crucial environmental approvals to restart gold production at its Georgetown Gold Project, with mining at Big Reef set to begin in October 2025. The company also received approval for a tailings storage facility expansion to support future processing.

Savannah Goldfields has initiated a targeted drilling campaign at its Big Reef Extended Prospect, aiming to expand gold resources and support imminent mining plans at the Georgetown Gold Project.

Savannah Goldfields has reported highly anomalous gold assays from rock chip samples at its Big Reef prospects in North Queensland, prompting the start of a targeted drilling campaign to explore resource expansion.

Australia United Mining reports steady progress at its Sofala gold project and maintenance at Queensland’s Ropewalk mine, while facing a limited cash runway supported by related party loans and share investments.

Savannah Goldfields has announced a promising new gold Exploration Target at its Big Reef Deposit within the Georgetown Project, potentially extending its resource base and supporting imminent mining plans.