Latest Gold And Base Metals News

Reward Minerals has expanded its Mountain Pond Gold Project in Newfoundland by acquiring a new mineral licence adjoining the Jackpot Prospect, setting the stage for maiden drilling in 2026. This strategic consolidation unlocks a highly prospective fault zone with historic gold and multi-element anomalies but no prior drilling.

Middle Island Resources has launched a major 2026 exploration campaign at its Bobija Project in Serbia, initiating Phase 2 drilling and extensive soil sampling to expand on promising late 2025 results.

Electrum Discovery Corp. shareholders have overwhelmingly approved a merger with MinRex Resources, setting the stage for a significant cross-continental consolidation in gold and base metals exploration.

Kuniko Limited has discovered a new sulphide mineralised zone at Silica Hill, extending beyond previous models, as it wraps up its maiden Phase I drilling program. Assay results are expected soon, setting the stage for an expanded Phase II campaign.

Exultant Mining has reported exceptional high-grade gold rock chip results up to 50.9 g/t Au at its Undoo Creek prospect, significantly enhancing the project's exploration potential and advancing drill targeting plans.

Manhattan Gold has contracted Northspan Explorations for a 4,000m reverse circulation drilling campaign at its Hook Lake Project in Nunavut, aiming to validate high-grade gold and polymetallic targets across a vast underexplored greenstone belt.

Sunshine Metals has secured a $202,235 Queensland Government grant to fund diamond drilling at the Trooper Creek Au-Ag-Cu-Zn target, testing a promising geophysical anomaly. This move complements ongoing work at its Liontown and Sybil projects, signalling a busy exploration period ahead.

Patriot Resources has appointed Dominic Duggan as Managing Director and CEO, signalling a strategic push to advance its global mining projects. Duggan’s blend of technical and financial expertise is expected to steer the company through its critical development stage.

Reward Minerals has executed a binding agreement to acquire the Mountain Pond Gold Project in Newfoundland, featuring high-grade gold and copper assays and no prior drilling. The company plans to commence drill testing in the 2026 field season.

Godolphin Resources has revealed a significant 21% increase in gold recovery at its Lewis Ponds Project through the integration of gravity recoverable gold processing, potentially enhancing the project’s already robust economics.

MLG Oz Limited has extended its integrated site services contract with Westgold Resources for another year, expected to deliver around $75 million in revenue. The extension covers key mining hubs in Western Australia’s Murchison region.

Sunshine Metals has launched a significant resource definition drilling program at its high-grade Liontown Gold Panel, aiming to bolster underground mining prospects and update resource estimates.