Latest Gold And Base Metals News

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.

Lodestar Minerals has intersected visible copper sulphides in its first diamond drill hole at the Three Saints project in Chile, hinting at a potentially significant IOCG-style mineralised system. Assay results are pending, with further drilling planned to explore the extent of mineralisation.

Ariana Resources has reported compelling high-grade gold intercepts from its 2025-2026 drilling at the Dokwe Gold Project in Zimbabwe, reinforcing the potential to expand its 1.1 million ounce resource. The company is advancing to a Phase 2 diamond drilling campaign aimed at refining resource estimates.

Kuniko Limited reports promising early diamond drilling results at its Commonwealth-Silica Hill Project in NSW, confirming significant sulphide mineralisation and extending known zones. Backed by a $3.75 million placement, the company is fast-tracking a larger Phase 2 drilling campaign to expand resource validation and explore new targets.

Red Hill Minerals has reported a robust half-year performance for FY26, driven by strong royalty revenue from the Onslow Iron Ore Project and ongoing exploration investments. The company declared an interim fully franked dividend of 11.6 cents per share.

MinRex Resources Limited (ASX: MRR) has announced a definitive agreement to acquire 100% of Electrum Discovery Corp. (TSX-V: ELY) via a statutory Plan of Arrangement, creating a combined ASX-listed gold-copper exploration company with significant assets in Serbia and Australia.

Kali Metals has acquired SQM Australia’s 30% stake in the DOM’s Hill and Pear Creek projects, consolidating its Pilbara portfolio and setting the stage for renewed gold and base metals exploration.