Latest Gold And Critical Minerals News

GreenX Metals has expanded its Eleonore North Project with two new licences covering about 1,600 km² in East Greenland, targeting intrusion-related gold and critical minerals like tungsten. Historical data shows high gold grades up to 50 g/t, with fieldwork results due this quarter.

Everest Metals has reported strong progress across its Western Australian projects, including maiden and upgraded resource estimates at Revere, Mt Edon, and Mt Dimer, alongside advancing mining and proprietary processing technology.

Lightning Minerals has executed a strategic reset focusing on Australian gold and critical minerals, securing $1.85 million to accelerate exploration at its flagship Mt Turner and Warby Tungsten projects. Key technical milestones include an independent petrology study validating Mt Turner's gold system and promising tungsten assay results at Warby.

Tambourah Metals has teamed up with CSIRO to apply advanced remote sensing and machine learning techniques across its Pilbara lithium projects, aiming to sharpen target identification and cut exploration costs.

Nelson Resources has kicked off underground drilling at its high-grade Orleans Mine while advancing rehabilitation at Great Western Mine and securing a strategic tungsten property adjacent to a major US project. Exploration spending reached $794k, supported by a $2.1 million cash buffer.

CGN Resources has bolstered its position in the Leonora gold district by acquiring the 142 km² Desdemona Project, expanding its landholding to 386 km². The company has initiated its first reverse circulation drilling program at Christmas Well targeting multiple high-priority gold prospects.

Right Resources Limited has raised A$2.7 million through a placement anchored by major shareholders, including directors, to fund drilling and exploration across its Tumbarumba and New England projects.

NewPeak Metals has confirmed a significant polymetallic discovery at its Las Opeñas project in Argentina, with the first drill hole returning 663 metres at 0.41g/t gold equivalent including notable zinc and silver credits. The results position the company to advance towards a maiden resource declaration.

Nova Minerals has achieved gold recoveries exceeding 95% from low-grade Korbel ore using coarse particle flotation, producing concentrates up to 26.7 g/t Au. This breakthrough could cut costs and unlock more of the resource in its Alaska Estelle project.

Nimy Resources (ASX: NIM) responds to ASX query following a sharp share price fall, confirming pending assay results from recent sampling but no undisclosed information explaining the trading.

Right Resources has locked in a second tranche of A$755,000 in non-dilutive R&D funding for FY2026, boosting its collaboration with the University of Tasmania's CODES to deepen understanding of mineral systems in the Tumbarumba district.

Kali Metals has delivered initial Phase II drilling results from its Marble Bar Gold Project, confirming gold mineralisation extends deeper at the Tiger II Prospect. The program, combining reverse circulation and diamond drilling, highlights ongoing potential for resource growth.