Latest Gold Anomalies News

Dundas Minerals has drilled 5,180 metres across three Kalgoorlie gold projects and extended interpreted Rockland mineralisation to about 170 metres below surface. A post-quarter-end $2.88 million placement gives the explorer additional funding, although its September cash balance covered only 1.75 quarters of estimated outgoings before the raise.

Pantera Minerals has secured full ownership of the 470km² Corona Gold Project in Western Australia after receiving Ministerial consent and satisfying all completion conditions. The low-cost acquisition gives the company an 8km historical gold-in-bedrock anomaly and multiple untested auger targets, although the evidence remains unverified by Pantera drilling.

Nimy Resources has identified a third major gold-in-soil anomaly along its 16km Corporate James Trend, while maiden drilling and ground EM surveys move ahead at the Mons Project. Early Block 3 testwork also returned 84% gallium and up to 95% rare earth extraction, although the work remains at an early technical stage.

Solara Minerals has identified gold and silver in selective rock-chip samples along a quartz vein extending more than 400 metres at Myrnas Hill. The explorer is also preparing follow-up drilling at Wilgeena, while its $1.642 million cash balance points to a measured exploration runway.

Duketon Mining has completed 17 reverse-circulation holes at its Barlee gold project, while re-split assays confirmed several gold-bearing zones across five prospects. The next market test is pending assay data from 2,150 metres of follow-up drilling, expected in roughly two to three weeks.

Golden Dragon Mining has finished an approximately 2,800-metre RC drilling program at its Cue Gold Project after reporting high-grade results and a more than 3-kilometre gold corridor. The company also ended the September quarter with A$4.11 million in cash following a strategic A$2.2 million investment from Chengtun Gold.

Indiana Resources has completed drilling at Company Well and Minos, while heritage clearance unlocks the next stage at the 7km Ealbara gold anomaly. The exploration progress comes alongside a November CEO departure and an unresolved arbitration claim over US$13.05 million in Tanzania settlement proceeds.

Dundas Minerals has secured firm commitments for a $2.88 million placement to fund drilling and exploration across its Kalgoorlie and Romano gold projects. Forrestania Resources chairman David Geraghty will invest $750,000 and emerge with a 5.57% stake, while directors have committed a further $235,000 subject to shareholder approval.

Recharge Metals has completed its 100% acquisition of the Ironstone Well Gold Project, expanding its Prospero gold exploration trend near Leonora to more than 15km. The deal lands just as the company prepares to start its first 30,000m drilling campaign at the adjoining Sunset Well project.

Kalgoorlie Gold Mining has secured the full A$1.14 million targeted through its underwritten entitlement offer, despite eligible shareholders subscribing for only A$314,170. The capital is earmarked for drilling at the Lighthorse discovery, aircore work at LTZ Flexure and working capital.

Antares Metals has agreed to earn a 90% interest in the historic Enterprise gold mine in Western Australia, adding a fourth priority target to its Quinns project. The company has expanded its air core program to 2,500 metres, but the transaction remains subject to expenditure, approvals and historical-data caveats.

Kalgoorlie Gold Mining has identified multiple coherent gold-in-regolith anomalies across the first 225-hole aircore test of its LTZ Flexure target at Pinjin. The strongest exploration signal stretches up to 2km, but primary gold mineralisation at depth remains unconfirmed.