Latest Gold Assay Results News

Geopacific Resources has reported compelling new gold assay results from its Woodlark Gold Project, confirming multiple high-grade zones and a promising new discovery at Kamwak. The ongoing drilling campaign signals significant resource growth potential in Papua New Guinea.

Ballymore Resources has reported strong high-grade gold assay results from its Dittmer Project in Queensland, alongside key regulatory progress and a successful $4.5 million capital raise to fund ongoing exploration.

Caprice Resources delivers exceptional high-grade gold results at its Island Gold Project and embarks on a fully funded Phase 4 drilling campaign, while strategically expanding its landholding through the acquisition of the Comet Gold Project.

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.

Killi Resources reports promising copper and gold assay results at its Mt Rawdon West Project, while exploration advances at West Tanami under a joint venture with Gold Fields. The company maintains a solid cash position to fund ongoing work.

Carnaby Resources reports strong September quarter progress, including significant high-grade copper-gold drill results, full JV buyout, and a $12.5 million placement to advance its Greater Duchess project.

Australian Silica Quartz Group reports promising gold drill results at Koolyanobbing Metals Project and seeks partners to fund exploration, supported by property sales.

Latitude 66 Limited has completed the sale of its 17.5% interest in the Greater Duchess Joint Venture to Carnaby Resources, transforming its balance sheet to a debt-free position with $6.4 million in cash and shares. Meanwhile, promising exploration results at its Australian gold projects and a new cobalt processing agreement in Finland set the stage for growth.

Cazaly Resources reports strong gold assay results at its Goongarrie Gold Project, confirming mineralisation over a 700m strike and prompting an expanded aircore drilling program. The company maintains a solid cash position of $2.4 million as it advances multiple exploration fronts.

Advance Metals has significantly expanded its precious metals footprint with the Guadalupe y Calvo acquisition, maiden drilling success at Yoquivo, and completion of the Gavilanes deal, backed by a $13 million capital raise.

Codrus Minerals has completed its inaugural drilling campaign at the Bull Run Gold Project with promising assay results, while advancing uranium exploration in Canada and managing a cautious cash position.

Nelson Resources confirms high-grade gold assay results at its Yarri Project and partners with MEGA Resources to fully fund and manage development operations.