Latest Gold Assay News

Lachlan Star has secured a 90% stake in the New Waverley gold project, confirmed high-grade gold mineralisation, and launched a maiden diamond drilling program. A recent $7.47 million placement will accelerate exploration efforts in Western Australia’s Norseman district.

BPM Minerals has reported compelling high-grade gold assay results from maiden drilling at its Beachcomber Prospect and secured A$3.5 million in a strategic placement to fund an expanded 2026 exploration campaign across its Forelands Gold Project.

Peel Mining has agreed to sell its South Cobar Copper Project to Aeris Resources, while spinning off its remaining Cobar Basin assets into a new ASX-listed company, Spectre Metals. Exploration highlights from the Southern Nights Complex and Nombinnie Prospect underpin the growth potential of the new entity.

DeSoto Resources has reported strong gold assay results from artisanal workings at its Timbakouna Project and extensive soil sampling across multiple permits in Guinea’s prolific Siguiri Basin, underpinning plans for follow-up drilling and geophysical surveys.

Barton Gold's recent drilling at the Challenger Gold Project has revealed previously unmodelled high-grade gold mineralisation up to 170.7 g/t Au adjacent to historical open pits, boosting prospects for a low-risk operational restart.

Astral Resources has reported strong drilling results across its Western Australian gold projects, progressing the Mandilla Definitive Feasibility Study (DFS) and securing $1.76 million in a recent placement tranche. The company maintains a healthy cash position of $73 million as it targets first gold production in early 2028.

Argent Minerals has reported a landmark 133.1m intercept averaging 72.4 g/t silver equivalent from near surface at its Kempfield Project, including a stunning visible gold assay that deepens the resource by 80 metres and underscores its polymetallic potential.

Silver Mines has delivered promising exploration results from its Calico North and Kramer Hills projects in California, with standout silver and barite assays supporting imminent drilling campaigns.

Mamba Exploration has secured a 70% stake in the Meeka East Gold Project following a $2 million placement and completed a major soil sampling program, setting the stage for a maiden drilling campaign pending assay results and approvals.

Legend Mining has identified significant chargeable-resistive features at its Pinnacle Well Project, enhancing gold prospectivity at Alpha North and Pyrophyllite Hill. The company is progressing drill approvals aiming for a July start, supported by a solid $10.2 million cash balance.

Prospect Resources has revealed significant new gold assay results from Nyungu Central, part of its Mumbezhi Copper Project in Zambia, confirming gold's broad presence alongside copper and cobalt. This discovery could materially improve project economics through valuable by-product credits.

SQX Resources continues to impress with thick, high-grade gold intercepts near surface at its Red Bird project in Arizona, reinforcing open-pit potential ahead of further assays and geophysical work.