Latest Gold Assets News

Great Southern Mining (ASX:GSN) is pushing forward with aggressive drilling campaigns across its Western Australian and Queensland gold projects, supported by a recent $4.6 million equity placement. Early results hint at promising extensions of known mineralisation, setting the stage for further resource growth.

Freehill Mining has signed a non-binding MOU with Austral Gold to fast-track copper and copper-gold project development in Chile, leveraging Austral’s operational expertise to boost Freehill’s strategic growth.

Nexus Minerals has acquired Northern Star’s remaining 10% stake in the Pinnacles Gold Project, boosting its ownership to 100% and ending the joint venture. The deal includes a 1.5% net smelter return royalty payable to Northern Star, with an option to buy back part of it.

Waratah Minerals has completed the A$1 million acquisition of the Ironclad Mining Lease in New South Wales, expanding its strategic Spur Gold Project footprint with a high-grade, historically significant gold asset. The company is accelerating exploration with diamond drilling and plans to scale up its rig fleet to unlock the lease’s potential.

Austral Resources Australia Ltd has tabled a non-binding proposal to acquire Hammer Metals Ltd at A$0.087 per share, outbidding Larvotto Resources and aiming to bolster its Rocklands copper operations with a substantial new feed source.

Andean Silver Limited has delivered exceptional high-grade drilling results at its Cerro Bayo Silver-Gold Project in Chile, including a standout intercept of 268g/t gold and 3,045g/t silver over 1.4m at the Trinidad vein. The company is advancing resource upgrades and preparing for the first district-wide drilling campaign in two decades.

Hammer Metals has received a non-binding proposal from Austral Resources to acquire 100% of its shares via a scheme, coupled with a demerger of its WA gold assets into a separate entity valued at 8.7 cents per share.

Accent Resources NL has struck a deal to sell its Norseman Gold Project for up to A$4 million in cash, while keeping iron ore and platinum group element rights and securing a royalty stream on future mineral production.

Sentinel Metals has locked in a $15 million institutional placement to fund its acquisition of the 1.01Moz Big Springs Gold Project in Nevada, positioning itself as a growing North American gold player.

Advance Metals delivers standout gold assays at Happy Valley and unveils a detailed 3D geological model, enhancing exploration precision across its Victorian gold projects.

Caprice Resources has completed the sale of a 75% stake in its West Arunta Project to Maverick Minerals for A$2.7 million cash, while preserving a free-carried interest and minority stakes. The deal bolsters Caprice’s cash position, enabling intensified focus on its Murchison gold assets and a maiden resource estimate this year.

Sentinel Metals (ASX: SNM) is set to nearly double its North American gold resources to 2 million ounces by acquiring Capricorn Metals' Big Springs project in Nevada for up to $26 million, combining cash, shares, and milestone payments.