Latest Gold Assets News

Sarama Resources has raised A$1.5 million through a private placement to fund copper-gold exploration in New South Wales and support its US$242 million arbitration claim against Burkina Faso. The arbitration hearing is set for February 2027, while Sarama plans to retain significant equity in Riedel Resources following a major asset sale.

Prospect Resources has updated its Mumbezhi Copper Project Mineral Resource Estimate, boosting tonnage by 20% to 208.1 million tonnes and doubling gold resources to 262,100 ounces. The project now boasts tier-1 copper grades comparable to Zambia’s top mines, with Phase 3 drilling underway to expand resources further.

Locksley Resources has secured an option to acquire 100% of the Iron Duke Copper & Gold Project near its Tottenham asset, adding an inferred resource of 1.3 million tonnes grading 1.0% copper and 0.6 g/t gold. The low-cost, milestone-based deal supports a district-scale exploration strategy in the Cobar region.

Corazon Mining takes a major step into gold development by acquiring the Chalice Gold Project from Westgold, backed by a $16.5 million capital raise and a near 20% strategic stake from Westgold.

Castle Minerals has locked in a 90% stake in the Nielle Gold Project, a high-grade asset in a prolific West African gold belt, while planning to divest its Ghanaian holdings and rebrand as TerraNova Metals.

Evergold Minerals has kicked off a 3,000m reverse circulation drilling campaign at its Mt Monger Gold Project, aiming to confirm high-grade gold mineralisation at Duchess of York and test a newly defined intrusive-related target at Gladiator.

Miramar Resources has kicked off auger drilling at its Chain Pool Project in Western Australia, targeting high-grade copper-lead-silver mineralisation at the historically significant Joy Helen prospect. The program aims to define the extent of SEDEX-style mineralisation over a 300m strike with potential for extensions and parallel zones.

Classic Minerals has restated its 80% beneficial interest in the Forrestania Gold Project, emphasizing that recent acquisitions by Forrestania Resources do not affect its rights, which remain protected amid ongoing Supreme Court litigation.

Carnaby Resources has unveiled a significant new high-grade copper-gold mineralised structure at its Trek 1 prospect in the Greater Duchess Project, Queensland, with drill results pointing to resource expansion beyond current estimates.

Andean Silver has uncovered new bonanza-grade silver-gold veins near its Laguna Verde processing plant in Chile, setting the stage for a resource upgrade and feasibility studies.

Ariana Resources has unveiled significant gold mineralisation extensions at its Dokwe Gold Project in Zimbabwe, following the completion of a 5,659m RC drilling program. The results support an updated JORC resource and ongoing feasibility efforts.

Ausgold Limited has promoted Ben Stockdale from CFO to CEO and appointed Reece Olney as GM Operations, reinforcing its leadership as the Katanning Gold Project approaches a final investment decision.