Latest Gold Assets News

St Barbara Limited has reported significant high-grade gold intercepts from its FY25 drilling program at Simberi Operations, revealing promising sulphide mineralisation beneath existing open pit reserves. With assay results pending for 20 more holes, the company anticipates further resource upgrades.

FireFly Metals has doubled its Share Purchase Plan to A$10 million following overwhelming demand, boosting its cash position to approximately A$145 million to accelerate drilling and mining studies at its Green Bay Copper-Gold Project.

Mindax Limited has raised $1.6 million through a discounted share placement to fund development and exploration activities at its Mt Forrest Iron Project and gold assets.

Bryah Resources has signed a binding option to acquire the high-grade Golden Pike gold project in Canada, while appointing Greg Hill as its new CEO to steer exploration and development efforts.

Barton Gold Holdings has moved closer to acquiring the 279,000-ounce Wudinna Gold Project from Cobra Resources, with significant shareholder backing ahead of the July 24 vote. This acquisition aligns with Barton's strategy to leverage its South Australian assets and scale production.

Sipa Resources has initiated its maiden gold-focused drilling campaign at the recently acquired Nuckulla Hill Gold Project, targeting promising prospects within a prolific shear zone. This move marks a pivotal step in unlocking the potential of a largely underexplored gold corridor in South Australia.

NewPeak Metals has agreed to acquire the Tansey Gold Project, a historically productive site near Brisbane, for A$250,000 in shares and cash, aiming to unlock its district-scale potential with modern exploration techniques.

Theta Gold Mines has successfully closed a US$4 million private placement, issuing over 47 million shares and nearly 24 million options to strengthen its South African gold projects. This capital injection supports advancing the TGME Underground Project, backed by a robust feasibility study.

Many Peaks Minerals has secured a binding joint venture to expand its Ferké Gold Project in Côte d’Ivoire, increasing its landholding by 125% and committing up to USD 2 million to earn an 80% stake.

Solstice Minerals has initiated an Induced Polarisation survey at its Nanadie Well Copper-Gold Deposit, aiming to identify new resource extensions ahead of planned drilling in Q3 2025.

Silver Mines Limited has completed its acquisition of the Calico North Project and initiated an earn-in agreement for up to 80% of the Kramer Hills Project in California, marking a strategic expansion into a tier-one mining jurisdiction.

Red Mountain Mining has successfully raised $0.65 million through a heavily oversubscribed placement, enabling accelerated exploration at its Armidale Antimony-Gold Project and other gold assets in Australia and Canada.