Latest Gold Assets News

Forrestania Resources has signed a binding agreement to acquire North Iron Cap Pty Ltd, securing a JORC-compliant gold resource of approximately 106,000 ounces at the North Ironcap project. This acquisition strengthens Forrestania’s foothold in Western Australia’s prolific gold belt.

First Au Limited has successfully completed a two-tranche placement raising $1.56 million to fund its acquisition of the Nimba Gold Project and ongoing exploration activities.

Ausgold Limited advances its Katanning Gold Project with secured land access for water infrastructure and a strategic land acquisition, while legal proceedings on land compensation loom.

Fortescue has approved a $3 million exploration budget for Strategic Energy Resources’ Canobie Project, setting the stage for a significant diamond drilling campaign targeting copper-gold mineralisation in northwest Queensland.

Tesoro Gold has successfully dismissed initial legal claims from joint venture partner Wanaco SpA and increased its ownership in the El Zorro Gold Project to over 90%, reinforcing its strategic position in Chile.

Helix Resources Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.68 million, partially underwritten by Mahe Capital, aiming to fund key drilling and resource estimation projects.

Rumble Resources has announced a maiden tungsten resource of 13,200 tonnes of WO3 at its Western Queen Project, complementing its existing high-grade gold assets and highlighting significant growth potential.

Solstice Minerals has identified promising new geophysical targets at its Nanadie Copper-Gold Project, setting the stage for a maiden drilling campaign aimed at expanding its existing resource.

BMG Resources has secured $600,000 through a strategic share placement to advance its Western Australian gold projects, focusing on a scoping study at Abercromby and further drilling at Bullabulling.

PVW Resources has agreed to sell its Leonora Project in Western Australia for A$500,000, redirecting capital towards its promising Brazilian rare earth and gold assets.

Brightstar Resources has unveiled a robust multi-hub expansion strategy in Western Australia, boosted by its strategic acquisition of Aurumin Limited. The company targets a significant production increase to 200,000 ounces of gold annually by 2029.

Horseshoe Metals advances its Horseshoe Lights copper-gold project with mining approval secured, site mobilization underway, and new drilling planned to expand resources.