Latest Gold Assets News

Challenger Gold Limited has formalized an Investment Protection Agreement with Ecuador, safeguarding its $75 million investment in the El Guayabo Project. Concurrently, the company announced a doubling of its Mineral Resource Estimate to 9.1 million ounces gold equivalent across its Ecuadorian assets.

Adelong Gold has locked in a binding agreement to acquire the Lauriston Gold Project, boasting exceptional high-grade gold mineralisation adjacent to the world-class Fosterville Mine. The acquisition, backed by a $3 million capital raise, positions Adelong to rapidly expand its Victorian gold portfolio.

Asara Resources has amicably settled its legal dispute with joint venture partner Costa Rica Dos over the Loreto Copper Project in Chile, paving the way for clearer project ownership and collaboration.

Belararox Limited has entered a strategic option agreement with Minerals 260 to divest its Bullabulling gold and lithium tenements, refocusing its efforts on copper projects in Argentina and Botswana.

Blackstone Minerals and IDM International have agreed to an all-scrip merger to combine their critical minerals projects, including the Mankayan Copper-Gold Project in the Philippines. The scheme awaits shareholder and court approval, promising a diversified portfolio and enhanced market presence.

LCL Resources has renegotiated its sale option agreement with Tiger Gold Corp, increasing the total consideration to $14 million and removing the 'Stay Private' clause. The revised terms will be presented for shareholder approval at the upcoming AGM.

Emmerson Resources has expanded the White Devil gold deposit resource by 25% to over 611,000 ounces and initiated advanced exploration techniques including a drone magnetic survey and a new drilling program.

C29 Metals has signed a binding Heads of Agreement with Bask International Group to form a joint venture targeting advanced copper and gold exploration projects in Kazakhstan, aiming to rapidly expand its portfolio and scale.

Adelong Gold is set to begin a significant diamond drilling campaign at its Apollo Gold Project in Victoria, aiming to extend high-grade gold mineralisation in the Dig Fault Zone. The program follows all approvals and a contract with GMP Exploration Drilling, with results expected to shape future resource modelling.

Evergreen Lithium Limited has acquired the Leonora Goldfields Project in Western Australia, marking a strategic pivot into gold production with a JORC-compliant inferred resource of 63,000 ounces and exploration upside of up to 592,000 ounces.

Classic Minerals Limited has completed the sale of its Kat Gap tenements for A$7 million, using the proceeds to retire debt and accelerate exploration at its Lady Ada and Lady Magdalene gold projects within the Forrestania region.

Advance Metals Limited has successfully raised $2.55 million to fund follow-up drilling at its high-grade Myrtleford Project in Victoria and initiate maiden drilling at its Yoquivo Silver-Gold Project in Mexico.