Latest Gold Development News

Minerals 260 Limited has completed a transformative $220 million capital raise alongside acquiring the Bullabulling Gold Project, positioning itself as a significant gold developer with a 2.3 million ounce resource. The company has launched an extensive 80,000-metre drilling program to unlock further resource potential.

Sunstone Metals Limited reports maiden resource estimates and exploration targets for its Ecuador copper-gold projects, while progressing multiple corporate partnership discussions to unlock value.

Hot Chili Limited has achieved priority project registration for its Costa Fuego and Huasco Water copper-gold developments in Chile, unlocking streamlined government approvals and reinforcing its strategic growth trajectory.

Delta Lithium has announced a substantial 46% increase in the gold resource at its Mt Ida Project, now exceeding 1.1 million ounces, alongside plans to spin off its gold assets into a new ASX-listed entity, Ballard Mining.

De Grey Mining Ltd proposes a scheme of arrangement for acquisition by Northern Star Resources Ltd, offering a 37.1% premium and resulting in a 20% stake for De Grey shareholders in the merged group. The scheme booklet, including an Independent Expert's Report by KPMG, concludes the scheme is fair and reasonable and in the best interests of De Grey shareholders, subject to no superior proposal.

Brightstar Resources Limited reveals an ambitious growth strategy targeting a significant production ramp-up in 2025, anchored by its Laverton and Menzies hubs and supported by a robust mineral resource base.

Zenith Minerals has secured Program of Work approval to launch a new drilling campaign at its Dulcie Far North gold project, following a 40% resource increase. The company is also advancing development studies and exploring multiple new regional gold targets.

Astral Resources has launched a recommended takeover offer to acquire Maximus Resources, creating a leading Western Australian gold developer with combined mineral resources of approximately 1.8 million ounces.

Astral Resources has launched a recommended takeover offer for Maximus Resources, valuing the company at $31 million and combining their gold resources to form a leading Western Australian developer with approximately 1.8 million ounces of gold.

Horseshoe Metals has broadened its Horseshoe Lights project area and entered a strategic agreement with Melody Gold to process gold surface materials, advancing its copper-gold development plans in Western Australia.

Caprice Resources has launched a 5,000m drilling program at its Island Gold Project and expanded its West Arunta copper-niobium exploration tenure, supported by a $2.5 million capital raise. The company is sharpening its focus on high-grade gold assets in the Murchison goldfields while advancing large-scale greenfield projects.

Venus Metals Corporation has initiated a reverse circulation drilling campaign at its Hilltop Prospect within the Henderson Gold Project, aiming to test promising high-grade gold mineralisation identified in recent sampling.