Latest Gold Discoveries News

Yandal Resources has reported two significant gold discoveries within 11 months and a strong cash position of $17.3 million, setting the stage for an aggressive exploration campaign in 2026.

Capricorn Metals has secured the Extension Hill and Mungada tenements adjacent to its Mt Gibson Gold Project, aiming to boost exploration potential in a prolific Western Australian gold belt.

Southern Cross Gold has extended its Golden Dyke discovery by 200 metres west at the Sunday Creek project, revealing 16 vein sets including 10 new ones and delivering some of the highest-grade gold results globally.

Tambourah Metals reports robust high-grade gold discoveries at Beatty Park South and Tambourah King, alongside promising critical minerals results at Speewah North, supported by active drilling and strong funding.

Tempest Minerals has completed the sale of its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, while retaining key iron ore rights. The deal includes potential milestone payments tied to future gold discoveries and mining progress.

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Hot Chili Limited has successfully closed a A$40 million private placement, bolstering funding to accelerate development of its Costa Fuego copper-gold project in Chile. Major shareholders and institutional investors backed the oversubscribed raise, positioning the company for near-term production milestones.

Taiton Resources reports no significant gold from Challenger West drilling but identifies promising geological indicators, while gearing up for a major drill campaign at the Yogi prospect targeting IOCG and rare earth elements.

CZR Resources has reported significant gold assay results from its 2025 drilling at the Top Camp deposit, confirming a major discovery within the Croydon Gold Project. The company plans to resume drilling in March 2026, aiming to expand its promising gold system.

New Age Exploration’s latest drill assays reveal a promising intrusion-related gold system at the Wagyu Gold Project, expanding the known mineralisation and validating its geological model.

Olympio Metals has resumed drilling at its Bousquet Gold Project in Quebec, focusing on the Paquin Prospect to build on last year’s high-grade gold discoveries. The new program aims to modernise data and explore previously under-drilled shallow zones.