Latest Gold Discoveries News

Australian Gold and Copper Ltd (ASX: AGC) is set to expand its NSW footprint by acquiring the Junee Gold Project for $5.4 million in shares, supported by a concurrent $5 million placement to accelerate exploration.

High-Tech Metals has reported exceptional metallurgical test results from its Wagtail Gold Deposit at Mt Fisher, confirming high gold recoveries and processing flexibility that could lower costs and boost throughput.

Gateway Mining’s initial aircore drilling at Celia South and Great Western Shear Corridor reveals significant high-grade gold mineralisation, confirming a large, underexplored gold system at Yandal. The company plans RC drilling to accelerate resource growth beneath these promising hits.

Stavely Minerals has issued its Tranche 2 placement shares following shareholder approval, with key investors increasing stakes. The company eyes a mid-year scoping study and imminent diamond drilling at promising copper-gold-silver and gold prospects.

Avenira Limited has approved a $2.6 million budget to kickstart a comprehensive drilling and sampling campaign at its Jundee South Gold Project in Western Australia, aiming to unlock new gold targets within the prolific Yandal-Wiluna province.

Gorilla Gold Mines has reported a fresh wave of high-grade gold intercepts at its Sovereign Deposit, significantly extending the mineralised zone within its North Kalgoorlie Hub portfolio.

AusQuest has reported significant near-surface copper-gold mineralisation from its latest RC drilling at the Cangallo project in Peru, setting the stage for a substantial diamond drilling campaign targeting deeper, higher-grade zones.

Yugo Metals has unveiled promising initial gold results from its first-ever drilling at the Erak Prospect within the Sinjakovo Project, marking a significant step forward in its European exploration campaign.

Talisman Mining has appointed Todd Ross as CEO, initiating a leadership transition as the company advances drilling programs in NSW. Ross's extensive mining and finance background aims to unlock value across Talisman's exploration portfolio.

WIN Metals has completed its acquisition of the fully permitted Princess Royal Gold Mine, adding high-grade ounces and promising satellite prospects to its Radio Gold Project in Western Australia.

OzAurum Resources has reinforced the potential of its Mulgabbie North Paleochannel Project with robust shallow, high-grade gold results from 112 reverse circulation drill holes, while progressing the commissioning of its heap leach plant to support a scalable, low-capex gold operation.

Altitude Minerals has locked in a 2,300m drilling permit and contracted a rig to test high-priority copper-gold targets at its Byrock Project in NSW, with drilling set to start mid-June 2026.