Latest Gold Discovery News

Sierra Nevada Gold (ASX: SNX) has swiftly mobilised three drill rigs to commence a 5,000m Phase 1 program at its As Safra copper-gold project in Saudi Arabia, following exploration licence approval by Royal Decree. The campaign targets a district-scale mineralised system with results expected by late May.

Resolution Minerals is set to kick off a major 13,700-metre diamond drilling program at its Golden Gate project in Idaho, aiming to expand gold discoveries and delineate tungsten mineralisation near historical workings.

CZR Resources has unveiled strong assay results from its Croydon Gold Project, confirming a significant gold system open in all directions. The company advances exploration at Edamurta and Yarrie, supported by a robust cash position.

Prodigy Gold has boosted the indicated resource at its Hyperion Gold Deposit by 70%, lifting total resources to 454,000 ounces and progressing key mining approvals and joint ventures.

TG Metals has expanded its Van Uden gold resource to 270,800 ounces with a 120% increase in indicated ounces, discovered new mineralisation 550m south, and filed a lithium processing patent at Lake Johnston.

Gorilla Gold Mines has uncovered two new shallow, high-grade gold zones at its Comet Vale project, prompting an accelerated drilling campaign to explore the significant growth potential within its North Kalgoorlie Hub resource base.

OzAurum Resources has reported robust shallow gold intercepts from initial drilling at its Mulgabbie North Paleochannel Project, reinforcing potential for resource growth along a 4km trend.

CZR Resources has launched a new drilling campaign at its Croydon Gold Project, focusing on extending known mineralisation and testing for high-grade ore shoots and Hemi-style intrusions. The program leverages recent geological insights and a robust $67 million cash position.

Golden Horse Minerals delivered robust drilling results at Southern Cross in Q1 2026, including visible gold at depth and strong shallow intercepts, supported by a healthy cash reserve of $39.3 million.

Kincora Copper has kicked off a capital-efficient, sole-funded drilling campaign at its 100%-owned Condobolin gold-silver-base metals project in NSW’s Cobar Basin, targeting extensions to the high-grade Meritilga discovery and testing new geochemical and geophysical anomalies.

Ballard Mining has unveiled new high-grade gold intercepts at its Ayla prospect and extended mineralisation at Golden Vale, suggesting the entire 13km Ballard Fault zone at Mt Ida may be mineralised. The company is accelerating drilling to support production growth beyond the 1.0 Moz Baldock deposit.

Yandal Resources has confirmed a 100m southeast extension of high-grade gold mineralisation at its Arrakis discovery, with significant new RC drill results supporting underground exploration potential.