Latest Gold Discovery News

Turaco Gold Limited has reported significant drilling success at its Afema Project in Côte d'Ivoire, confirming new gold discoveries and advancing its maiden JORC Mineral Resource Estimate to 2.52 million ounces. The company also secured $35 million in funding and increased its stake in the project to 80%.

Bayan Mining and Minerals has secured exploration rights over a 13,406-hectare gold-rich area in southern Brazil, positioning itself near significant gold anomalies and withdrawing from its Canadian lithium option to focus on high-potential assets.

Verity Resources has confirmed a new mineralised gold zone at its Monument Gold Project in Western Australia and successfully raised approximately $600,000 through a recent rights issue, positioning the company for further exploration and development.

St Barbara has secured A$100 million to fast-track its Simberi Sulphides project, aiming to bring forward production by up to five months, even as Q2 gold output fell short of expectations due to operational challenges.

Hamelin Gold's December 2024 quarterly report reveals a significant new gold mineralisation zone at the Jazz prospect in the Tanami Province, alongside ongoing exploration advances in the Yilgarn Province and a new tenement application for the Venus project.

Tennant Minerals has advanced its high-grade Bluebird copper-gold discovery with an extensive drilling campaign and forged a strategic alliance to accelerate resource development in the Tennant Creek region.

Coppermoly Limited has advanced its Mt Isa exploration program with fresh geophysical surveys and strategic board appointments, aiming to unlock new copper and gold targets in Queensland.

OzAurum Resources reports a dynamic quarter with fresh drilling targets at Mulgabbie, high-grade gold at Patricia, and promising niobium anomalies in Brazil, supported by a $1 million capital raise.

Lodestar Minerals has raised $520,000 through a share placement to fund its inaugural reverse circulation drilling at the Darwin gold project in Chile, signaling a pivotal step in its exploration strategy.

Southern Cross Gold Consolidated has reported exceptional high-grade gold intersections from deep drilling at its Christina prospect, confirming robust mineralization extending 350 metres below previous hits and expanding the Sunday Creek project's footprint.

Strickland Metals has reported exceptional drilling results from its Rogozna Project in Serbia and Yandal Project in Western Australia, alongside a robust financial footing to support ongoing exploration.

AusQuest Limited has announced a significant porphyry copper-gold discovery at its Cangallo Project in Peru, marking a potential turning point ahead of an active 2025 exploration calendar. The company also secured $2.4 million in funding to advance drilling programs across its Peru and Australian assets.