Latest Gold Drilling News

AusQuest Limited has raised A$10 million through a share placement to expand drilling at its promising Cangallo copper-gold project in Peru, aiming to unlock higher-grade mineralisation.

Arika Resources has secured $5.7 million through a heavily oversubscribed placement to accelerate drilling at its Yundamindra and Kookynie gold projects in Western Australia, with directors committing $0.65 million themselves.

Ardiden Ltd has completed its merger with Lac Gold, combining two premier Canadian gold projects and raising $10 million to fund upcoming drilling programs. The merger creates a stronger, cash-rich entity poised for growth in Quebec and Ontario.

Santana Minerals has reported exceptional high-grade gold drill results at the Rise & Shine deposit, confirming continuity of its core mineralisation and extending underground mine life by 60%. These findings reinforce the geological model and hint at a larger operation ahead.

Odyssey Gold’s latest drilling results at the Tuckanarra Project reinforce the Highway Deposit’s high-grade gold potential, aligning closely with the 2024 resource model and supporting an imminent resource upgrade.

Orange Minerals NL has commenced a 650m diamond drilling program at its Lennon’s Find polymetallic project in Western Australia, targeting a deep geophysical anomaly that could reveal new mineralisation beneath an existing resource.

Corazon Mining has successfully raised $1.8 million through a placement to fast-track exploration at its Two Pools and Feather Cap gold projects in Western Australia. The funding sets the stage for maiden drilling programs in early 2026, aiming to confirm high-grade historical results.

Dateline Resources reports robust gold intercepts from recent drilling at its Colosseum Gold-REE Project in California, exceeding current resource grades and supporting an updated mineral resource estimate and ongoing feasibility study.

Pursuit Minerals has satisfied all acquisition conditions for the Sascha Marcelina Gold Project in Argentina and is advancing exploration with a focus on high-potential drill targets. Concurrently, the company progresses its Rio Grande Sur Lithium Project feasibility study, positioning itself for dual-commodity growth.

Mount Burgess Mining NL has initiated reverse circulation drilling at the Viking Gold Project in Western Australia, targeting a promising high-grade shallow gold zone at the Beaker 2 prospect. This marks a key step in unlocking value from their newly acquired asset.

Centaurus Metals has restarted diamond drilling at its newly enlarged Boi Novo Copper-Gold Project in Brazil’s prolific Carajás Mineral Province, aiming to build on promising high-grade copper-gold intersections and explore largely untested ground.

Green & Gold Minerals has reported promising drill results from its Chillagoe Gold Project, extending mineralisation at Little Wandoo and confirming high-grade zones at Mt Wandoo. These findings suggest potential resource growth and increased confidence ahead of a planned resource update.