Latest Gold Drilling News

Hot Chili Limited launches a A$14 million rights issue to fund key strategic initiatives, including advancing its La Verde copper-gold discovery and completing asset-level partnering processes within the Costa Fuego Project in Chile.

Stavely Minerals has raised A$1.9 million through a placement to fund drilling at its promising gold prospects, including Fairview North and South. The move aims to accelerate exploration and deliver new insights later this year.

Loyal Metals has raised $2 million through a targeted placement to accelerate exploration at its newly acquired Highway Reward Copper-Gold Mine, leveraging cutting-edge AI and drone technologies.

Sipa Resources is poised to begin a heritage survey at its Crown Gold Project in Western Australia, a critical step ahead of its maiden aircore drilling program scheduled for September. This move follows extensive groundwork to refine drill targets and signals continued momentum in the company’s 2025 gold exploration campaign.

Surefire Resources NL has progressed drilling at its Yidby Gold Project with promising metallurgical results, while advancing development of its Victory Bore critical minerals deposit. The company also launched a capital raising to support ongoing exploration and development.

Mt Malcolm Mines has completed significant drilling at its Golden Crown and Dumbarton prospects, revealing high-grade gold intercepts and securing nearly $2 million in funding to support ongoing exploration.

Asra Minerals has completed a major drilling campaign at its Leonora South Gold Project and secured $3 million in fresh capital to fast-track exploration, alongside key leadership appointments and strategic asset realignments.

Aurumin Limited reports strong drilling results at Johnson Range, secures a $4 million joint venture with Newcam Minerals, and announces a $60 million merger with Brightstar Resources, positioning itself for accelerated development in the Sandstone Gold District.

Reedy Lagoon Corporation has identified several promising gold drill targets at its Burracoppin project while seeking a farm-in partner for its iron venture, signaling a pivotal phase in exploration and development.

Dundas Minerals has significantly expanded its gold exploration footprint by acquiring a dominant 612km² tenement position in the underexplored Gerry Well greenstone belt and received approvals for key drilling programs at its Kalgoorlie projects.

Magmatic Resources has secured the Weebo Gold Project in Western Australia and reported encouraging copper-gold drill results at its Myall Project, maintaining a robust cash position of $4.7 million.

Red Metal Limited’s June 2025 Quarterly Report highlights significant metallurgical advances at its Sybella rare earth project and accelerated drilling programs across copper-gold and gold targets, supported by government grants and resource upgrades.