Latest Gold Drilling News

Catalina Resources has executed the mining lease transfer for its Nelson Bay River project, paving the way for up to $1.29 million in rehabilitation security to be recovered. The company plans to redirect the capital into November drilling at its Kirkalocka gold and Tallering tungsten projects, subject to final heritage clearance and regulatory steps.

Nexus Minerals has secured firm commitments for a A$5.4 million placement to fund drilling and exploration across its Wallbrook Gold Project and NSW Mineral Project. The raise is priced below recent market benchmarks and is expected to lift cash above A$8.7 million before costs.

Tambourah Metals has tightened drilling across its Tambourah King gold lode, returning several encouraging intersections ahead of a planned maiden resource estimate. Shallow results at Western Chief add a second exploration thread, although the system remains lightly tested at depth.

TechGen Metals has emerged from a year of lower losses and stronger cash reserves with three gold projects lined up for drilling, while copper and base-metal targets remain in the portfolio. The funding runway is improved, but the August capital raising and new director securities add a material dilution question.

Empire Resources has identified four magnetic anomalies and prioritised two for drilling at its renamed Bradley Well project in Western Australia. Historical copper intercepts provide geological clues, but the targets remain untested and drilling timing depends on rig availability.

Rumble Resources is preparing three drilling campaigns across Western Australia while an updated Western Queen study approaches its expected late-September release. The programs target resource growth at Wardawarra and Munarra Gully, alongside previously identified gold systems at Thunderstorm.

BPM Minerals has secured the final approvals for a maiden approximately 10,000-metre RC drilling campaign at its untested Bonnie and Clyde prospect in Western Australia. Drilling is expected to begin within 5-10 days, putting a more than 6-kilometre gold-in-soil anomaly to its first meaningful test.

Gateway Mining has secured firm commitments for a A$45 million placement, including A$20 million from Jupiter Asset Management, to fund an aggressive exploration campaign at its Yandal Gold Project. The raising follows a high-grade Cowza result and will issue 562.5 million new shares at a discount to market.

Rua Gold has reported its highest-grade Auld Creek drilling results to date, including 0.6 metres at 136.2 g/t gold equivalent and 2.9 metres at 38.8 g/t gold equivalent. The company has completed 19,600 metres of resource drilling and is targeting an updated resource, approvals application and pre-feasibility study before year-end.

Green & Gold Minerals (ASX:GG1) is raising $3.2 million through a 1-for-2 renounceable rights issue priced at 10 cents per share to fund aggressive drilling programs targeting copper-silver-tin at Herberton and gold resource expansion at Chillagoe's Mt Wandoo.

Dundas Minerals (ASX:DUN) posted a $5.05 million net loss for FY2026 while advancing its Western Australian gold projects and refreshing its leadership team.

Koonenberry Gold has identified compelling drill-ready copper and gold targets at its Wilga Flats Project near Evolution Mining’s Cowal Gold Mine, with drilling set to begin after Dunedoo operations conclude.