Latest Gold Drilling News

Alliance Nickel is advancing its NiWest project by exploring vat leaching to reduce capital costs and has completed initial gold drilling at Wanbanna, while continuing offtake talks with Stellantis and considering a NASDAQ listing via de-SPAC.

Medallion Metals has confirmed high-grade historical gold mineralisation at the Lounge Lizard deposit within its newly acquired Forrestania Gold Project, setting the stage for a maiden resource estimate targeted for the third quarter of 2026.

Ballard Mining reports promising high-grade gold drill results from its Mt Ida regional prospects, accelerating a major 220,000m drilling program aimed at extending mine life and boosting production.

Australian Mines Limited has reported its strongest gold drill intercept to date at the Boa Vista Gold Project in Brazil, extending mineralisation both along strike and down dip. These results highlight the potential for a large-scale bulk-tonnage gold system.

Caprice Resources has raised $12.74 million in a strongly supported placement to accelerate exploration drilling across its Murchison Gold Projects, positioning the company for a busy period of assay results and new targets.

Lunnon Metals reports robust drilling results at Lady Herial, confirming significant high-grade gold mineralisation beyond current open pit plans and signalling potential for an expanded mining footprint.

Hot Chili Limited has reported further strong near-surface copper-gold drill results at its La Verde porphyry discovery in Chile, reinforcing the potential for a higher-grade starter pit within the Costa Fuego project. Visual mineralisation from deeper drilling suggests significant expansion of the high-grade core, with assays pending.

AuMEGA Metals has launched a C$10 million private placement to fund an extensive drilling program targeting high-potential gold and base metal prospects in Newfoundland’s Cape Ray District. The financing aims to unlock value from its significant mineral resources and strategic landholdings.

Dundas Minerals has raised $2.5 million through a strongly supported share placement to fund gold exploration drilling at its Kalgoorlie and expanded Romano projects in Western Australia.

Carnaby Resources has reported significant shallow, high-grade copper and gold drill results at its Trek 1 prospect, reinforcing the potential for an open pit development within the Greater Duchess Copper Gold Project.

Marmota Limited has raised $15 million through a well-supported placement, aiming to fast-track exploration at its promising Gawler gold project. The capital injection comes with strong institutional backing and sets the stage for upcoming drilling campaigns.

BPM Minerals has raised A$3.5 million in a placement anchored by Terra Capital and Tribeca Investment Partners to accelerate exploration at its promising Forelands Gold Project in Western Australia.