Latest Gold Drilling News

Norwest Minerals has successfully closed a $4.85 million entitlement offer, positioning itself to advance exploration and drilling at its Bulgera gold project. The capital raise aims to unlock the potential of a 218,000-ounce gold resource.

Patriot Resources has successfully raised $2.2 million through an oversubscribed share placement, signaling strong investor confidence as it advances exploration in Zambia and other projects.

Sunshine Metals has secured nearly $400,000 in Queensland government grants to advance drilling and geophysical surveys at its Ravenswood Consolidated Project, targeting promising gold and copper deposits.

Lion Selection Group has committed $1 million to Koonenberry Gold’s $5 million placement, increasing its stake to nearly 7% following promising gold discoveries at the Enmore project.

Hillgrove Resources has reported multiple new high-grade copper-gold drill results at its Nugent underground deposit, extending mineralisation well beyond the current resource estimate and accelerating development plans.

Stavely Minerals is set to restart reverse circulation drilling at its Fairview gold prospect in Western Victoria, aiming to validate a major mineralised structure linked to high-grade copper-silver zones nearby. This move reflects a strategic pivot towards gold exploration in response to soaring gold prices.

High-Tech Metals has signed a joint venture with SSH Mining to drill, test, and sell historic low-grade gold stockpiles at Mt Fisher, aiming for early cash flow and project advancement.

Great Western Exploration has reported its most compelling geochemical signature to date at the Oval Copper-Gold Target, setting the stage for a focused ground gravity survey to refine exploration for a major VHMS system.

Duketon Mining has advanced exploration activities at its Killarney and Barlee gold projects, with new sampling and drilling programs underway pending approvals.

Albion Resources has identified three promising gold drill targets at its Barwidgee prospect in Western Australia, setting the stage for its maiden drilling campaign in June 2025. These targets are supported by recent geophysical and geochemical surveys indicating potential gold-related sulphide mineralisation.

Asara Resources reveals a robust 923,000-ounce gold resource at its Kada Project in Guinea’s prolific Siguiri Basin, setting the stage for extensive drilling and expansion in 2025.

Unico Silver’s initial Phase 1 drilling at the Joaquin project delivers compelling high-grade silver and gold results, expanding the La Negra resource and revealing a promising new zone at Brunilda. A second drill rig is now accelerating deeper exploration.