Latest Gold Exploration And Mining News

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

MetalsGrove Mining has responded to an ASX price query following a sharp rise in its share price and trading volume, confirming no undisclosed material information exists and providing an update on its ongoing gold exploration in Côte d’Ivoire.

Novo Resources has significantly expanded the exploration target at its Belltopper Gold Project in Victoria, incorporating new reef discoveries and extensions that increase potential gold ounces by up to 54%. The company plans drilling in the second half of 2026 to further validate these promising findings.

Golden Cross Resources reported a quiet December quarter with ongoing preparatory work at its flagship Copper Hill copper-gold project, while its ASX securities remain suspended pending operational compliance.

Benz Mining Corp. has raised A$75 million through a bought deal placement, significantly strengthening its cash reserves to nearly A$94 million. This capital injection will accelerate exploration and resource development at its Glenburgh and Mt Egerton Gold Projects in Western Australia.

Gateway Mining has announced a significant new gold discovery at its Haflinger target within the Yandal Gold Project, with drilling intersecting 52 metres at 1.4g/t gold, including a higher-grade 12-metre section at 3.1g/t. This extends a mineralised trend over 500 metres, highlighting a structurally complex and promising geological setting.

Miramar Resources has restructured its board, appointing Marion Bush as Managing Director and Jono Fisher as Non-Executive Chairman, aiming to drive growth and exploration success in Western Australia.

Terrain Minerals has kicked off a significant 6,800-metre drilling program at its Lightning and Wildflower prospects in Western Australia, aiming to define a maiden gold resource by mid-2026. Assay results are expected to start flowing in February, setting the stage for a pivotal year in the company’s exploration journey.

Adelong Gold’s initial diamond drilling at the Lauriston Gold-Antimony Project has revealed visible gold, validating historic high-grade results and setting the stage for an expanded exploration campaign.

Augustus Minerals has expanded gold anomalies at its Music Well project in Western Australia through extensive soil sampling, prioritizing Clifton East for upcoming drilling. The discovery of new undercover targets signals promising exploration upside in a prolific gold region.

Warriedar Resources shareholders have overwhelmingly approved a scheme of arrangement for acquisition by Capricorn Metals, clearing a key hurdle ahead of final court approval and delisting.