Latest Gold Exploration News

Raiden Resources has made significant strides in its December 2024 quarter exploration, completing maiden drilling at Andover South and advancing projects at Mt Sholl and Arrow, supported by a $10 million capital raise.

E79 Gold Mines Limited reported a $169,000 net cash outflow from operating activities for the December 2024 quarter, maintaining a solid cash balance of $1.46 million as it continues its exploration efforts.

Gullewa Limited reports steady progress on its Hunter Valley subdivision and South Darlot gold exploration, alongside a significant royalty payment from Silver Lake Resources.

Southern Cross Gold Consolidated Ltd. reported a significantly reduced net loss of $2.41 million for Q2 2024, down from $43.69 million a year earlier, as it sharpens focus on its Australian gold projects following a major corporate restructuring.

Gateway Mining Ltd has fortified its balance sheet through the sale of its Eastern Montague Gold Project, positioning itself for an aggressive exploration campaign in 2025 focused on the Barrelmaker Gold and Montague Range Base Metals projects in Western Australia.

African Gold Ltd has voluntarily suspended trading of its shares pending a critical announcement on exploration results and a response to a price query, signaling a pivotal moment for the miner.

Surefire Resources NL has announced a significant extension of gold mineralisation at its Yidby Gold Project, now exceeding 500 metres in strike length. The company’s recent drilling and metallurgical test work support plans for a low-cost heap leach operation.

Strata Minerals Ltd is set to commence its inaugural drilling program at the Penny South Gold Project in Western Australia, targeting extensions of world-class high-grade gold deposits. Concurrently, exploration activities are gearing up at the Biranup Gold Project, promising a busy year ahead for the ASX-listed explorer.

Metal Hawk Limited reports exceptional high-grade gold discoveries at its Leinster South Project, alongside a successful $2.5 million capital raise, setting the stage for imminent drilling activities.

Future Battery Minerals Ltd reports significant progress at its Coolgardie Lithium Projects with new lithium anomalies identified and drilling planned for H1 2025, supported by a robust cash balance following the sale of its Nevada Lithium Project.

Capricorn Metals Ltd has reported a substantial 41% increase in the Ore Reserve Estimate at its Mt Gibson Gold Project, driven by ongoing drilling that continues to deliver exceptional high-grade results and promising underground potential.

Horizon Minerals reported a $5.165 million cash outflow for Q4 2024 but bolstered its liquidity with a capital raising in January 2025, extending its runway amid ongoing exploration investments.