Latest Gold Exploration News

Yandal Resources has confirmed a significant new gold discovery at its Arrakis prospect, supported by strong drilling results, and secured $13.5 million in fresh capital to fast-track exploration across key projects.

Benz Mining Corp. has completed the acquisition of the remaining 25% interest in its Quebec-based Eastmain Gold Project and Ruby Hill Properties, consolidating full ownership and enhancing its strategic gold portfolio.

ENRG Elements Limited has completed a $1.6 million entitlement offer while advancing a strategic review of its portfolio, including relinquishing Canadian lithium licenses and focusing on uranium and copper assets.

Enterprise Metals reports encouraging preliminary gold assay results from its recent drilling at the Vulcan Prospect within the Doolgunna Project, highlighting significant near-surface mineralisation and potential for a substantial gold deposit.

Tesoro Gold Limited has announced plans for a 15-for-1 share consolidation aimed at simplifying its capital structure and enhancing its appeal to investors, pending shareholder approval at the November 26 meeting.

Mount Burgess Mining has extinguished nearly $4.7 million in legacy debt and acquired promising gold projects in Western Australia, positioning itself for growth with a fresh capital raise and new board leadership.

Centaurus Metals has achieved a major milestone with the granting of the Jaguar Nickel Sulphide Project mining lease and reported promising new copper-gold discoveries at its Boi Novo project, underpinning its growth ambitions in Brazil.

Black Dragon Gold’s latest quarterly report highlights strong local backing for its Salave gold project in Spain, alongside a key director resignation and a stable cash position of CAD$882,000.

Savannah Goldfields reported a challenging quarter with significant cash outflows but bolstered its position through a $15 million equity raise, setting the stage for a planned restart of gold production.

Savannah Goldfields is on the cusp of restarting gold production at its Georgetown plant, backed by promising exploration results and a $15 million capital raise to fund growth and debt repayment.

Killi Resources has expanded its exploration footprint at the Mt Rawdon West Project in Queensland, revealing new mineralisation zones including a significant extension of the Allendale Lode with copper assays up to 3.3%. Advanced LiDAR analysis has also uncovered over 200 historical workings, reshaping the project's target landscape.

PC Gold Ltd has clarified the timing, costs, and disclosure of its recent drilling and assay programs at the Spring Hill Project, affirming compliance with ASX rules ahead of its IPO.