Latest Gold Exploration News

Magmatic Resources has launched its Phase 2 drilling campaign at the promising Weebo Gold Project in Western Australia, building on encouraging Phase 1 results that revealed high-grade gold mineralisation.

Taiton Resources has secured regulatory approval to launch its first-ever drilling campaign at the Challenger West project in South Australia, targeting promising gold anomalies near a major existing mine.

SQX Resources has validated and surpassed historical gold grades at its Red Bird Project in Arizona, with assays reaching 49.2 g/t Au. A maiden drilling campaign is planned for January 2026 to explore this promising gold system further.

Volt Resources has raised $2.23 million through a share placement to fund the feasibility study and development of its high purity graphite refinery in Alabama, alongside advancing a pilot plant for ultra-high purity graphite.

Savannah Goldfields Limited has explained the late filing of a director’s interest notice, attributing it to an oversight during an entitlement offer. The company affirms its compliance processes remain robust despite the delay.

Uvre Limited reports compelling high-grade rock chip assays from its New Zealand gold projects, with drilling advancing at its flagship Waitekauri site near OceanaGold’s Waihi mine. The results underscore significant exploration upside in historically rich brownfields areas.

Dreadnought Resources has completed a significant reverse circulation drilling campaign across its Mangaroon Gold and Critical Metals projects, setting the stage for upcoming assay results and diamond drilling programs. The company is also advancing exploration at its Illaara Gold Project with Metzke’s Find drilling commencing soon.

Bastion Minerals has agreed to acquire the Ninnis Gold Project in Western Australia’s Northern Goldfields for $125,000 in shares plus a 1.5% royalty, marking a strategic move into a prolific gold region. The early-stage project shows promising geological similarities to major nearby deposits, with exploration set to begin immediately after completion.

Forrestania Resources has retracted its previous reference to a third-party Mineral Resource Estimate for the Hyden Project, clarifying it has yet to complete its own JORC-compliant assessment. Meanwhile, the company highlights strong growth across its Western Australian gold portfolio and strategic acquisitions.

Sarama Resources has formally filed a US$242 million damages claim against Burkina Faso following the expropriation of its Tankoro 2 Exploration Permit, marking a pivotal step in its international arbitration process.

Loyal Metals has raised $3.5 million in a well-supported placement, extending its funding to $8.2 million to accelerate drilling and advanced exploration at the Highway Reward Copper-Gold Mine.

West Cobar Metals has raised $1.5 million through a discounted share placement to fund key exploration and testwork at its critical minerals projects, signalling renewed momentum in its development pipeline.