Latest Gold Exploration News

E79 Gold Mines has executed a binding agreement to acquire a majority stake in the Cue Gold Project, a highly prospective asset in Western Australia's Murchison region, backed by a successful $3 million capital raise to fast-track exploration.

Advance Metals has raised $13 million in a strongly supported placement led by global institutional investors, positioning the company to accelerate exploration across its high-grade silver and gold projects in Mexico and Victoria.

GoldArc Resources has responded to ASX inquiries about recent unusual trading activity, attributing it to early-stage mining discussions and anticipation of assay results from its Leonora South Gold Project.

GoldArc Resources has unveiled strong assay results from its Leonora South drilling program, confirming a robust gold system at Eclipse and Challenge prospects with high-grade, near-surface mineralisation. The company is now targeting a maiden Mineral Resource Estimate and further drilling to expand the resource.

Askari Metals has announced a $1.5 million rights issue to fund a maiden drilling campaign at its Nejo Gold and Copper Project in Ethiopia, aiming to unlock significant value in a promising underexplored region.

Nordic Resources has raised A$1.75 million through a strategic placement with Australian resource funds to advance exploration and development of its Finnish gold projects, including the sizeable Kopsa deposit.

CGN Resources has expanded its footprint in Western Australia's prolific gold belt by securing two new exploration licences near Leonora, enhancing its Panhandle Project and complementing the nearby Christmas Well Project. Initial drilling is slated for late 2025, targeting underexplored gold-bearing structures.

Kalgoorlie Gold Mining has secured $2.3 million through strong option exercises, boosting its cash reserves to $5 million and enabling an expanded drilling campaign at its Pinjin Gold Project.

Gorilla Gold has reported compelling high-grade drill results at its Mulwarrie Gold Project in Western Australia, setting the stage for an ambitious resource expansion drilling campaign starting November 2025.

Iceni Gold has reported a significant new gold intersection hosted in basalt at its Guyer project, expanding the known mineralised footprint beneath transported cover. This discovery emerges from a major drilling campaign within its 14 Mile Well Gold Project.

Scorpion Minerals has addressed recent spikes in its share price and trading volume, attributing the activity to rising global gold prices and imminent assay results from its Pharos Gold Project.

Panther Metals Limited has released a maiden scoping study for its Burtville East Gold Project, revealing strong economics and high-grade open pit potential. The study highlights an NPV8 of A$26.6 million and an IRR of 44%, underpinning the project's promising outlook.