Latest Gold Exploration News

Saturn Metals has locked in $100 million from a two-tranche placement, anchored by major shareholders including Golden Crane, to push its Apollo Hill Gold Project towards production. A $5 million Share Purchase Plan will offer further participation to existing investors.

Golden Dragon Mining has raised A$2.2 million through a strategic placement to Chengtun Gold, a subsidiary of Shanghai-listed Chengtun Mining Group, at a near 18% premium. The deal grants Chengtun a board seat and aims to accelerate exploration at the Cue Gold Project.

Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Gold Project, a high-grade asset in Victoria’s Eastern Goldfields, while progressing due diligence on a strategic Victorian portfolio and reporting encouraging assay results from its Tasmanian projects.

Asara Resources has reported standout assay results from new drilling at the southern edge of its Massan Deposit in Guinea, highlighting broad and high-grade gold mineralisation that could boost the project’s resource base ahead of an August update.

Skylark Minerals has completed Phase 1 drilling at its M’Basso Prospect, extending gold mineralisation to 750m strike and reporting broad high-grade intersections. The company also secured 100% ownership of the Vavoua Gold Project in Côte d’Ivoire.

CZR Resources has reported new drilling results from its Croydon Gold Project, revealing high-grade gold intercepts and extending mineralisation to over 700m strike and 220m depth.

Tolu Minerals has reported robust new gold intersections from 17 diamond drill holes at its Tolukuma Gold Mine, bolstering a revised geological model and supporting an updated Mineral Resource Estimate due in August 2026.

Santana Minerals made significant strides in the June quarter at its Bendigo-Ophir Gold Project, progressing regulatory approvals, expanding mineralisation, and securing robust funding to underpin development plans.

New Age Exploration (ASX: NAE) has completed Phase 2 drilling at its Lammerlaw Gold-Antimony Project in New Zealand, revealing a new shear-hosted gold discovery at the Bella Prospect. Concurrently, the company has begun field exploration at its recently acquired Wallah Silver Project in NSW, setting the stage for maiden drilling.

Green & Gold Minerals has swiftly advanced exploration at its newly acquired Herberton Conductor Metals Project, delivering impressive rock chip assays and completing drilling campaigns, while its Chillagoe Gold Project benefits from nearby mill ownership and expanded drilling capacity.

American West Metals is progressing its Storm Copper Project towards near-term production while expanding critical metals resources at West Desert, supported by a US$40 million financing and offtake deal.

Metal Bank is pushing its Western Australian gold projects closer to production while expanding critical minerals exploration in Queensland, supported by a $1.2 million placement.