Latest Gold Exploration News

Corazon Mining has confirmed shallow, high-grade gold mineralisation at its Wembley prospect in Western Australia, with drilling extending the known system about 60 metres east of historic work. Seven assays remain outstanding as the company prepares follow-up drilling aimed at an eventual Exploration Target and potential Mineral Resource.

Metal Hawk has highlighted a shallow, high-grade gold intercept at the Numbat lode in Western Australia, with the structure remaining open along strike and at depth. Follow-up drilling is due to resume shortly, but the discovery remains an exploration result rather than a defined resource.

Cazaly Resources has extended anomalous gold mineralisation more than 400 metres south at Hastings, including a shallow 7-metre zone grading 1.2g/t. The company now plans 2,500 metres of RC drilling at Hastings and an initial test of unverified historical high-grade results at Gulls Blow.

Patronus Resources has defined a new 1.5km-long gold anomaly at J25 in the Northern Territory, with surface assays reaching 0.99g/t Au. The result expands a growing target pipeline just as four drill rigs move from target generation to testing.

Yandal Resources has extended the newly defined Domain C at its Arrakis gold prospect by about 80 metres down-plunge, with drilling returning 24.2 metres at 1.4g/t gold. The result strengthens the case for deeper follow-up drilling, although the mineralised system remains too broadly spaced to support a resource estimate.

Prodigy Gold’s check testing of 27 high-grade gold samples from Tanami North produced an almost exact match with the original Fire Assay results. The outcome supports PhotonAssay as a selective quality-control tool, but does not change the company’s mineral resource estimates.

Ordell Minerals has completed about 25,000 metres of drilling at its Barimaia gold project and begun a further 14,000-metre campaign aimed at delivering a maiden Mineral Resource Estimate for McNabs East in the December 2026 quarter. The exploration push comes as the pre-revenue company reports an increased annual loss but a stronger $8.2 million cash balance after equity raisings.

Leeuwin Metals has rejected the possibility of undisclosed exploration results driving a sharp rise in its share price, after ASX queried the move from $0.22 to $0.295. The gold explorer pointed instead to recent Marda news, a company-funded research report, stronger gold prices and buying by a substantial holder.

Clara Resources has converted the sale of its non-core Kildanga nickel-cobalt project into $2.1 million of unconditional cash consideration, including $150,000 already received. The remaining $1.95 million is due by 30 September and is earmarked largely for drilling at Mareeba.

Paterson Resources is set to start an extensive drilling campaign at its Grace Gold Project, aiming to upgrade its 200,000-ounce inferred gold resource and extend high-grade mineralisation along a 1.3km strike in the Paterson Province.

Argent Minerals has kicked off its first-ever drilling campaign at the Trunkey Creek Gold Project in New South Wales, targeting a priority zone within a 4.7km gold-mineralised corridor beneath historic workings.

Redcastle Resources has reported robust new gold assay results from its Queen Alexandra grade-control drilling, reinforcing the deposit's potential and underpinning plans for pit expansion into a newly granted mining lease.