Latest Gold Exploration News

Rox Resources has completed a $200 million capital raise, including a $134 million second tranche placement, to fund development of its Youanmi Gold Project in Western Australia.

Emmerson Resources and Pan African Resources have approved a $6.9 million exploration budget for the Tennant Creek Joint Venture in Q1 2026, marking the largest quarterly spend in over two decades. The program targets high-grade gold deposits with extensive drilling and geophysical surveys.

Forrestania Resources has declared its takeover offer for Kula Gold unconditional after securing over 76% ownership, extending the offer deadline to January 22, 2026. The move sets the stage for a reconstituted board and accelerated gold production ambitions.

Flynn Gold has successfully extended high-grade gold mineralisation across a 9km zone at its Golden Ridge Project in northeast Tasmania, with drilling confirming a large-scale gold system. Meanwhile, drilling at the nearby Mangana Project is underway, promising further updates in early 2026.

Riedel Resources has successfully raised approximately $1.78 million through a pro rata entitlement offer and subsequent shortfall placement, positioning the company to advance its Kingman Gold Project.

Midas Minerals has completed its acquisition of the Otavi Copper Project in Namibia, initiating multiple drilling programs across high-grade deposits and securing strong funding to drive exploration in 2026.

Clara Resources has inked a binding deal to acquire the Hodgkinson Basin Gold Project in Far North Queensland, setting the stage for an aggressive exploration campaign in 2026. The acquisition, involving over 533 million shares and cash payments, aims to unlock significant gold potential in a historically rich but underexplored region.

Rox Resources has increased its Share Purchase Plan to A$18 million following strong retail demand, complementing a $200 million institutional placement to fully fund the Youanmi Gold Project development.

Solstice Minerals reports steady progress in expanding its Nanadie copper-gold resource and promising gold intercepts at Yarri, backed by a strong cash position to fuel 2026 exploration.

Austral Resources has defined multiple high-grade copper-gold exploration targets near its Rocklands processing facility, setting the stage for a sequenced, low-capex growth strategy with drilling planned from late 2026.

Exultant Mining has launched an aggressive exploration campaign at its Black Hammer Project in New South Wales, collecting 76 rock chip samples and expanding its tenure with a newly granted exploration licence. The company is progressing land access agreements and plans to commence drilling in early 2026.

Middle Island Resources has appointed Peter Spiers as CEO, aiming to accelerate exploration and development of its Serbian projects with his extensive industry expertise.