Latest Gold Exploration News

Odyssey Gold’s Stage 1 Scoping Study for Tuckanarra outlines a low-capital, near-term production of 79,000 ounces of gold, backed by a toll milling agreement at Kirkalocka and an updated resource base of 451,000 ounces.

Verity Resources has lifted its Monument Gold Project’s geological confidence by delivering a maiden Indicated Mineral Resource of 66,200 ounces and reported exceptional 97% gold recoveries at Waihi, underpinning development plans.

Austin Metals has wrapped up a 4,216-metre RC drilling campaign at its Austin Gold Project, testing newly defined BIF-hosted gold targets at Brunswick Hill and Mt Sandy, with assay results still pending.

Gateway Mining has ramped up exploration at its Cowza gold discovery with a second RC rig, confirming continuous high-grade gold mineralisation along a 3.5-kilometre strike that remains open in multiple directions.

Many Peaks Minerals has reported a landmark maiden Mineral Resource Estimate of 1.32 million ounces at its Ferké Gold Project, underpinning an aggressive exploration and development push supported by a A$27.5 million capital raise.

Prospect Resources has boosted its Mumbezhi Copper Project resource by 20%, notably doubling gold content, while commencing an extensive Phase 3 drilling program aimed at further expansion and upgrading.

Alkane Resources has expanded its Storheden gold resource near the Björkdal mine in Sweden, adding Indicated Resources and increasing contained gold by 26%. Recent drilling revealed high-grade veins along a 2.7 km strike, with mineralisation still open in multiple directions.

DeSoto Resources has launched a 10,000m maiden drilling program at its Timbakouna Gold Project and secured a major new ground package in Guinea’s prolific Siguiri Basin, backed by a strong cash position of A$9.2 million.

OD6 Metals has revealed gold assays up to 6.31g/t at its Quinn Fluorspar Project in Nevada, highlighting a large epithermal mineral system with potential for both epithermal and Carlin-style gold deposits alongside its core fluorspar targets.

Nexus Minerals has completed its Branches Prospect drilling campaign with strong assay results confirming continuity of a northwest-trending gold system. These findings position Branches alongside Clement and Payns to contribute to an updated Wallbrook Mineral Resource Estimate due in September.

High-Tech Metals has released an updated Mineral Resource Estimate for its Wagtail Gold Deposit, boosting geological confidence and underpinning ongoing development work.

Xpedra Resources has confirmed broad, high-grade gold zones extending at depth and along strike at its Springfield Gold Deposit in NSW, following its maiden 27-hole drilling program.