Latest Gold Exploration News

Redcastle Resources Limited has resumed trading on the ASX following key announcements about a joint venture farm-out, a strategic placement, and a major gold project acquisition.

Redcastle Resources has partnered with BML Ventures to fast-track gold production at key deposits while massively expanding its Eastern Goldfields footprint through a strategic tenement acquisition.

Wia Gold Limited has raised A$30 million through a placement to fund accelerated exploration and development at its Kokoseb gold project in Namibia, bolstering its cash position to approximately A$55 million.

Adelong Gold Limited has formally declared a deadlock in its joint venture with Great Divide Mining, prompting a dispute resolution process as both parties contest the status of their collaboration.

Rokeby Resources has secured $1.7 million through an oversubscribed share placement to fund expanded drilling at its promising Hurricane gold and antimony project in Queensland.

Lycopodium Limited delivered robust FY25 financial results, hitting the top end of guidance with $339.6 million revenue and $42.2 million net profit. The company’s strategic SAXUM acquisition broadens its footprint in the Americas, positioning it well for growth in critical minerals and clean energy sectors.

TG Metals reports encouraging assay results from historical stockpiles and secures approvals for in-pit drilling at its Van Uden Gold Project, aiming to unlock near-term cash flow opportunities.

West Cobar Metals has successfully raised $1.25 million through a discounted share placement, aiming to boost drilling and testwork across its gold and critical minerals projects.

Benz Mining reports thick, continuous gold mineralisation at the Icon Prospect, highlighting a major bulk tonnage opportunity within the Glenburgh Gold Project. Recent drilling reveals a new higher-grade Central Lens, reinforcing the project’s tier-1 potential.

Sunshine Metals is set to commence diamond drilling at its Sybil epithermal gold project in Queensland, following impressive high-grade surface gold assays and detailed topographic surveys. The upcoming drill program aims to unlock the potential of multiple undrilled prospects within this underexplored gold system.

Stavely Minerals has launched a new phase of drilling at its Fairview North gold prospect following impressive high-grade assay results, aiming to expand known mineralisation along strike. Concurrent soil sampling at Fairview South is set to guide further exploration.

Orezone Gold Corporation reveals promising high-grade drill results beneath existing pits at its Bomboré Gold Mine, highlighting potential for significant resource expansion and production increase.