Latest Gold Exploration News

Torque Metals has kicked off a new drilling campaign at its Paris Gold Project, delivering a significant high-grade gold intercept and completing a strategic merger with Aston Minerals.

Challenger Gold Limited reported a strong quarter with significant financing inflows boosting its cash reserves to nearly $27 million, ensuring operational funding for over six quarters. Despite ongoing cash outflows from operations and investing, the company’s liquidity position remains robust.

Western Gold Resources has signed a pivotal 24-month toll milling agreement, advancing its Gold Duke Project towards near-term production amid rising gold prices and a recent capital raise.

Ausmon Resources reports promising assay results from recent drilling programs targeting rare earth elements in South Australia and base metals near Broken Hill, NSW, setting the stage for expanded exploration.

Northern Star Resources has declined to exercise its option to acquire Kalamazoo’s Ashburton Gold Project, leaving Kalamazoo to advance development plans amid record Australian gold prices. The company has initiated a Scoping Study and secured $2 million in fresh capital to support its next phase.

Hawthorn Resources is progressing its Anglo Saxon gold project with an approved drilling program and advancing mining lease applications at Mt Bevan, while maintaining a strong cash position.

Resource Mining Corporation (ASX, RMI) has kicked off a new drilling campaign at its Mpanda Copper-Gold Project in Tanzania, progressed exploration in Saudi Arabia, and strengthened its balance sheet by raising $2 million and repaying all debt.

Dundas Minerals has significantly expanded its gold exploration footprint by acquiring a dominant 612km² tenement position in the underexplored Gerry Well greenstone belt and received approvals for key drilling programs at its Kalgoorlie projects.

Magmatic Resources has secured the Weebo Gold Project in Western Australia and reported encouraging copper-gold drill results at its Myall Project, maintaining a robust cash position of $4.7 million.

High-Tech Metals has completed a transformative acquisition of the Mt Fisher and Mt Eureka gold projects, expanding its footprint in Western Australia's Northern Goldfields and setting the stage for aggressive exploration and early production.

North Stawell Minerals confirms fresh gold mineralisation at Darlington West, backed by a $3.6 million equity raise to fund expanded drilling and exploration across its Victorian projects.

Hammer Metals advances exploration with new drilling programs at Yandal Gold and Mount Isa copper-gold projects, while expanding its footprint and progressing joint ventures.