Latest Gold Exploration News

Sunshine Metals has exercised its option early to acquire the Sybil Epithermal Gold Project, setting the stage for drilling to commence in July-August 2025. The project boasts historic high-grade gold results and strategic significance near Charters Towers.

Koonenberry Gold has reported strong assay results from its sixth drillhole at the Enmore Gold Project, confirming extended and continuous gold mineralisation. The company plans a fully funded follow-up drilling program to further expand this emerging discovery in NSW.

Ausgold Limited has secured a farm-in agreement to acquire up to 70% of a highly prospective exploration license adjacent to its Kulin Gold Project, setting the stage for drilling in FY26 to unlock new gold targets.

Golden State Mining’s first-ever air-core drilling at Southern Cross East reveals promising bedrock gold anomalies within a vast soil geochemical anomaly, prompting tenement expansion and plans for detailed aeromagnetic surveys and follow-up drilling.

Magnetic Resources NL has announced a significant 22% increase in the Lady Julie Gold Project resource, now totaling 2.14 million ounces, boosting the overall Laverton region resource to 2.32 million ounces. This upgrade reflects enhanced confidence in mineral continuity and advances the project closer to development.

Nelson Resources reports promising initial rock chip assays from its Yarri Project in Western Australia, revealing high-grade gold exceeding 8 g/t and identifying new geological targets beyond known mineralisation zones.

Kula Gold reports standout high-grade gold intercepts up to 31.3 grams per tonne from ongoing drilling at its Mt Palmer project, advancing the asset toward a potential resource estimate.

Mt Malcolm Mines NL has reported strong gold assay results from its recent drilling at the Golden Crown Prospect, confirming and extending high-grade mineralisation near surface. These findings bolster the project’s potential for near-term, low-impact mining operations.

Lunnon Metals has revealed significant gold assay results from both recent and historical drilling at its Cooee prospect, highlighting a promising new target within its Kambalda Gold & Nickel Project. These findings elevate Cooee to a high-priority status alongside established prospects in the Foster Gold Belt.

Marmota Limited has received ministerial approval for a 90% stake in the Golden Moon JV tenements, consolidating its hold on prime gold assets in South Australia’s Gawler Craton. This move strengthens its position alongside the Aurora Tank discovery, setting the stage for expanded exploration and potential low-cost gold production.

Patronus Resources has announced a maiden JORC 2012 Exploration Target for its Merlin Prospect within the Cardinia Gold Project, estimating up to 500,000 ounces of gold. Recent drilling results highlight broad, shallow gold mineralisation, with further work planned to expand this promising discovery.

Sipa Resources has secured key environmental approvals to begin drilling at its newly acquired South Australian gold projects, signaling a major step forward in its exploration plans.