Latest Gold Exploration News

Albion Resources has completed the sale of its Mongers Lake Project to Capricorn Metals for A$1.5 million, combining cash and shares, while positioning itself to accelerate exploration at its promising Yandal West Gold Project.

Lachlan Star and Cullen Resources report promising final assay results from the Killaloe Gold Project, revealing extensive shallow gold mineralisation and high-grade zones near the Duke Prospect. Plans are underway for a new drilling phase to further explore this under-explored Western Australian gold belt.

Benz Mining Corp. has raised A$30 million through a bought deal placement, enabling a significant ramp-up in drilling at its Glenburgh Gold Project in Western Australia. The company plans to deploy four rigs to explore both bulk tonnage and high-grade gold targets.

Bayan Mining and Minerals Limited reports ongoing exploration progress across its North American projects, with key assay results pending and valuable geological data shaping future plans.

Marvel Gold Limited has secured all Tanzanian government approvals to complete its acquisition of Cobra Resources and is set to begin exploration at the Hanang Gold Project, a promising site in Tanzania's Iramba-Sekenke Greenstone Belt.

Strata Minerals has initiated its inaugural diamond drilling program at the Penny South Gold Project in Western Australia, supported by a co-funded deep drill hole from the WA Government. This marks a pivotal step in exploring extensions of gold mineralisation near the high-grade Penny Mine.

Savannah Goldfields launches an 80-hole drilling campaign targeting extensions of key gold deposits near its Georgetown plant, aiming to secure near-term oxide gold feed and extend production life.

Saturn Metals has reported significant new high-grade gold intercepts at its Apollo Hill project, reinforcing the potential for resource growth beyond the current 2.24 million ounces. Ongoing drilling highlights expanding mineralisation at the Iris and Tefnut zones.

Duketon Mining’s inaugural drilling at the Killarney Gold Project reveals promising high-grade gold intercepts, setting the stage for further exploration and potential resource growth.

First Au Limited has successfully completed a two-tranche placement raising $1.56 million to fund its acquisition of the Nimba Gold Project and ongoing exploration activities.

Redcastle Resources is progressing its Queen Alexandra gold project from scoping to pre-feasibility study preparation, focusing on closing critical data gaps and exploring funding options to accelerate development.

Lachlan Star has received final assay results from its maiden drilling program at the Killaloe Gold Project, confirming extensive gold mineralisation and setting the stage for a new phase of deeper drilling.