Latest Gold Exploration News

BMG Resources reports strong assay results from Abercromby’s Phase 1 drilling, confirming high-grade gold mineralisation and broad alteration zones, while initiating a new drilling campaign at Bullabulling targeting near-surface gold.

Alice Queen Limited has completed its maiden diamond drilling program at the Viani Project in Fiji, confirming continuous high-grade epithermal gold mineralisation to depths of 300 metres. The company also secured nearly $1 million in funding to advance exploration efforts.

APC Minerals reports encouraging gold intercepts from its Laverton Downs drilling program while navigating a lean cash position and strategic tenement rationalisation.

Ballymore Resources has reported exceptional high-grade gold intersections at its Dittmer Project, alongside government grants to accelerate exploration and a key mining lease approval recommendation.

Mt Malcolm Mines has completed significant drilling at its Golden Crown and Dumbarton prospects, revealing high-grade gold intercepts and securing nearly $2 million in funding to support ongoing exploration.

Asra Minerals has completed a major drilling campaign at its Leonora South Gold Project and secured $3 million in fresh capital to fast-track exploration, alongside key leadership appointments and strategic asset realignments.

Flagship Minerals has strategically repositioned towards gold and copper, highlighted by its acquisition of the Pantanillo Gold Project in Chile, aiming for a rapid development path and resource growth. The company plans to commence drilling in October 2025 while rationalising its lithium exposure.

Aurumin Limited reports strong drilling results at Johnson Range, secures a $4 million joint venture with Newcam Minerals, and announces a $60 million merger with Brightstar Resources, positioning itself for accelerated development in the Sandstone Gold District.

Lithium Plus Minerals reports significant progress on its Lei Lithium Development Project alongside promising discoveries of beryllium and gold at its Arunta and Wingate projects, supported by a solid cash position of A$3.2 million.

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.