Latest Gold Exploration News

Asra Minerals Limited has launched a substantial options offer linked to a recent $3 million placement, aiming to enhance liquidity and satisfy obligations under the placement. The company plans to list these options on the ASX by the end of June 2025.

Robex Resources Inc., a Canadian gold explorer and producer with key assets in West Africa, has launched a fully underwritten initial public offering (IPO) on the ASX to raise A$120 million. The capital will primarily support the development of its advanced Kiniero Gold Project in Guinea, alongside ongoing operations at the Nampala Mine in Mali.

Scorpion Minerals has completed detailed pre-drilling exploration at its Pharos Gold Project in Western Australia and is poised to begin RC drilling targeting multiple high-grade gold zones along a prolific shear corridor.

Codrus Minerals has initiated diamond drilling at its Bull Run Gold Project in Oregon, targeting multiple high-grade gold and polymetallic zones supported by strong historical and recent assay results.

Sunshine Metals has reported exceptional high-grade gold intersections from shallow drilling at its Liontown prospect, reinforcing its strategy to target near-surface oxide gold resources. The company plans to fast-track resource upgrades and mining studies following metallurgical testing.

Tambourah Metals Ltd has announced a non-renounceable pro-rata entitlement offer to raise approximately $368,000, issuing new shares at $0.02 each with free-attaching options. The capital raise aims to fund exploration projects including Beatty Park Gold and Speewah North.

Horizon Gold reports significant shallow and high-grade gold intercepts from recent drilling at its Gum Creek Project, setting the stage for resource upgrades and a pivotal feasibility study.

TechGen Metals has completed an extensive aircore drilling campaign at its El Donna Gold Project in Western Australia, targeting newly identified gold prospects. Results from over 2,100 samples are expected soon, setting the stage for follow-up drilling.

Prodigy Gold NL has updated its Mineral Resource estimate for the Tregony Gold Deposit, reporting a 25% increase in gold ounces to 80,000oz, driven by 2024 drilling and a lower cut-off grade. The company plans further drilling in 2025 to build on this momentum.

Turaco Gold’s latest drilling at the Toilesso prospect confirms multiple high-grade gold shoots along the Afema Shear, signaling promising resource growth potential beyond the current 3.55Moz estimate.

Artemis Resources is launching a substantial drilling campaign across its Carlow, Titan, and Cassowary projects, aiming to expand gold and copper resources and advance technical studies towards development.

Savannah Goldfields has announced a promising new gold Exploration Target at its Big Reef Deposit within the Georgetown Project, potentially extending its resource base and supporting imminent mining plans.