Latest Gold Exploration News

Rox Resources has successfully raised $36 million through the first tranche of its $40 million placement, with the second tranche pending shareholder approval. This capital injection aims to support its gold exploration projects in Western Australia.

Marvel Gold Limited has made significant progress in acquiring the Hanang Gold Project in Tanzania, submitting all regulatory documents and anticipating approvals soon. The company also prepares for its Annual General Meeting where shareholders will vote on a $2.5 million capital raising placement.

Codrus Minerals has identified multiple high-priority gold, copper, and molybdenum targets at its Bull Run Gold Project in Oregon through integrated geophysical and geochemical analysis, setting the stage for imminent drilling campaigns.

Reach Resources has added 5,800 ounces of inferred gold at its Pansy Pit deposit, lifting the Murchison South project’s total resource to approximately 67,100 ounces. The company highlights significant upside potential with further drilling planned along the Primrose Fault.

Solstice Minerals has completed a major Reverse Circulation drilling campaign at its Yarri Project in Western Australia, targeting promising gold prospects with assay results expected soon.

Forrestania Resources is set to restart reverse circulation drilling at its Lady Lila gold prospect in Western Australia, following the acquisition of a strategically located tenement adjacent to the site. The company aims to expand its inferred resource and update its JORC estimate after promising historic and recent drill results.

Koonenberry Gold has expanded the known strike of the Sunnyside gold system at its Enmore Project in NSW to over 230 metres, with visible gold observed in seven of nine drill holes. The company plans further drilling, supported by a strong cash position, to explore the system’s full potential.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, including a standout 1m hit at 73.10 g/t. The company is advancing aggressive drilling and development plans to significantly grow its gold resources in 2025.

New Murchison Gold Limited has reported impressive high-grade gold intercepts from shallow drilling at its Crown Prince Gold Project, suggesting a richer and thicker caprock resource than previously estimated.

Sierra Nevada Gold (ASX: SNX) has acquired 100% ownership of the historic New Pass Gold Mine in Nevada, extinguishing royalties and setting the stage for trial mining of its high-grade Superior Vein.

Marvel Gold Limited is deepening its foothold in Tanzania’s underexplored greenstone belt while streamlining its portfolio through Mali asset divestments, setting the stage for a busy 2025 exploration calendar.

Manhattan Corporation has secured a binding agreement to acquire the Hook Lake Project in Nunavut, Canada, featuring a high-grade gold deposit and polymetallic prospects. The company aims to validate historical estimates and advance exploration with a seasoned team onboard.