Latest Gold Exploration News

Novo Resources reported a reduced net loss of CAD 1.625 million in Q1 2025, progressing exploration with a new aircore drilling program in Western Australia while facing liquidity challenges that cast doubt on its near-term financial sustainability.

Lunnon Metals has announced its inaugural Mineral Resource Estimate for the Lady Herial gold deposit, marking a rapid progression from discovery to resource in just 15 months. The shallow, high-grade deposit is poised for fast-tracked development amid strong gold prices.

Leeuwin Metals has confirmed extensive shallow, high-grade gold mineralisation across a 1.6km trend at its Evanston Prospect within the Marda Gold Project, Western Australia, setting the stage for a busy exploration season.

Terrain Minerals is set to begin a 3,350-meter RC drilling campaign targeting expansion of high-grade gold and silver mineralisation at its Lightning and Monza prospects in Western Australia, supported by a $1.8 million rights issue.

DeSoto Resources is set to commence a major drilling campaign across its dominant landholdings in Guinea’s prolific Siguiri Basin, leveraging historic high-grade gold results and a seasoned exploration team to unlock new discoveries.

African Gold Limited has confirmed the Pranoi Prospect as a third significant gold discovery at its Didievi Gold Project in Côte d’Ivoire, revealing continuous high-grade mineralisation over 600 metres of strike. These promising results enhance the project’s regional potential alongside existing resources.

Pacgold Limited has announced a maiden mineral resource estimate of 474,000 ounces of gold at its Alice River project in Northern Queensland, alongside an aggressive 2025 exploration program targeting significant resource growth.

Savannah Goldfields has announced a significant new gold Exploration Target at its Red Dam deposit within the Georgetown Project, potentially expanding its resource base and supporting future production plans.

Pacgold Limited has announced a maiden JORC-compliant Mineral Resource Estimate of 854,000 ounces of gold at its Alice River Gold Project in North Queensland, underpinning an aggressive 10,000m drilling campaign to expand and upgrade the resource.

Western Yilgarn Limited has secured a significant new gold exploration area near the Glenburgh Gold Project in Western Australia, positioning itself alongside established players like Benz Mining Corp. The company is set to begin detailed geological and geophysical assessments to unlock the region’s potential.

Flagship Minerals confirms the substantial scale and extension potential of gold mineralisation at its Pantanillo Gold Project in Chile, moving towards a JORC-compliant resource upgrade. Recent drilling highlights open mineralisation and near-surface expansion opportunities.

Albion Resources has identified two compelling, undrilled gold targets at its Yandal West project following a detailed DDIP survey, supported by historical high-grade assays. The company is gearing up for its maiden drill campaign targeting mid-2025.