Latest Gold Exploration News

Raiden Resources has made significant strides in its December 2024 quarter exploration, completing maiden drilling at Andover South and advancing projects at Mt Sholl and Arrow, supported by a $10 million capital raise.

Carnavale Resources has reported significant drilling success at its Kookynie Gold Project, extending known high-grade gold lodes and discovering a new lode, Tiptoe, with promising mineralisation. The company is advancing exploration and development plans while divesting non-core assets to sharpen its focus on gold.

New Murchison Gold Limited reports a significant 39% increase in indicated gold resources at its Crown Prince deposit and secures a strategic ore purchase deal with Westgold, setting the stage for mining to commence mid-2025.

E79 Gold Mines Limited reported a $169,000 net cash outflow from operating activities for the December 2024 quarter, maintaining a solid cash balance of $1.46 million as it continues its exploration efforts.

Gullewa Limited reports steady progress on its Hunter Valley subdivision and South Darlot gold exploration, alongside a significant royalty payment from Silver Lake Resources.

Southern Cross Gold Consolidated Ltd. reported a significantly reduced net loss of $2.41 million for Q2 2024, down from $43.69 million a year earlier, as it sharpens focus on its Australian gold projects following a major corporate restructuring.

Trek Metals has reported impressive high-grade gold intercepts at its Christmas Creek Project in Western Australia, signaling the potential for a significant orogenic gold system. The company is advancing its exploration with refined drilling targets and ongoing work at its McEwen Hills Niobium Project.

Gateway Mining Ltd has fortified its balance sheet through the sale of its Eastern Montague Gold Project, positioning itself for an aggressive exploration campaign in 2025 focused on the Barrelmaker Gold and Montague Range Base Metals projects in Western Australia.

African Gold Ltd has voluntarily suspended trading of its shares pending a critical announcement on exploration results and a response to a price query, signaling a pivotal moment for the miner.

Surefire Resources NL has announced a significant extension of gold mineralisation at its Yidby Gold Project, now exceeding 500 metres in strike length. The company’s recent drilling and metallurgical test work support plans for a low-cost heap leach operation.

Strata Minerals Ltd is set to commence its inaugural drilling program at the Penny South Gold Project in Western Australia, targeting extensions of world-class high-grade gold deposits. Concurrently, exploration activities are gearing up at the Biranup Gold Project, promising a busy year ahead for the ASX-listed explorer.

Austin Metals Limited has reported multiple high-grade gold intercepts from recent drilling at its Austin Gold Project, confirming the potential for a large-scale gold system at the Brunswick Hill and Mt Sandy prospects.