Latest Gold Exploration News

Cygnus Metals has intersected a substantial new mineralised zone at its Chibougamau Copper-Gold Project, signalling promising resource expansion potential. Follow-up drilling is imminent to delineate this discovery further.

Forrestania Resources has launched a conditional all-scrip takeover offer for Kula Gold, valuing the company at approximately $42.7 million. The Kula board unanimously recommends acceptance, highlighting strategic regional consolidation and operational synergies.

Forrestania Resources has lodged a replacement bidder's statement for its off-market takeover offer of Kula Gold, offering 1 Forrestania share for every 5.6 Kula shares. The Kula board unanimously recommends acceptance, highlighting strategic benefits and operational synergies.

Ardiden Ltd has completed its merger with Lac Gold, combining two premier Canadian gold projects and raising $10 million to fund upcoming drilling programs. The merger creates a stronger, cash-rich entity poised for growth in Quebec and Ontario.

Kula Gold Limited’s board unanimously recommends shareholders accept Forrestania Resources’ off-market takeover offer, valuing Kula shares at a significant premium and promising reduced funding risks and exposure to a stronger combined gold portfolio.

Critical Resources Limited has completed the acquisition of the Cap Burn Gold Project in New Zealand, securing key permits and land access to launch its inaugural drilling program in a highly prospective gold region.

Meeka Metals’ initial exploration drilling at the new Rosapenna target within the Fairway shear zone reveals significant high-grade gold intersections, underscoring the potential for resource growth at the Murchison Gold Project.

Aureka Limited has forged a capital-light land access deal and welcomed RDI Mining as a strategic partner, enhancing its exploration capabilities at key Victorian gold projects.

LinQ Minerals has reported significant high-grade gold intersections extending mineralisation well beyond the Gidginbung open pit, confirming the system remains open for expansion. These results underpin plans for an expanded exploration campaign at the Gilmore Project in New South Wales.

Robex Resources has received a superior takeover proposal from Perseus Mining, triggering a five-day window to respond. The company’s board is now weighing its options amid this unexpected development.

Corazon Mining has successfully raised $1.8 million through a placement to fast-track exploration at its Two Pools and Feather Cap gold projects in Western Australia. The funding sets the stage for maiden drilling programs in early 2026, aiming to confirm high-grade historical results.

Tartana Minerals has postponed its planned drilling at the Beefwood copper-gold prospect in Far North Queensland due to persistent wet conditions, resulting in the loss of government funding and a rescheduled timeline for 2026.