Latest Gold Exploration News

Moonlight Resources has reported strong Phase 2 drilling results at its Leo Grande Prospect, confirming extensive near-surface gold mineralisation and advancing towards a maiden resource estimate.

Waratah Minerals has secured a A$48 million institutional placement to fund an accelerated drilling campaign at its Spur Gold Project, aiming for a maiden resource estimate in early 2027.

Manhattan Gold Corporation has secured approval to expand its Hook Lake Project footprint by 15km² on Inuit owned lands, boosting its mineral rights to 338km² with a 20-year tenure. Exploration activities including drilling and airborne surveys are set to accelerate.

Ariana Resources has sealed a $1 million metallurgical drilling contract with Hongkong Xinhai to push forward its Dokwe Gold Project feasibility study in Zimbabwe, alongside multiple technical programs including geotechnical drilling and water management studies.

Odyssey Gold’s metallurgical testwork on weathered material from its Cable deposit starter pit has delivered a rapid 95.9% gold leach recovery, supporting early mining potential at the Tuckanarra Project in WA.

Desert Minerals has identified a significant north-northwesterly gold soil anomaly at its Mt Monger project, setting the stage for upcoming drilling to expand its existing JORC resource.

Medallion Metals has kicked off reverse circulation drilling at Lounge Lizard and Teddy Bear within its Forrestania Gold Project, validating high-grade historical results and targeting a maiden resource by Q3 2026.

Zenith Minerals has initiated a strategic review to explore corporate and asset options aimed at maximising shareholder value, centred on its Consolidated Dulcie Gold Project which hosts a 675,000-ounce gold resource.

Adavale Resources (ASX:ADD) is intensifying its drilling campaign at the London Victoria gold mine, delivering promising high-grade results and expanding its footprint with new tenure acquisitions. The company targets a mid-year resource update amid ongoing assay releases and greenfield exploration.

Premier1 Lithium’s latest drilling at Yalgoo reveals a fresh high-grade gold zone at Carlisle and confirms a large hydrothermal system at Mt Kersey, spotlighting a new VMS corridor that could reshape resource potential.

Pacgold has confirmed new shallow gold mineralisation at its Vertigo deposit within the White Dam Project, suggesting a potential increase to its Mineral Resource Estimate. Infill drilling results support upgrading resource confidence, with further drilling planned to refine the resource and support mine planning.

Accelerate Resources has unveiled a significant new shallow gold discovery at its Balagundi project, defining a 300m mineralised strike at Spencers Prospect and setting the stage for imminent RC drilling.