Latest Gold Exploration News

Xanadu Mines has received a takeover bid from Bastion at A$0.08 per share, representing a substantial premium and backed unanimously by the board and major shareholder CAAF. The offer includes a $17.2 million capital injection and is subject to limited conditions.

Red Mountain Mining has initiated a 1000m reverse circulation drilling program at its Kiabye Gold Project in Western Australia, aiming to test newly identified magnetic anomalies and historic gold zones. The program is backed by recent capital raising and coincides with ongoing sampling at its Armidale Antimony-Gold Project.

TechGen Metals has launched an expanded aircore drilling program at its El Donna Gold Project near Kalgoorlie, targeting promising gold anomalies and historic high-grade intercepts. The company is leveraging its strategic location and strong market conditions to advance exploration.

Future Battery Minerals has acquired 100% ownership of the Miriam Project, consolidating all mineral rights and extinguishing royalties, paving the way for a focused gold exploration campaign starting July 2025.

Askari Metals offers holders of expired AS2O options a priority issue of new options, while advancing due diligence on a promising Ethiopian gold project.

Besra Gold has appointed David Potter as Chair and Sean Williamson as Director, bolstering its board with seasoned expertise as it transitions from exploration to gold production at the Jugan Project.

Mantle Minerals has secured a $65,000 co-funded drilling grant from the WA Government to advance its Mt Berghaus gold exploration in the Mallina Basin.

Resource Mining Corporation Limited (RMI) has responded to a sharp surge in its share price and trading volume, denying any undisclosed material information while pointing to ongoing copper-gold exploration activities at its Mpanda Project in Tanzania.

Mantle Minerals has won a co-funded drilling grant from the WA Government and completed its Mt Berghaus tenement package, setting the stage for targeted exploration in the Pilbara.

Midas Minerals has announced a transformative acquisition of the Otavi Copper-Gold-Silver Project in Namibia, unlocking significant exploration potential with plans to commence drilling later this year.

Sipa Resources has initiated heritage surveys and lodged environmental approvals, setting the stage for its first gold drilling campaign in South Australia’s Gawler Craton.

Forrestania Resources has appointed former Minerals Resources executive David Geraghty to its board and secured $500,000 through a strategic share placement, signaling a renewed push in its gold exploration projects.