Latest Gold Mineralisation News

AusQuest Limited reports significant expansion of its copper-gold system at the Cangallo Project in Peru, alongside progress across multiple Australian base metal projects, supported by a solid cash position and strategic funding.

Torque Metals has confirmed an 8-metre extension of high-grade pyrrhotite-associated gold mineralisation at its Paris Gold Project, with a continuous zone now reaching approximately 52 metres. Down-hole electromagnetics suggest further mineralisation potential beyond current drilling.

Solara Minerals has identified multiple compelling drill targets for gold and copper at its newly acquired Degrussa West Project following a detailed electromagnetic survey. The project lies near major regional deposits, setting the stage for an exciting exploration phase.

Nexus Minerals has reported a significant new gold discovery at its Wallbrook Gold Project, highlighted by strong drilling results at the Payns Prospect, while progressing permitting for the Crusader-Templar deposit and maintaining a solid cash position.

S2 Resources advances exploration across multiple Australian projects with promising gold and base metal anomalies, while bolstering its balance sheet through a successful A$3.5 million capital raise.

LCL Resources has secured a A$14 million cash deal plus royalty rights by divesting its Colombian projects to Tiger Gold Corporation, while advancing promising exploration programs in Papua New Guinea.

Mamba Exploration Limited has decided to restart gold exploration at its Ashburton Project in Western Australia, backed by a strategic review and a cash position of $579,000. Historical data points to promising high-grade gold targets, setting the stage for a detailed exploration program.

Midas Minerals has agreed to acquire the high-grade Otavi Copper Project in Namibia from Nexa Resources, backed by a $6.5 million capital raise to accelerate exploration and resource definition. The company also advances its South Otavi and Western Australian projects, positioning for significant growth.

Ordell Minerals has significantly expanded gold mineralisation at its Barimaia Gold Project, doubling the strike length to over 7km and confirming promising shallow gold zones at McNabs East. A recent $3.85 million capital raise will fund ongoing exploration efforts.

Premier1 Lithium has confirmed high-grade gold assays up to 10.5 g/t at the newly discovered Rochefort Prospect within its Abbotts North Project, signalling a promising new gold target in Western Australia’s Murchison region.

Patronus Resources reports significant drilling successes at its Cardinia and Northern Territory projects, establishing a maiden Exploration Target at Merlin and extending mineralisation at key prospects. The company also announces a selective buyback of nearly 10% of its shares from St Barbara, enhancing its capital structure.

MetalsGrove Mining has acquired a significant joint venture interest in three exploration permits near the prolific Abujar gold mine in Côte d’Ivoire, positioning itself for growth in a promising West African gold district.