Latest Gold Projects News

Sinclair Gold’s FY2026 annual report captures the company’s rapid shift from a small explorer to a well-funded Mt Henry-focused gold developer-in-waiting. The project’s resource stood at 915,000 ounces at year-end, before a post-year-end update lifted it to 1.8 million ounces after 20,426 metres of drilling.

WIN Metals has lodged two major Western Australian permit applications covering the proposed restart of its Radio Gold Project. The milestone advances the project toward construction, but funding, approvals and a final investment decision remain outstanding.

Cannindah Resources has expanded drilling at its Mt Cannindah copper-gold project, identifying the Southern Shoot and extending the Southern Porphyry Target, while equity raisings lifted cash to $14.1 million. The exploration-led result came with a larger annual loss and a substantially expanded share count.

MetalsGrove Mining has expanded its Côte d’Ivoire gold footprint and begun a 10,000-metre auger campaign, but its FY2026 annual report carries a material going-concern uncertainty. The company ended the year with $1.97 million in cash after raising $2.70 million, while exploration commitments due within 12 months total $1.09 million.

Lunnon Metals has delivered thick, consistent gold intersections at the Plentiful prospect, where drilling now sits at approximately 20m by 20m spacing. The company is moving towards modelling and economic assessment, although a separate deep-drilling target failed to deliver enough encouragement for further work.

Caspin Resources has reported its strongest Bygoo tin intersection to date, while early test work points to 83.8% tin recovery into a high-grade concentrate. The gains come with familiar exploration-stage caveats: a $5.70 million annual loss, $5.03 million of operating cash outflow and continued reliance on equity funding.

Australasian Metals has paired a sharply smaller annual loss with a $1.05 million placement aimed at exploring two proposed Côte d’Ivoire lithium projects. The projects remain an option, not an acquisition, while May Queen drilling is being prepared in Queensland.

New Murchison Gold turned its Crown Prince operation into a powerful cash generator, reporting $146.95 million in net profit after tax and $201.7 million in cash for the nine months to 30 June 2026. The next test is whether Cloudkicker, Lydia and the Crown Prince underground opportunity can extend that performance.

Lac Gold’s first 15,000-metre drilling campaign at Rouyn has strengthened its geological model, including a standout 5.65-metre intersection grading 141.29 g/t gold. But the annual report also flags a material uncertainty over going concern as the company approaches its first C$6.67 million promissory note repayment.

Fin Resources’ first drilling campaign at Cabin Lake delivered gold in all eight holes, including two high-grade shallow intersections at Arrow. But the ASX-listed explorer also reported a sharply wider loss, a major impairment and an auditor-highlighted material uncertainty over its ability to continue without further capital.

CZR Resources has converted the A$75 million Robe Mesa sale into a debt-free exploration war chest, while Croydon drilling expands its flagship gold target. The next test is whether exploration momentum and the proposed Zuleika takeover can create value beyond the one-off transaction gain.

Bindi Metals has converted its Ravni project in Serbia from surface exploration into a drill-tested gold-silver system, but the discovery story arrives alongside a larger loss and an auditor’s going-concern warning. The company ended June with $1.68 million in cash and a pipeline of follow-up drilling still dependent on future funding.