Latest Gold Projects News

Barys Resources has opened a 1-for-1 renounceable entitlement offer priced at $0.01 a share, targeting gross proceeds of up to approximately $2.6 million. The partially underwritten raise is scheduled to close on 7 October 2026.

Sultan Resources has secured firm commitments for a $1.316 million placement to fund its move into Namibia, including initial work at the 171.2 square kilometre Kaalkop project. The deal also carries a substantial option package, with key securities still requiring shareholder approval.

Strategic Energy Resources (ASX:SER) narrowed its FY26 loss and lifted cash to $1.84 million while advancing four Queensland copper-gold projects with Fortescue and Sumitomo. But auditors flagged a material uncertainty over the explorer’s ability to continue as a going concern, leaving future funding central to the investment case.

Dundas Minerals has extended interpreted gold mineralisation at Rockland to about 170 metres below surface, led by a 4-metre interval grading 4.87 g/t gold. The early results strengthen the geological case for a 1-kilometre mineralised trend, but one-metre verification assays and more drilling are still required.

Aurum Resources has secured A$52.5 million from institutional investors to begin long-lead procurement and other early works at its Boundiali gold project before the definitive feasibility study is complete. The raise strengthens the balance sheet, but also adds 95.45 million shares ahead of two major technical milestones.

Leeuwin Metals has confirmed gold across all 10 samples from historic tailings at its Marda Central project, averaging 0.596 g/t Au in the top metre. The result points to a potentially accessible processing opportunity, but the material remains well short of a defined resource or economic study.

Riedel Resources has begun a 1,100-sample soil geochemistry program across its 580km² Cosmo Gold Project in Western Australia, targeting unexplored ground and existing gold anomalies. The work is designed to sharpen drill targets before the company’s maiden Cosmo drilling campaign, scheduled for October.

Ballard Mining has lifted the Mt Ida Gold Project’s global Mineral Resource Estimate by 56% to 1.84 million ounces, led by a larger Baldock deposit and new regional resources. The increase gives the planned feasibility study a much larger technical base, although most of the resource remains Inferred and is not yet an Ore Reserve.

Medallion Metals has shifted from project preparation to execution, with Ravensthorpe fully permitted, Forrestania acquired and Cosmic Boy refurbishment underway. The transition is funded by cash, equity and a US$50 million Trafigura facility, but production delivery and rehabilitation liabilities remain substantial tests.

Capricorn Metals has completed its Karlawinda Expansion Project on schedule and achieved the targeted 6.5 million tonnes per annum throughput. The expanded operation is expected to produce about 150,000 ounces of gold annually, although the plant remains in its ramp-up phase.

Zeus Resources has completed due diligence on its Diaguili copper-gold project in southern Mauritania after regulators validated the environmental notice for exploration. The company will now proceed to the first completion stage of the acquisition, with historical drilling providing the project’s main technical attraction but also its principal qualification.

Horizon Gold’s annual report presents Gum Creek as a potential 880,000-ounce gold operation, but flags a material uncertainty over its ability to continue without further funding. The company is targeting a Final Investment Decision in Q2 2027 and first gold in the second half of 2028.