Latest Gold Projects News

DeSoto Resources has restarted a 10,000m power auger drilling program and launched a 6,262-line kilometre airborne geophysical survey across multiple projects in Guinea’s Siguiri Basin following government approval after a pause due to illegal mining enforcement.

GoldArc Resources (ASX:GA8) has struck a binding deal to acquire seven tenements from Regener8 Resources, extending its Leonora South gold corridor in Western Australia. The move consolidates contiguous ground adjacent to existing high-grade deposits, positioning GoldArc for accelerated exploration.

Sabre Resources has secured 4,000km2 of prime gold-copper ground near Tennant Creek and kicked off its maiden drilling campaign at Kurundi North, aiming to replicate world-class mineralisation.

Black Bear Minerals’ re-analysis of historic drill core at Texas’s Shafter Silver Project reveals up to 147% higher silver grades and confirms polymetallic potential, prompting an expanded resource review and plans for a JORC upgrade.

Infinity Metals has locked in an exclusive option to acquire 100% of the Tule Canyon molybdenum-copper project in Nevada, a historically explored porphyry deposit with promising drill results and strategic positioning amid soaring molybdenum prices.

Brightstar Resources is on track to deliver 75,000 ounces per annum from its Goldfields hub by mid-2027, backed by a new processing plant and strong project economics, while progressing its Sandstone project toward a Tier-1 development with a 2.9 million ounce resource.

QMines Limited has boosted the Mount Mackenzie gold and silver resource by 32% in gold ounces, with 70% now classified as Indicated, following a comprehensive 73-hole drilling campaign that enhanced geological confidence and resource scale.

Strata Minerals is pushing forward multiple technical workstreams at its Zelica Gold Project in Western Australia, backed by BML Ventures. These initiatives aim to de-risk mine planning, processing, and permitting as the project moves closer to development.

Toubani Resources has successfully closed the retail tranche of its fully underwritten entitlement offer, securing approximately A$70 million to support its Kobada Gold Project development.

Cygnus Metals has lodged its draft scheme booklet with ASIC, moving closer to a planned acquisition by Central Asia Metals. Regulatory approvals in North Macedonia are complete, with Kazakhstan clearance still pending.

Forrestania Resources has upgraded the British Hill gold deposit resource to 126,290 ounces, more than doubling the previous estimate and significantly increasing the higher-confidence Indicated category. Ongoing drilling and development studies aim to further enhance the project’s value within the Forrestania Hub.

RUA GOLD has obtained regulatory approval to start exploration drilling at its Glamorgan Project, a promising epithermal gold target adjacent to a major OceanaGold deposit in New Zealand. The company plans a 9,000-metre drill program to test three high-priority targets identified through extensive geophysical and geochemical surveys.