Latest Gold Projects News

Ragusa Minerals is advancing its acquisition of a majority stake in Pegasus Tel Inc., gaining control of the Purple Pansy manganese-gold project in Arizona, while exiting its Burracoppin tenement to sharpen its focus on US critical minerals.

Lodestar Minerals has responded to ASX queries clarifying the timing and disclosure of key assay results from its Ned’s Creek gold project and detailed the procedural steps behind its Arizona Mountain Pass rare earths acquisition.

Mt Malcolm Mines has successfully closed an oversubscribed $2.3 million rights issue and secured an additional $750,000 placement, positioning the company to fast-track exploration and development at its Malcolm Gold Project.

GR Engineering Services Limited reported a solid FY25 with revenue and earnings growth, increased dividends, and a confident outlook for FY26 driven by a robust project pipeline and strategic opportunities.

Horizon Minerals reports strong progress at its Phillips Find and Boorara gold projects, with significant ore stockpiles and new processing agreements set to boost cash flow despite short-term delays.

Challenger Gold has secured a 24-month mining contract with MAPAL for its Hualilán Toll Milling phase, with mobilisation complete and production drilling underway. The project is on track to commence mining by December 1, aiming to generate early cash flow amid strong gold prices.

Advance Metals has kicked off a fully funded diamond drilling campaign at its high-grade Yoquivo Silver-Gold Project in Mexico, aiming to expand and upgrade its resource base. The program targets extensions to existing mineralisation and new high-grade veins, with results expected to reshape the project's outlook by early 2026.

Golden State Mining has completed a $1.5 million placement at 0.8 cents per share, appointed Keith Middleton as Managing Director, and launched a strategic review of its gold projects in Western Australia.

Eagle Mountain Mining Limited has lodged a prospectus for a non-renounceable entitlement offer to raise up to A$1.98 million, supporting exploration and development of its copper-gold projects in Arizona, USA. The offer includes attaching options and follows a recent $1.66 million placement.

Krakatoa Resources has launched an offer of over 237 million new options linked to its recent $3.1 million placement, aiming to reward investors and advisors while providing potential future capital. The options are exercisable at $0.02 each before September 2028, with no immediate funds raised from the issue.

Horizon Gold Limited has reaffirmed the strength of its Gum Creek Gold Project, boasting a 2.3 million ounce resource and progressing steadily towards a feasibility study completion in early 2026. The project’s strategic location and existing infrastructure underpin a rapid restart potential.

Cannindah Resources has reported a standout drill intercept of 120m at 1.16% copper equivalent from near surface at its Mt Cannindah Project, confirming significant resource extensions and high-grade continuity.