Latest Gold Projects News

Desert Metals Limited has completed the first tranche of its capital raising, issuing 64 million shares to raise $416,000, with a shareholder meeting planned to approve a second tranche worth $834,000.

Magnetic Resource NL is refining its Lady Julie Gold Project with updated mine designs and infrastructure work, aiming to reduce costs and boost gold recovery ahead of a final optimization report in early 2026.

Great Divide Mining and Dart Mining have reported the highest gold grades ever recorded at the Banshee Antimony Mine within the Coonambula Project, highlighting a promising mineralised system in Central Queensland.

Zenith Minerals has confirmed the lateral and depth expansion of its Red Mountain gold system in Queensland, with strong results from recent reverse circulation drilling and the commencement of diamond drilling to target high-grade zones.

Moho Resources has completed its maiden drilling at the Bush Chook Project’s Swan Prospect, identifying promising alteration minerals linked to gold, while acquiring 15 new prospecting licences that add six drill-ready targets.

Metal Bank Limited (MBK) has announced its first formal gold resource estimate at the Seven Leaders Starter Pit, marking a pivotal step towards production in 2026. The 6,300-ounce resource underpins a strategy to leverage existing infrastructure and minimise capital costs.

Medallion Metals has raised $60 million through a placement and share purchase plan to advance its integrated gold-copper development strategy, targeting first production in early 2027.

Westgold Resources is set to demerge its non-core Reedy and Comet gold projects into a new ASX-listed entity, Valiant Gold, aiming to unlock value and fast-track cash flow through a strategic ore purchase agreement.

Great Southern Mining reports significant new high-grade gold intercepts at its Amy Clarke prospect, extending mineralisation over 4.7km and setting the stage for follow-up drilling in 2026.

Green & Gold Minerals has reported compelling high-grade gold drill results from its Mt Wandoo prospect, significantly extending known mineralisation and uncovering new zones within the Chillagoe Gold Project.

Minerals 260 Limited has reported exceptional high-grade gold intercepts at its 4.5Moz Bullabulling Gold Project in Western Australia, highlighting significant resource growth potential beyond the recent estimate. The latest drilling results reinforce the project's robust mineralisation continuity and set the stage for an updated resource estimate in 2026.

Resolute Mining’s updated Definitive Feasibility Study for the Doropo Gold Project reveals a 55% increase in ore reserves, a longer mine life, and robust financial returns, positioning the project as a key growth driver.