Latest Gold Projects News

Lefroy Exploration has launched a scoping study for its Mt Martin Gold Project, following an updated resource estimate of 460,000 ounces. The study, funded by a recent $3.6 million placement, aims to assess development options by September 2026 while mining operations at Lucky Strike prepare to resume.

Lunnon Metals has reported robust assay results from a 36-hole infill drill campaign at its Hustler gold deposit, underpinning an imminent Mineral Resource update and advancing permitting and mining optimisation activities.

IRIS Metals posted a $22.3 million loss for FY26, driven by major impairments on exploration assets and elevated share-based payments. The company pivots away from Edison and Tin Mountain projects, focusing on lithium-rubidium in South Dakota and tungsten in Montana.

Orbminco Limited's latest infill drilling at Majestic North delivers standout shallow gold grades, setting the stage for a resource upgrade and advancing mining studies.

Manuka Resources has secured the final US$4 million tranche of its US$30 million Nebari facility, fueling its push to restart gold production at Mt Boppy and silver output at Wonawinta by September 2026.

Strategic Energy Resources (ASX:SER) has raised $1.5 million through a discounted share placement and a fully underwritten share purchase plan to back a high-impact drilling campaign at its Diamantina Copper-Gold Project in Queensland.

Sunstone Metals secures $10 million in a discounted placement led by DGR Global, which gains a 10% shareholding and board representation to accelerate exploration at high-potential Ecuador projects.

Hawk Resources has confirmed significant near surface copper, silver, and molybdenum mineralisation in drill hole DD26CT004 at its Cactus project in Utah, extending the known mineralised zone southeast along the Cactus Corridor. Drilling is set to resume in July 2026 to test further extensions.

Asara Resources has adjusted its $60 million institutional placement after Barbet LLC FZ reduced its subscription significantly, with the balance placed to other investors to keep the raise on track. The funds will accelerate drilling and development at the Kada Gold Project in Guinea.

Viking Mines has agreed to sell its non-core First Hit Gold Project in Western Australia to First Au Limited for up to $5 million, allowing it to concentrate resources on its flagship Linka Tungsten Project in Nevada with drilling imminent.

Toubani Resources (ASX: TRE) is acquiring a near 20% equity interest in Avanti Gold (CSE: AGC) via a share swap, gaining exposure to the Misisi Gold Project in the DRC with a 3.1 million ounce inferred resource.

Astral Resources has reported significant deep gold mineralisation extending well below the current Theia Deposit resource at its Mandilla Gold Project, alongside ongoing in-fill drilling to upgrade open pit resources.