Latest Gold Projects News

Patriot Resources has successfully raised $2.2 million through an oversubscribed share placement, signaling strong investor confidence as it advances exploration in Zambia and other projects.

Nordic Resources has completed a A$3.5 million institutional placement at a premium, bolstering its cash position to approximately A$6 million to advance three Finnish gold projects. The company also announces the appointment of renowned geologist Malcolm Norris as chairman, signaling a strategic push towards development.

Medallion Metals has reported outstanding drilling results from its Kundip Mining Centre, reinforcing confidence in its resource base and growth potential. The company is also advancing exclusive talks to acquire the Forrestania Nickel Operation, a key step in its sulphide development strategy.

Focus Minerals has agreed to sell its Laverton Gold Project to Genesis Minerals for A$250 million in cash, aiming to boost shareholder value and fund ongoing operations.

Aurumin Limited has reported impressive high-grade gold assay results from its recent drilling at the Gwendolyn deposit, setting the stage for a resource upgrade and advancing development plans at the Johnson Range Gold Project.

AuMEGA Metals Limited is advancing its exploration programs across multiple projects in Newfoundland, backed by a strong capital position and an experienced management team. The company is focused on expanding its mineral resources and uncovering new deposits in a region gaining attention as a new mining district.

AuMEGA Metals has launched an ambitious diamond drilling program at its Cape Ray and Bunker Hill projects in Newfoundland, revealing encouraging early gold results that hint at a larger mineralised system.

Red Mountain Mining has visually confirmed an extensive antimony mineral system with stibnite veins stretching over 1km at its Armidale project in New South Wales, positioning the company to benefit from soaring antimony prices.

Genesis Minerals has secured the Laverton Gold Project from Focus Minerals for A$250 million, significantly expanding its resource base near its Laverton mill and advancing its ASPIRE 400 growth strategy.

Aldoro Resources has launched a strategic review of its non-core exploration assets following external interest, while reaffirming focus on its flagship Kameelburg project.

Orbminco Limited has entered a binding agreement to acquire the Majestic North Gold Project in Western Australia, boasting a JORC-compliant resource of nearly 40,000 ounces of gold. The company is raising A$0.88 million to support due diligence and exploration activities.

Alvo Minerals has terminated its planned acquisition of the Lavra Velha Gold Project after due diligence concerns, leading to the cancellation of a $2.93 million entitlement offer and the launch of a new discounted $1.6 million rights issue to fund ongoing exploration.