Latest Gold Projects News

Great Boulder Resources has resumed reverse circulation drilling at the Mulga Bill North target within its Side Well Gold Project, aiming to expand a high-grade gold resource that could surpass one million ounces.

MinRex Resources has closed its pro-rata non-renounceable entitlement option offer, raising $97,581 with a significant shortfall still available for subscription over the next three months.

Many Peaks Minerals Limited has amended its previous ASX announcement on auger sampling at the Ferké Gold Project to enhance regulatory compliance, while continuing to advance exploration with diamond drilling and planned air core and RC programs.

Matsa Resources has completed the sale of its 20% interest in part of the Lake Rebecca Gold Project to Ramelius Resources, receiving the final payment and solidifying its strategic position.

Bulletin Resources has received the final $0.8 million payment from Ramelius Resources for the partial sale of tenure at its Lake Rebecca Gold Project, completing a transaction that has injected nearly $4.8 million into the company since 2021.

Eagle Mountain Mining has issued over 202 million new shares and 50 million options, raising $1.62 million through its recent entitlement offer. The company is poised to complete the underwritten shortfall, potentially increasing its capital base further.

Scorpion Minerals has expanded its footprint in the Murchison Gold Province through a strategic farm-in and joint venture agreement with E79 Gold Mines, aiming to earn a 70% stake in the Jungar Flats Gold Project. Supported by a $1.5 million placement, the company is poised to commence drilling on high-grade targets imminently.

E79 Gold Mines has entered a strategic earn-in and joint venture agreement with Scorpion Minerals over the Jungar Flats Project, enabling E79 to reduce expenditure while focusing on promising gold and copper-gold projects elsewhere.

Asara Resources has raised $2.3 million through a placement led by Barbet L.L.C FZ to advance exploration at its Kada Gold Project in Guinea, coinciding with the appointment of Matthew Sharples as CEO.

Benz Mining has exercised its option to acquire additional tenements adjacent to the Glenburgh Gold Project, extending its potential gold strike by over 20km and reinforcing its exploration ambitions in Western Australia.

BMG Resources is ramping up its drilling efforts at the Abercromby Gold Project with assays from Phase 1 drilling imminent, aiming to expand its existing 518,000oz gold resource. Concurrently, a new drilling program is planned for the nearby Bullabulling Project following a major regional acquisition.

FireFly Metals Ltd reported a reduced half-year loss of A$5.7 million for December 2024, bolstered by a significant increase in cash reserves and strategic asset acquisitions in Canada and Australia.