Latest Gold Projects News

Red Mountain Mining's recent desktop study of the Fry Lake Gold Project reveals promising gold mineralisation across multiple claims, setting the stage for an active 2025 exploration season amid soaring gold prices.

Lefroy Exploration has partnered with BML Ventures under a profit-sharing agreement to develop the Lucky Strike gold deposit, aiming to start mining operations in the second half of 2025. This collaboration leverages BML's mining expertise and funding, while Lefroy retains half the profits from the project.

BMG Resources has addressed ASX's query on recent share price and volume spikes, confirming no undisclosed information but highlighting imminent assay results from its Abercromby Gold Project.

Koonenberry Gold has initiated a targeted diamond drilling campaign at its Enmore Gold Project in NSW, aiming to expand on historically significant gold mineralisation at the Sunnyside Prospect. This marks the first follow-up drilling since acquisition, with promising intercepts suggesting substantial upside.

Matsa Resources has reported a standout high-grade gold intercept of 12.98g/t at its Fortitude North project, confirming a second lode structure and reinforcing its exploration model of multiple stacked mineralised lodes.

Resouro Strategic Metals Inc. posted a $5.28 million net loss for the nine months ended December 31, 2024, reflecting increased exploration and administrative expenses as it advances its Tiros Titanium and Rare Earth Elements Project. The company bolstered its balance sheet with a successful ASX dual listing and private placements but faces ongoing challenges to sustain operations.

Challenger Gold has reached a key milestone in its Hualilan project, finalising mine designs and schedules that increase mineral grades by 10%, while progressing toll milling readiness and operational flexibility.

Askari Metals has announced a significant 28% upgrade to the gold resource at its 100%-owned Burracoppin Gold Project in Western Australia, now containing 82,700 ounces of gold. The company highlights strong exploration potential and ongoing investor interest amid record gold prices.

Hot Chili Limited confirms a major copper-gold porphyry discovery at La Verde, Chile, with new drilling revealing extensive mineralisation and promising growth potential for its Costa Fuego project.

Nexus Minerals has launched an 11,000-metre aircore drilling program at its Wallbrook Gold Project, targeting promising new and existing gold prospects with assay results expected by April 2025.

Zenith Minerals has secured Program of Work approval to launch a new drilling campaign at its Dulcie Far North gold project, following a 40% resource increase. The company is also advancing development studies and exploring multiple new regional gold targets.

Southern Hemisphere Mining's 2024 drilling campaign at Llahuin in Chile reveals promising copper-gold grades and extends the Cerro-Ferro system strike, setting the stage for deeper exploration in 2025.