Latest Gold Prospectivity News

Mt Malcolm Mines (ASX:M2M) is gearing up for a major drilling campaign at its Calypso Gold Prospect, aiming to convert a substantial Exploration Target into a JORC-compliant Mineral Resource. The program follows high-grade discoveries at the newly identified T3 Constance Lode and historical multi-lode mineralisation.

Cygnus Metals has delivered robust high-grade drilling results at its Golden Eye deposit, reinforcing its strategy to upgrade inferred resources to indicated status, while commencing exploration at the Gwillim gold prospect with JV partner Alamos Gold.

Moho Resources has kicked off a 5,000m drilling campaign at its Rocky Ridge gold prospect, aiming to unlock extensions beneath historic high-grade underground workings. Early soil sampling has also revealed fresh gold targets near historic pits, setting the stage for a busy exploration season at Bush Chook.

Hammer Metals reports strong initial drilling results at its Kalman Critical Metals Project, confirming broad zones of copper, gold, molybdenum, and rhenium mineralisation and supporting a resource upgrade ahead of a Scoping Study.

Desert Metals has expanded its Tiogo gold anomaly at Tengrela South, Côte d'Ivoire, by over 3km northwards, unveiling a new high-priority target ready for drilling.

Lunnon Metals delivered over 2,200 ounces of gold in April 2026 from Lady Herial, generating $9 million in revenue and maintaining its schedule to complete mining by September.

Great Western Exploration is set to begin a 3,000m air core drilling campaign at its Diorama copper-gold target in Western Australia, marking a key step in its broader Yerrida North Project exploration.

Legacy Iron Ore Limited has wrapped up Phase I mining at Mount Celia, pivoting to develop a heap leach processing facility while reporting a 77% surge in measured and indicated gold resources. The company also progresses its Mount Bevan iron ore joint venture amid ongoing exploration and feasibility studies.

PLC Resources has secured A$1.8 million through a share placement to fund expanded drilling and exploration at its Yalgoo and Abbotts North gold projects in Western Australia, marking a key step in advancing resource potential.

Nordic Resources (ASX:NNL) has delivered significant new gold intersections from its maiden 2026 drilling at Vesipera, part of the Kiimala Trend project in Finland, confirming and expanding known mineralisation and setting the stage for a maiden JORC resource update.

Red Mountain Mining has gained NSW Resources Regulator approval for a 32-hole reverse circulation drilling program at its Oaky Creek Antimony-Gold Project, targeting a significant 3km strike of orogenic mineralisation. An orientation Induced Polarisation survey has been completed to refine drill targeting, with results expected soon.

Encounter Resources has achieved strong metallurgical recoveries of 51-53% niobium and up to 57% Nb2O5 concentrate grade from the Green deposit at its Aileron Project, validating conventional processing methods and supporting multi-decade mining potential.