Latest Gold Prospectivity News

Helix Resources has successfully raised close to $2 million through an oversubscribed rights issue and a follow-on placement, positioning the company to accelerate drilling and resource estimation at its White Hills and Gold Basin projects.

Augustus Minerals has raised $1.675 million through a placement to fund maiden drilling at its Music Well gold targets and advance the Mt Kare project application. The capital boost positions the company with nearly $2.75 million in cash to accelerate exploration activities through 2025.

Critical Resources has acquired 90% of the Rock and Pillar prospecting permit, consolidating a strategic 10km strike along the prospective Cap Burn Fault in New Zealand ahead of a planned drill program.

Terrain Minerals has initiated an induced polarisation geophysical survey over its Wildflower Gold Prospect, aiming to pinpoint sulphide zones beneath known gold mineralisation. With drilling approvals secured and promising nearby results, the company is poised for a pivotal exploration phase.

Lunnon Metals reports significant high-grade gold assay results from infill drilling at its Hustler prospect, confirming two distinct mineralised structures and moving closer to an initial Mineral Resource estimate. Meanwhile, exploration at Defiance West reveals structural complexity with anomalous base metals but no significant gold yet.

North Stawell Minerals is set to begin diamond drilling in late September to follow up a standout high-grade gold intercept at its Darlington Prospect in Victoria. The program aims to explore extensions of a quartz-sulphide vein with visible gold, potentially unlocking a significant new gold system.

iTech Minerals has announced a $2 million equity raise, including a $1 million Share Purchase Plan offering shares at a 14.2% discount to fund key mineral exploration projects and working capital.

Lion Selection Group has committed $0.5 million to Peregrine Gold’s $3 million placement, gaining a foothold in promising Pilbara gold and iron ore projects with significant exploration upside.

New Murchison Gold Limited reports a series of high-grade gold intersections from regional drilling across multiple prospects in Western Australia's Abbotts Greenstone Belt, signaling promising growth beyond its flagship Crown Prince Gold Mine.

Terrain Minerals has reported a significant gold intersection of 22 metres at 2.71 g/t from its recent drilling at the Lightning & Monza Gold Prospect, reinforcing its exploration strategy and advancing the project towards a resource estimate.

Lightning Minerals is set to commence a significant diamond drilling program targeting high-grade gold zones at its newly acquired Mt Turner project in Queensland, aiming to unlock deeper mineralisation along the Drummer Fault.

Sunshine Metals has raised $5 million through a placement to fast-track exploration at its Sybil epithermal gold targets and advance the Liontown gold study within its Ravenswood Consolidated Project.