Latest Gold Prospectivity News

Minerals Exploration Limited (ASX: MEX) is progressing diamond drilling at its Waitekauri Gold Project in New Zealand, focusing on shallow, high-grade gold systems historically mined at Jubilee and Sovereign prospects. Assay results from initial holes are pending, while planning continues for a significant follow-up campaign at Sovereign.

True North Copper (ASX:TNC) has agreed to sell its Bundarra Copper Project to Tec Minerals, securing A$500,000 cash, A$1 million equity in Tec Minerals, and a 1% Net Smelter Royalty, as it sharpens focus on its Mt Oxide and Cloncurry copper developments.

Mount Hope Mining has locked in a drill contractor for its Mt Solitary Phase 3 program, aiming to extend gold mineralisation and advance towards a maiden JORC resource by year-end.

CGN Resources has bolstered its position in the Leonora gold district by acquiring the 142 km² Desdemona Project, expanding its landholding to 386 km². The company has initiated its first reverse circulation drilling program at Christmas Well targeting multiple high-priority gold prospects.

Sunshine Metals has boosted its Liontown gold-silver resource in Queensland, increasing contained gold by 13%, silver by 21%, and overall tonnes by 28%, underpinning plans for mid-2027 gold production at the Mt Moss facility.

Hammer Metals has confirmed broad and continuous copper-gold-molybdenum-rhenium mineralisation at its Kalman project, highlighted by a standout 165m intercept grading 1.96% recovered copper equivalent in drill hole K162. The results bolster resource confidence ahead of a planned Scoping Study.

Empire Resources has reported promising preliminary assay results from its April 2026 RC drilling campaign at the Yuinmery Copper-Gold Project, revealing new copper and gold mineralisation across multiple prospects including the newly identified Hillside and Microbe Well zones.

A high-resolution airborne survey by PLC Resources has revealed a previously unknown large antiform structure at its Abbotts North Gold Project, opening a significant new exploration corridor in a proven gold belt. Assay results from maiden drilling at Rochefort are expected soon.

Great Western Exploration has kicked off a reverse circulation drilling campaign at its Juggernaut copper-gold project in Western Australia's Yerrida Basin, testing six volcanic-hosted massive sulphide targets with strong parallels to the nearby DeGrussa deposit.

Golden Globe Resources has launched Phase 2 diamond drilling at its Dooloo Creek project, focusing on deeper copper-gold mineralisation following encouraging Phase 1 results at Eastern Breccia and Northern Gold.

Lunnon Metals has greenlit a $13 million FY2027 exploration budget to aggressively test a conceptual 1.2-2.4 million ounce gold target at its Foster-Baker area within the St Ives gold camp, aiming to drill more metres than in any year over the past six decades.

Neometals Ltd has yet to receive A$5 million from its key investor Omaha Value Holdings for the second tranche of its placement, prompting a temporary cash preservation strategy while the company awaits funds by 30 June 2026.