Latest Gold Recovery News

Mount Hope Mining (ASX:MHM) is gearing up for Phase 3 drilling at its Mt Solitary gold project in NSW’s Cobar Basin after delivering high-grade intercepts and exceptional metallurgical results. The company is also expanding its exploration footprint and progressing towards a maiden JORC Mineral Resource estimate.

Paterson Resources has boosted its Inferred Mineral Resource Estimate at the Grace Gold Project to 200,000 ounces, revealing shallow, high-grade gold mineralisation with strong open cut potential.

Arika Resources has locked in strong assay results extending gold mineralisation at Yundamindra and commenced drilling at Kookynie, backed by full project ownership and a $6.55 million placement.

Rumble Resources has upgraded its Western Queen gold resource by 17% to 433,600 ounces, secured a near five-year toll milling agreement, and progressed feasibility and permitting work, setting the stage for production in 2027.

Strickland Metals has boosted its Rogozna Project mineral resources to 9.25 million ounces gold equivalent, driven by a 50% increase at the Gradina deposit and a maiden indicated resource at Shanac. Metallurgical tests confirm strong gold recoveries, while drilling delays at Shanac temper near-term exploration progress.

Far East Gold has boosted its stake in the Idenburg Gold Project to 51%, revealing a 44% increase in inferred gold resources to 780,000 ounces. The company’s Independent Board Committee advises shareholders to reject an unsolicited takeover bid from Xingye Gold, which an expert deems undervalues the company.

Mount Hope Mining delivered high-grade gold assay results and robust metallurgical testwork at its Mt Solitary project, advancing toward a maiden JORC resource with Phase 3 drilling imminent.

Alice Queen Limited’s Project Definition Study for the Horn Island Gold Project reveals robust economics with a pre-tax NPV of A$706 million and an IRR of 109%, underpinning plans for an 11-year mine life and a rapid 1.1-year capital payback.

Predictive Discovery reported a 33% increase in gold production to 64,026 ounces in Q2 2026, driven by Kiniero’s operational ramp-up and advancing development at the Bankan project.

High-Tech Metals has completed a major drilling program at Mt Fisher with promising early assays and delivered exceptional metallurgical recoveries at Wagtail, progressing both projects toward near-term production.

Leeuwin Metals has expanded its Marda Gold Project resource to 378,600 ounces, boosting Indicated ounces by 41% and Evanston ounces by 22%. The upgrade sets the stage for development studies and ongoing exploration.

Skylark Minerals has completed Phase 1 drilling at its M’Basso Prospect, extending gold mineralisation to 750m strike and reporting broad high-grade intersections. The company also secured 100% ownership of the Vavoua Gold Project in Côte d’Ivoire.