Latest Gold Resource Upgrades News

New Murchison Gold Limited (ASX:NMG) has boosted its Garden Gully Gold Project mineral resource by 47%, adding maiden resources for Lydia and Abbotts and lifting total contained gold to 359,000 ounces.

Rumble Resources has boosted its Western Queen gold mineral resource to 433,600 ounces, including a 54% jump in Indicated Resources and a fresh high-grade zone of 52,500 ounces at 11.3 g/t gold. The upgrade follows extensive drilling and will feed into a September Bankable Feasibility Study, keeping production on track for 2027.

Sunshine Metals has kicked off a comprehensive airborne magnetic and radiometric survey at its Sybil Gold Project in Queensland, setting the stage for a drilling program targeting multiple high-grade prospects including the first-ever tests at Francis Creek East.

Sunshine Metals has agreed to sell its Hodgkinson Project to EQ Resources for $250,000, freeing up capital and management bandwidth to accelerate gold production at Mt Moss and exploration at Sybil.

Sunshine Metals has secured $7.7 million through an oversubscribed Share Purchase Plan, exceeding its $3 million target, to fund the Mt Moss processing facility acquisition and Liontown mine start-up.

Forrestania Resources has secured a strategic gold tenure package in Western Australia's Newington district through a $1.5 million share-based acquisition of Midas Minerals’ Newington project, complemented by milestone-linked deferred payments.

Barton Gold’s preliminary gravity test at its Tolmer Silver prospect produced a concentrate grading above 100,000 g/t silver, prompting an expedited follow-up drilling campaign to explore extensions and confirm metallurgical potential.

Rumble Resources has pushed deeper into its Western Queen Central deposit with a standout 9.45m intercept grading 11.16 g/t gold, reinforcing a string of high-grade hits that promise a significant resource upgrade.

Sunshine Metals has launched a significant resource definition drilling program at its high-grade Liontown Gold Panel, aiming to bolster underground mining prospects and update resource estimates.

Pacgold Limited reports strong initial assay results from its White Dam resource drilling, confirming high-grade gold and copper mineralisation consistent with existing models and supporting a resource upgrade. The company advances towards mine planning and production in 2026.

Horizon Minerals Limited has announced a significant update to its gold mineral resource, increasing contained ounces to 1.88 million by lowering cutoff grades and accounting for mining depletion. This comprehensive update spans multiple key deposits and sets the stage for upcoming development studies.

Verity Resources has delivered strong drilling results at its Monument Gold Project, secured full ownership of Botswana copper-silver assets, and confirmed significant rare earth mineralisation in Brazil, setting the stage for a pivotal 2026.