Latest Gold Resources News

Savannah Goldfields completes drilling at Big Reef and advances exploration at Electric Light, targeting resource expansion and imminent mining at Georgetown.

Advance Metals Limited has reported significant upgrades to gold grades at its Happy Valley Prospect in Victoria, Australia, following a re-assay program using the more precise screen fire method. Ongoing drilling aims to extend mineralisation deeper and along a broader regional trend.

Great Boulder Resources has raised $5 million through a strategic placement led by Tribeca Investment Partners, positioning the company to accelerate exploration and target a one million ounce gold resource at its Side Well project.

Piche Resources is set to begin an extensive reverse circulation drilling program at its Cerro Chacón gold project in Argentina, aiming to unlock significant gold-silver potential.

Western Gold Resources Limited has released an updated Scoping Study for its Gold Duke Project, revealing a 47% increase in estimated cash surplus to A$56.1 million at a conservative gold price. The study outlines a 14-month mine life with enhanced production targets and secured processing agreements, positioning the project for near-term development.

Adavale Resources has reported its strongest gold intercept in three decades at the London Victoria Gold Mine, revealing significant potential to expand its resource base well beyond current estimates. The company is gearing up for a second phase of drilling to further explore these promising findings.

Dreadnought Resources announces a significant 36% increase in the high-grade Measured and Indicated gold resource at its Star of Mangaroon project, underpinning an updated open pit study and advancing commercial discussions.

Kula Gold has agreed to sell its Westonia Project to Forrestania Resources for an upfront $500,000 plus a $1 million contingent payment tied to resource discovery. This move sharpens Kula’s focus on advancing its Mt Palmer Gold Project.

Kula Gold has agreed to sell its Westonia Project to Forrestania Resources for an upfront $500,000 plus a $1 million contingent payment tied to a significant gold resource discovery.

Maronan Metals has released a Preliminary Economic Assessment for its Starter Zone project, revealing strong financial metrics and two viable development options – an onsite processing plant and a toll-treatment alternative.

Loyal Metals reveals a strategic pivot to copper with its Highway Reward mine, tapping into remnant resources and AI-driven exploration to capitalize on soaring commodity prices.

Resources & Energy Group Limited (ASX, REZ) has announced its first inferred mineral resource at the Gigante Grande prospect, part of the East Menzies Gold Project in Western Australia, marking a significant milestone with 40,700 ounces of gold identified within an optimised open pit shell.