Latest Goldfields Region News

GoldArc Resources has locked in a binding agreement with Mineral Mining Services to fully fund the development of its Leonora South gold deposits, removing capital barriers and setting a clear path to production.

Golden Mile Resources (ASX: G88) has agreed to sell its final 20% interest in the Leonora Gold Joint Venture to Navigator Mining for A$250,000, marking its exit from the project after Navigator earned an 80% stake.

Dundas Minerals has been granted a key mining lease for its Capricorn Gold Project in Western Australia, enabling the company to exercise its option to acquire an 80% stake and kickstart drilling aimed at extending the resource along a promising mineralised corridor.

Strata Minerals Limited has expanded its Zelica Gold Project corridor to approximately 9.5km through a strategic tenement acquisition and completed a 2,209m Phase 2 RC drilling program, with assay results expected within 4-6 weeks.

Perenti Limited has secured a 12-month extension of its underground mining services contract with Regis Resources at the Duketon Operations, increasing contract value by approximately A$180 million and extending the term to at least March 2029 without additional capital requirements.

Vita Resources NL has temporarily halted its maiden drilling program at the Ninnis Gold Project due to Tropical Cyclone Narelle, completing 850 of 1,200 planned auger holes. The company expects drilling to resume later in April, pending weather and ground conditions, with assay results forthcoming.

Empire Resources Limited has completed the issuance of 1 million shares under the second tranche of its placement, following shareholder approval at the recent extraordinary meeting. This move strengthens the company’s capital base as it pushes forward with its gold and copper projects in Western Australia.

Ballard Mining reports promising drilling results at its Mt Ida Gold Project, extending mineralisation and targeting new open pit resources to supplement the Baldock deposit. The company advances towards a maiden ore reserve and feasibility study in 2026.

Sarama Resources has progressed exploration at its Australian Cosmo and Mt Venn gold projects while pursuing a $242 million arbitration claim against Burkina Faso over a disputed permit withdrawal.

Empire Resources has completed the second tranche of its share placement, raising nearly A$2 million following shareholder approval. This capital boost supports the company’s ongoing exploration ambitions in Western Australia’s gold and copper sectors.

Orbminco Limited has announced a significant update to its Majestic North Gold Project resource, increasing contained gold ounces by 127% and highlighting a high-grade domain that could accelerate mining plans.

Redcastle Resources has reported promising high-grade gold intercepts from a broad spaced drilling program, revealing a potential westward extension of the Redcastle Reef mineralisation beyond its current footprint. This discovery opens new avenues for resource growth and mine planning flexibility.