Latest Kalgoorlie News

Dundas Minerals has extended interpreted gold mineralisation at Rockland to about 170 metres below surface, led by a 4-metre interval grading 4.87 g/t gold. The early results strengthen the geological case for a 1-kilometre mineralised trend, but one-metre verification assays and more drilling are still required.

M3 Mining reduced its FY2026 loss and more than doubled cash after a $2.25 million placement, while exploration work at Edjudina produced priority gold targets. The improvement comes with an auditor-highlighted material uncertainty over the company’s ability to continue as a going concern.

Auravelle Metals has agreed to divest its Skeleton Rocks Project in Western Australia to Forrestania Resources for $250,000 in cash or shares. The deal remains subject to due diligence and other conditions, as Auravelle narrows its exploration focus to Nuckulla Hill and Crown.

TechGen Metals has emerged from a year of lower losses and stronger cash reserves with three gold projects lined up for drilling, while copper and base-metal targets remain in the portfolio. The funding runway is improved, but the August capital raising and new director securities add a material dilution question.

Pilbara Gold has reported strong initial drill results from the Terra Prospect at Roe Hills, including 46 metres at 3.17g/t gold and a narrower high-grade hit of 4 metres at 9.91g/t. The results extend evidence of a mineralised corridor at least 1.5km long, although substantial drilling and follow-up work remain.

Miramar Resources has secured A$1.25 million to fund drilling and early development work at its 80%-owned Gidji JV Gold Project near Kalgoorlie. The raise will target resource growth at Marylebone and Highway while testing deeper bedrock prospects at Marylebone and Lake.

Industrial Minerals has completed its shift from an industrial-minerals explorer towards Western Australia gold, adding a 205 square kilometre Laverton portfolio after year end. The company enters the next phase with historical high-grade intercepts, a planned maiden drilling campaign and $2.08 million in cash at 30 June.

Pilbara Gold has reported broad and high-grade gold intersections at its 2.1Moz Mt York project, including mineralisation about 100 metres below the current resource. The results support ongoing resource classification work, while deeper drilling and further assays could determine how much growth is ultimately added.

Minerals 260 has secured an additional $200 million funding package from Franco-Nevada for its 6.2Moz Bullabulling Gold Project, including $170 million in royalty funding and a planned $30 million equity subscription. The deal strengthens project financing, but the future equity raising and higher royalty burden remain important details for shareholders.

Kalgoorlie Gold Mining has secured A$2.3 million through a placement and launched a fully underwritten A$1.1 million entitlement offer to fund exploration at its Pinjin Gold Project. The capital will target new drilling at the Lighthorse discovery, where earlier assays included high-grade gold within broader mineralised intervals.

Gorilla Gold Mines has extended its Lakeview drilling story with a 7.0-metre intercept grading 12.6g/t gold, while securing the final permit for underground activities at Sovereign. Metallurgical testing across three Comet Vale deposits also returned average 94.6% gold recovery after 48 hours at a relatively coarse grind size.

Javelin Minerals is 150 metres into a deep diamond hole aimed at testing an untested magnetic anomaly beneath its Coogee gold-copper resource in Western Australia. No assay results have been reported, but the drilling could clarify whether shallow mineralisation is linked to a larger intrusive system at depth.