Latest King Of The Hills News

Vault Minerals met its FY26 gold production guidance with 336,540 ounces and has kicked off underground development at Sugar Zone, setting the stage for a plant restart in early FY28.

Vault Minerals has fully settled its remaining gold hedge positions, paying $31.2 million from cash reserves with no shareholder dilution. This move leaves the company entirely unhedged, maximizing its exposure to current gold prices.

Augustus Minerals' latest assays from its March drilling at Music Well reveal consistent wide gold mineralisation with notable high-grade intervals, reinforcing the prospect's potential in a prolific WA gold belt.

Legend Mining has pinpointed anomalous gold mineralisation aligned with a major induced polarisation anomaly at Pyrophyllite Hill within its Pinnacle Well Project, advancing plans for drill testing pending heritage approvals.

Vault Minerals is on track to meet FY26 production targets with a strong focus on expanding its King of the Hills operation and progressing a merger with Regis Resources, positioning itself as a senior gold producer.

Augustus Minerals has launched a follow-up drilling campaign at its Clifton East prospect within the Music Well Gold Project, aiming to refine the strike and dip of promising gold mineralisation discovered earlier this year.

GoldArc Resources has locked in A$7.2 million through a placement to fast-track exploration along the largely untested 9km Ursus Fault corridor at Leonora North, aiming to expand its 152,000-ounce resource and advance production plans.

Regis Resources Ltd (ASX:RRL) and Vault Minerals Ltd (ASX:VAU) have agreed to merge via a scheme of arrangement, forming a new senior gold producer with over 700,000 ounces annual production and a market cap near A$10.7 billion.

Regis Resources and Vault Minerals have agreed to merge, creating Australia's third-largest ASX-listed gold producer with over 700,000 ounces annual output and a diversified asset base.

Recharge Metals has kicked off exploration at its Sunset Well Gold Project in WA, backed by a $6 million war chest and a leadership reshuffle bringing in geologist Luke Timmermans as CEO.

CGN Resources has significantly boosted its Western Australian gold portfolio by securing the Desdemona Project from Patronus Resources, setting the stage for a maiden drilling campaign at Christmas Well and Panhandle projects in May 2026.

Vault Minerals delivered 78,578 ounces of gold in the March quarter at an AISC of A$3,006/oz, generating a remarkable $229 million in underlying free cash flow. The company completed the first stage of its King of the Hills plant upgrade and declared a maiden dividend, reinforcing its position as a high-yielding gold producer.