Latest Lachlan Fold Belt News

Koonenberry Gold has kicked off a seven-hole RC and diamond drilling program at its Dunedoo Project in NSW, targeting the untested Bolinda Vale copper-gold porphyry system and the Hillside gold-silver anomalies.

Adavale Resources has reported a standout 19m intercept at 4.0g/t Au well outside the current London-Victoria Mineral Resource Estimate, signalling potential for a significant resource upgrade due in Q3 2026.

Alice Queen Limited has bolstered its Horn Island gold project with an updated resource of 569,000 ounces and a robust Project Definition Study showing a pre-tax NPV of A$706 million. A 2026 drilling program is underway to test a large-scale Exploration Target of up to 2.3 million ounces.

Adavale Resources has executed a $1.2 million deal selling its Marree Embayment uranium assets to Orpheus Uranium, pivoting capital and attention towards advancing its gold-copper Parkes Project in NSW.

Kuniko Limited has extended the high-grade mineralised system at its Silica Hill prospect by approximately 100 metres through Phase 2 diamond drilling, highlighting significant resource growth potential ahead of a planned update.

Adavale Resources' latest assays from five drill holes reveal consistent, wide gold mineralisation beneath the London-Victoria open pit, reinforcing expectations for a resource upgrade this quarter.

Kuniko Limited has fast-tracked its earn-in to a 51% interest in Impact Minerals’ Commonwealth-Silica Hill project, hitting the milestone a full year ahead of schedule after $1.5 million in exploration spend.

New Age Exploration (ASX: NAE) has refined its drill targets at the Wallah Silver Project in NSW by reprocessing historic 2009 induced polarisation (IP) data with modern techniques, confirming untested high-grade mineralisation along strike and at depth. Drilling is scheduled for Q3 2026 to test these promising zones.

Kuniko Limited has fast-tracked its acquisition of a 51% stake in the Commonwealth-Silica Hill gold-silver-copper project, achieving the earn-in milestone over a year early and setting the stage for resource expansion and district-scale exploration.

Koonenberry Gold has completed its acquisition of the Gundagai Gold-Copper Project, adding 485km2 to its Lachlan Fold Belt portfolio and unlocking multiple high-grade targets for near-term drilling.

Godolphin Resources intensifies exploration at Mt Aubrey and Copper Hill East, leveraging a streamlined portfolio and a strategic pivot to precious and base metals in NSW’s Lachlan Fold Belt.

Adavale Resources has reinforced the continuity of gold mineralisation beneath its London-Victoria open pit, reporting significant drill intercepts including 31m at 1.29g/t Au just 16m below the pit floor, underpinning near-term production prospects and a forthcoming resource update.