Latest Lachlan Fold Belt News

Waratah Minerals expanded its Spur Gold Project drilling with 12 rigs, confirming extensive high-grade gold zones and consolidating the district through strategic acquisitions. A $48 million capital raise underpins ongoing exploration.

Godolphin Resources has unveiled a significant polymetallic sulphide discovery at Cousin Jack within its Lewis Ponds Project, alongside progressing an IPO to spin out its Narraburra Rare Earths asset into Matrix Critical Minerals.

Godolphin Resources' JV partner Great Plains Metals has delivered a substantial copper-gold porphyry intercept at Goodrich, NSW, validating the exploration model and highlighting the project's scale potential.

Xpedra Resources has reported its strongest drilling results at the Springfield Gold Deposit, revealing thick, high-grade gold zones over 400 metres of strike and open at depth, alongside shareholder approval for acquiring the high-grade Neeld Gold Project.

Talisman Mining’s latest drilling at Sheepyard reveals broad shallow gold zones over 800m, signalling a large-scale system. New CEO Todd Ross takes the helm amid active exploration and $3.09 million cash.

Koonenberry Gold (ASX:KNB) bolstered its NSW portfolio by acquiring the Gundagai Gold-Copper Project and delivering strong drill results at Enmore and Junee JV, positioning for an active exploration phase.

Talisman Mining’s recent aircore drilling has revealed broad, shallow gold mineralisation over an 800m strike at Sheepyard, NSW, aligned with a sizeable untested IP anomaly. Follow-up drilling is planned to explore this emerging large-scale gold system further.

Argent Minerals has bolstered confidence in its Kempfield silver-polymetallic project with deep diamond drilling results and appointed mining veteran Mike McKevitt as CEO to steer development efforts.

Adavale Resources has uncovered six additional near-mine gold prospects adjacent to its London-Victoria Gold Mine, strengthening its Parkes Thrust Project pipeline ahead of a resource update scheduled for September 2026.

Koonenberry Gold Limited has locked in $4 million through a share placement to accelerate drilling and geochemical studies across its NSW projects, including the newly acquired Gundagai.

Kali Metals has identified multiple new high-grade gold prospects at its Marble Bar Project, with rock-chip samples hitting up to 53.1 g/t Au and soil sampling revealing extensive gold-in-soil anomalies over previously untested ground.

Kuniko Limited has started Phase 2 diamond drilling at its Commonwealth-Silica Hill Gold-Silver Project in NSW, aiming to extend high-grade mineralisation and explore a broader 5km² mineralised system. Assay results are due in September, with a resource update planned for late 2026.