Latest Lachlan Fold Belt News

Impact Minerals’ JV partner Kuniko has kicked off Phase 2 diamond drilling at the Commonwealth-Silica Hill Project in NSW, aiming to expand newly discovered high-grade gold-silver zones. The initial 1,300m program follows a 100% success rate in Phase 1 and sets the stage for a resource upgrade in late 2026.

Xpedra Resources has delivered its strongest drilling result yet at the Springfield Gold Deposit in NSW, hitting a thick, high-grade zone that extends known mineralisation and underpins the project's growth potential.

Adavale Resources has consolidated its Parkes Project footprint with the grant of EL9918 and transfer of EL9178, revealing high-grade gold-copper-silver surface samples that extend mineralisation at the Ashes Prospect. This tenure consolidation unlocks multiple walk-up drill targets across a major gold-copper corridor in NSW's Lachlan Fold Belt.

New Age Exploration (ASX: NAE) has kicked off its maiden field program at the Wallah Silver Project in NSW, progressing permitting and contractor selection for Phase 1 drilling, while sharpening targets through historic data reprocessing ahead of Phase 2 drilling planned for late Q3 2026.

Kuniko Limited is set to commence an expanded Phase 2 drilling campaign at its Commonwealth Gold-Silver Project in NSW, aiming to build on high-grade discoveries from Phase 1 and explore new targets along a 4km corridor.

Tarrina Resources has extended gold mineralisation beyond historic workings at Christmas Gift, revealing high-grade intersections including 0.5m at 42.26 g/t Au and validating historic data with modern drilling.

Kincora Copper has sealed definitive agreements to divest its Mongolian subsidiaries for US$10 million, marking a strategic pivot to focus on its Australian gold-copper projects.

Godolphin Resources’ mineralogical study at Lewis Ponds reveals talc dilution in lead concentrate, proposing a pre-flotation step that could double lead grade and boost precious metals recovery.

Xpedra Resources has reported strong new assay results from its maiden drilling at the Springfield Gold Deposit in NSW, confirming extensive shallow gold mineralisation over 180 metres of strike and 70 metres depth. A follow-up drilling program is set to test deeper extensions.

Adavale Resources has reported assay results from 13 additional drillholes at its London-Victoria gold mine, confirming and expanding gold mineralisation beneath the historic open pit. The ongoing drilling program supports a larger mineralised system along the Parkes Thrust corridor, with promising metallurgical testwork and a planned resource update.

Koonenberry Gold (ASX:KNB) has pinpointed a significant near-surface porphyry copper-gold target at its Dunedoo Project in NSW, backed by robust geological, geophysical, and geochemical data. Drill permits are secured for a Q3 2026 campaign targeting multiple priority prospects including Bolinda Vale, Hillside, and Tucklan.

Newmont Exploration has kicked off a fully funded diamond drilling campaign at Koonenberry Gold’s Junee JV, targeting a large gold-in-soil anomaly at the Allawah Prospect with results expected late 2026.