Latest Laverton News

Redcastle Resources has received final assay results from its extensive grade control drilling at Redcastle Reef, confirming multiple thick, high-grade gold intercepts and reinforcing the deposit's geological model.

Rincon Resources has agreed to sell its Laverton assets to Galleon Metals, receiving shares in return, while preparing to sell or joint venture its West Arunta project as it concentrates on its Telfer South and Crackerbox projects.

Great Southern Mining has commenced co-funded diamond drilling at two promising Western Australian targets, aiming to unlock platinum group elements and high-grade gold mineralisation.

Vita Resources has commenced mobilisation for its inaugural auger drilling campaign at the Ninnis Gold Project in Western Australia, targeting key regional structures known for significant gold discoveries.

Iceni Gold has identified a high-priority gold target at Goose Well within its 14 Mile Well Project, confirming significant mineralisation through historic drill resampling. A 23-hole reverse circulation drilling campaign is set to begin in late March 2026 to test the system's potential.

Rincon Resources has successfully raised $3.1 million to fund an expanded drilling campaign at its promising Telfer South Gold-Copper Project, following the discovery of a significantly larger mineralised zone at the Hasties Prospect.

CVC Limited has finalized the unconditional sale of its Laverton property through a joint venture, forecasting a significant profit and strong cash inflow for FY 2026.

Genesis Minerals has announced a recommended scheme to acquire Magnetic Resources for A$639 million, significantly expanding its gold resource base and advancing its ambitious ASPIRE 500 production goal.

Genesis Minerals has reported a remarkable fourfold increase in net profit after tax to A$238 million for the first half of FY26, driven by a 58% rise in gold production and robust margins. The company’s strong cash position and accelerated growth plans position it well for the year ahead.

Bega Cheese Limited reported a strong half-year performance with a 5% revenue increase and a 55% jump in net profit, alongside a higher interim dividend and ongoing operational consolidation.

Latitude 66 Limited has launched a significant Phase 2 drilling program at its Laverton Gold Project, aiming to build on promising initial results and expand its gold resources. The campaign targets high-grade zones at Red Dog and Tin Dog, with assay results expected in Q2 2026.

GR Engineering Services has been named preferred contractor for Brightstar Resources’ Laverton Processing Plant, a major 1.5 Mtpa gold facility in Western Australia, pending final investment and funding decisions.