Latest Murchison News

Great Boulder Resources has completed its acquisition of the Peak Hill Gold Project, adding a 481,000-ounce resource and setting a course for near-term production. Concurrently, drilling at its Side Well project continues to expand a million-ounce resource, supported by a strong cash position and strategic partnerships.

PLC Resources has completed its first RC drilling at Rochefort, revealing anomalous gold and identifying a new structural corridor at Abbotts North. The company also raised $1.8 million to fund exploration at its Yalgoo and Abbotts North projects.

Golden Dragon Mining has raised A$2.2 million through a strategic placement to Chengtun Gold, a subsidiary of Shanghai-listed Chengtun Mining Group, at a near 18% premium. The deal grants Chengtun a board seat and aims to accelerate exploration at the Cue Gold Project.

Austin Metals has wrapped up a 4,216-metre RC drilling campaign at its Austin Gold Project, testing newly defined BIF-hosted gold targets at Brunswick Hill and Mt Sandy, with assay results still pending.

Valiant Gold has made significant progress toward restarting its Comet mine with dewatering underway and technical studies advancing, while maiden drilling at Reedy reveals gold mineralisation extending over 400 metres below the existing resource.

Mamba Exploration has completed its acquisition of a 70% stake in the Meeka East Gold Project, identified over 20km of gold anomalies through soil sampling, and secured $90,000 in government co-funding for an upcoming drilling program.

S2 Resources secured new tenements, completed heritage and aeromagnetic surveys, and obtained drilling approvals across WA, NSW, and Victoria, maintaining a robust cash position of A$18.57 million.

Terrain Minerals has delivered a maiden Inferred Mineral Resource Estimate of 54,000 ounces of gold and 156,500 ounces of silver at its Lightning Gold Project in Western Australia, setting a foundation for resource expansion and development.

BOA Resources has secured full ownership of Core Value Australia NL, adding the Thaduna and Green Dragon copper deposits to its Neds Creek portfolio and gearing up for a 15,000m maiden drilling campaign.

Reach Resources has locked in a fully funded mining and milling agreement with Andel Resources at Murchison South, alongside a 30% increase in its Blue Heaven gold resource to 80,000 ounces at higher grade.

OZZ Resources moves closer to acquiring Sulphide Minerals and regaining ASX listing with a $5 million capital raise, while navigating legal challenges on key tenements.

PLC Resources' maiden drilling at Rochefort reveals anomalous gold with geochemical signs of a larger system nearby, while a new structural corridor expands regional exploration scope.