Latest Murchison News

King River Resources has shifted its operational centre of gravity to the Mindoolah Gold Project, where it identified 467,659 cubic metres of historical stockpile and waste material for evaluation. The company’s $15.9 million annual profit was driven mainly by gains on Tivan securities rather than mining revenue, leaving drilling results and funding capacity as the next tests.

Everest Metals has started a 6,000-metre drilling campaign at Revere while commissioning a Scoping Study targeted for March quarter 2027. A separate $150,000 cash and share transaction would lift EMC’s stated joint venture interest to 56% and halve a royalty burden over selected tenements.

PLC Resources has started an approximately 2,400-metre RC drilling program at Rochefort, testing whether early gold anomalism marks the edge of a larger system. The eight-hole campaign is expected to produce first assays in four to six weeks, but the company cautions that its larger-system interpretation remains conceptual.

Voltaic Strategic Resources has identified malachite-rich copper mineralisation across an approximately 100-metre area at its El Dinero prospect in Western Australia. Preliminary pXRF readings reached an average 8.31% copper in one selected sample, although laboratory assays are needed before the results can be treated as representative.

Westgold Resources has outlined a fully funded plan to lift gold production to 460-510koz by FY29 while reducing AISC to A$2,640-A$3,000/oz. The formal outlook excludes its potentially transformative Fletcher Zone, leaving a sizeable but still conceptual growth option beyond the plan.

Great Boulder Resources has reported a fresh wave of high-grade drill results at its Peak Hill Gold Project, reinforcing plans for a significant resource upgrade and near-term production underpinned by an ore purchase deal with Westgold.

Discovery Alaska Limited posted a $459,211 loss for FY2026 amid exploration write-offs and ongoing project development. The company secured $354,000 in a private placement and lined up a $900,000 placement to fund its Idaho and Western Australia gold-silver ventures.

Albion Resources has locked in a three-month exclusive option to acquire four exploration licences adjacent to its Gidgee Gold Project, adding about 27 square kilometres of highly prospective ground near known high-grade gold zones and polymetallic targets.

Voltaic Strategic Resources has expanded its foothold in Western Australia's Meekatharra gold district with the acquisition of the Ruby Gem Project and initiated field exploration across its portfolio.

Valiant Gold is fast-tracking the restart of its Comet Gold Mine in Western Australia, securing major infrastructure contracts and advancing technical studies to target production resumption by Q2 FY27.

PLC Resources is set to resume drilling at Rochefort in September, aiming to expand on promising gold signals from its maiden program. Meanwhile, a fresh structural interpretation has revealed a major regional gold corridor at Abbotts North, broadening exploration prospects.

King River Resources has delivered compelling high-grade gold assay results from its Mindoolah Project, reinforcing a robust pipeline of drill-ready targets ahead of an October RC program.