Latest Quartz News

Clara Resources is set to kick off a maiden drilling campaign at its Mareeba Gold Project, marking the first drilling activity since the late 1980s. The program, fully funded by a $1.165 million placement, targets historic high-grade gold zones and aims to establish a maiden JORC Mineral Resource.

Right Resources has boosted its Blue Prospect gold target with a standout 5.16 g/t rock-chip assay, refining a 4 km gold corridor and setting the stage for maiden drilling in September.

Great Northern Minerals (ASX: GNM) reported a $3.8 million loss for FY26 amid major US acquisitions, including the Iron Butte gold-silver project with a maiden resource of 480,000 oz gold and 11.5 million oz silver, and the Catalyst Ridge rare earths project. The company also completed a $2 million divestment of its remaining Golden Ant interest.

Dundas Minerals has stitched together a continuous gold corridor north of Kalgoorlie, adding nine licences including the high-grade Gemini prospect. Historical drilling highlights untested mineralisation open along strike and depth, setting the stage for a major drilling campaign starting late September.

Great Divide Mining has consolidated and restated a high-grade gold resource at its Adelong Project, confirming 169,700 ounces of contained gold with over half classified as Measured or Indicated.

Sunstone Metals has delivered robust drilling results at its Bramaderos Gold-Copper Project in Ecuador, expanding the Melonal porphyry system with long mineralised intervals and strong grades, setting the stage for a resource update.

Famien Resources has expanded its landholding in Côte d’Ivoire by 871 km2 and reported encouraging gold intercepts from ongoing RC drilling at the Bonougbara Trend, confirming a substantial mineralised system with further work planned.

Liberty Metals’ maiden fieldwork at the Oko North Project in Guyana has uncovered extensive artisanal workings and visible gold, validating its exploration strategy ahead of a large soil sampling campaign. The project sits adjacent to multi-million-ounce deposits in the prolific Oko gold district.

Gorilla Gold Mines has significantly expanded a high-grade footwall gold discovery at its Sovereign deposit in WA, extending the strike length to over 1 kilometre and revealing multiple exceptional intercepts outside the current resource.

Taruga Minerals has unveiled exceptional gold and silver assays from rock chip sampling at its East Normanby Gold Project, confirming extensive high-grade epithermal mineralisation across an 8km corridor. The company is set to kick off its maiden diamond drilling program at the Weioko Gold Deposit, with multiple new targets identified for follow-up.

Southern Cross Gold’s latest drilling at Sunday Creek delivers a blistering 972 g/t gold hit at 620 metres depth and pushes high-grade gold-antimony veins closer to surface and further east than ever before.

Unity Metals has significantly expanded the known gold mineralisation at its O’Phlay Gold Project in Cambodia, hitting a 70.4m intercept at 1.1 g/t gold that extends the deposit to at least 230m depth and remains open.