Latest Quartz News

Flynn Gold Limited has reported significant progress in its Tasmanian gold exploration projects, including new high-grade gold discoveries and a successful $5 million capital raise to fund further drilling and development.

BMG Resources has reported promising first-phase drilling results at its Bullabulling Gold Project, intersecting multiple high-grade gold lodes and identifying potential extensions from a neighbouring 2.3 million ounce gold mine. The company plans an extensive follow-up drill program in 2025 to further define these discoveries.

Prospech Limited reports steady progress on rare earth element metallurgy at its Korsnäs project and promising gold-silver drill results in Slovakia, backed by a fully subscribed $2.1 million capital raising.

Koonenberry Gold has unveiled a major expansion of its Enmore Gold Project in NSW, identifying a 3km gold-in-soil anomaly along the Borah Fault and confirming high-grade gold mineralisation from historical drilling. The company is advancing a fully funded 10,000m drilling program to explore this district-scale opportunity.

Black Cat Syndicate reports visible antimony mineralisation in initial drill holes at Mt Clement, advancing one of Australia’s largest antimony deposits with assays due in November 2025.

Piche Resources has reported compelling high-grade gold and silver rock-chip results from its Cerro Chacón Project in Argentina, extending mineralisation along a 14km corridor and setting the stage for imminent drilling.

BPM Minerals is set to launch its first reverse circulation drilling campaign at the Forelands Gold Project in Western Australia, targeting the promising Beachcomber Prospect. The program aims to unlock a major gold system with results expected early next year.

Duketon Mining reports promising gold assay results from its first drilling at Killarney, secures an option to acquire the Boodanoo Gold Project, and updates nickel resource estimates at Rosie and C2 deposits.

CZR Resources has completed a $75 million sale of its Robe Mesa iron ore interest, emerging debt free with $76.3 million in cash to fund aggressive exploration at its Croydon gold and Edamurta copper projects.

DeSoto Resources has initiated its first-ever reverse circulation drilling at the historically artisanal Dadjan Gold Project and commenced power auger drilling at the Tole Gold Project in Guinea, unveiling promising early assay results.

Aurelia Metals has revealed significant exploration success at its Nymagee Mine in NSW, discovering two new mineral lenses and extending known mineralisation with promising gold and base metal grades.

Mt Malcolm Mines NL has reported strong assay results from its recent drilling at the Picnic South Gold Prospect, revealing broad intervals of consistent gold mineralisation along a 700m strike. These findings enhance confidence in the project's potential for low-cost open pit mining.