Latest Toll Milling News

Accelerate Resources Limited (AX8) has reported promising first-pass Reverse Circulation drilling results at its Balagundi Gold Project, confirming continuous gold mineralisation along the Paris Gift Trend. The initial six holes intercepted consistent gold grades, validating the company’s exploration model and highlighting significant upside potential.

Lefroy Exploration has begun mining ore at its Lucky Strike Gold Deposit, marking its transition to gold producer with first processing set for February 2026. This milestone aligns with strong gold prices, positioning Lefroy for potential cash flow generation.

Western Gold Resources Limited has released an updated Mineral Resource Estimate for its Gold Duke Project, reporting 277,000 ounces of gold and setting the stage for near-term production.

Western Gold Resources has approved the Decision to Mine for its Gold Duke Project, marking a key shift from exploration to production with first gold targeted in early 2026.

Lefroy Exploration has made a strong start at its Lucky Strike Gold Mine near Kalgoorlie, with pre-strip mining well underway and first ore haulage scheduled for early 2026. The company is fully funded and poised to begin toll milling in February, marking a significant step toward production.

Rumble Resources reports significant progress at its Western Queen Gold and Tungsten Project, with drilling intersecting key mineralisation and a scoping study revealing robust underground mining economics.

Mt Malcolm Mines has executed a binding agreement to acquire key components of a 500,000 tonnes per annum gold processing plant, positioning itself for future self-processing and toll-milling opportunities in the prolific Leonora gold region.

Neometals has signed a non-binding Letter of Intent with BML Ventures to jointly develop the Ironclad Gold Deposit, aiming for early production through a funded open-cut mining operation with profit sharing.

GoldArc Resources has secured a strategic partnership with BML Ventures to fast-track the Mt Stirling Project, backed by a $2.5 million non-dilutive funding facility that supports both development and broader exploration.

Lefroy Exploration has officially started mining operations at its Lucky Strike Gold Deposit near Kalgoorlie, with first ore expected by late December and gold production targeted for March 2026.

Zuleika Gold Limited has nearly doubled the mineral resource at its Credo Well Gold Project to 22,500 ounces, with mining lease applications underway and detailed mining studies planned for next year.

Horizon Minerals reports strong progress at its Phillips Find and Boorara gold projects, with significant ore stockpiles and new processing agreements set to boost cash flow despite short-term delays.