Latest Victorian Goldfields News

Black Horse Mining Limited completed an $8 million IPO and acquired an 80% stake in the Mt Egerton Gold Project holder. The company reported a $5.87 million loss for FY26, driven by exploration costs and significant share-based payments.

Novo Resources is gearing up for a 2,700-metre RC drilling campaign at the Tibooburra Gold Project in NSW, aiming to expand on high-grade gold zones at Clone and test uncharted mineralisation at Pioneer South under a new joint venture with Manhattan Gold.

Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Gold Project, a high-grade asset in Victoria’s Eastern Goldfields, while progressing due diligence on a strategic Victorian portfolio and reporting encouraging assay results from its Tasmanian projects.

Infinity Mining's exploration at Tanjil Dome in Victoria has revealed high-grade antimony up to 48.7% and associated gold up to 1.35 g/t, supported by a coherent soil anomaly extending over 500 metres. The findings outline a structurally controlled gold-antimony hydrothermal system with significant follow-up work planned.

Flynn Gold has secured a key regulatory milestone by registering Mining Lease Application 6M/2026 over part of its Golden Ridge Project in northeast Tasmania, enabling accelerated development including resource drilling and environmental studies.

Pacific Resources has completed its $400,000 acquisition of the Snowstorm Gold Project, gaining 100% ownership of the high-grade asset in Victoria’s Eastern Goldfields and expanding its regional footprint.

Aureka Limited has completed a Concept Level Study for its Comstock Gold & Silver Project, selecting the Walkers Pit as the preferred site for a low capital, fast-start mining operation. The company has lodged a Prospecting Licence application and is advancing an infill drilling program to upgrade its 56,000-ounce inferred resource.

Aureka Limited has boosted its global JORC gold resource by 26% to 455,000 ounces, driven by a 30% increase at its flagship Irvine Gold Project in Victoria’s Stawell Corridor. The upgrade reflects enhanced geological modelling and successful diamond drilling since early 2025.

Bubalus Resources has identified significant geochemical anomalies for gold and multiple pathfinder elements at its Tin Creek Prospect in Victoria, pointing to a potentially substantial hydrothermal and intrusion-related mineralising system. Follow-up exploration including airborne geophysics and detailed mapping is planned.

Dart Mining has wrapped up a major 4,100m diamond drilling campaign at the Coonambula project, triggering an increase in its ownership to 45% and revealing promising gold, silver, and antimony grades.

Pacific Resources (ASX: PXR) has advanced its acquisition of the Snowstorm Gold Project in Victoria’s Eastern Goldfields by paying $160,000 to acquire a 50% stake in Mines of Stirling, the project’s owner. Completion of the acquisition, including full ownership, is expected by mid-July.

Pacific Resources (ASX: PXR) has secured full ownership of the Snowstorm Project in Victoria’s Eastern Goldfields for $400,000, gaining access to high-grade gold mineralisation and an approved underground bulk sampling program.