Latest Western Australia Gold Projects News

Orbminco is set to begin a 2,500m drilling program at Majestic North aimed at upgrading inferred resources, testing structural controls on high-grade gold, and probing for primary mineralisation beneath the deposit.

Accelerate Resources (ASX: AX8) has revealed encouraging shallow gold results from its Phase 2 RC drilling at the Balagundi Gold Project near Kalgoorlie, confirming multiple mineralised trends and refining exploration targets. The company also completed a sizable aircore program, with assay results pending.

Saturn Metals has reported compelling high-grade gold assay results from its Titan Zone at Apollo Hill, reinforcing the potential of the Iris Footwall structure. These results pave the way for a resource update and feasibility study progress.

Redcastle Resources has received final assay results from its extensive grade control drilling at Redcastle Reef, confirming multiple thick, high-grade gold intercepts and reinforcing the deposit's geological model.

First Au Limited reports promising gold assay results at its Nimba project in Liberia, while strategically divesting its Victorian Goldfield Project to focus on Western Australian assets.

Metal Bank Limited has successfully closed a $2.42 million entitlement offer, bolstering its capacity to advance gold projects in Western Australia and critical minerals exploration in Queensland.

GoldArc Resources has revealed extraordinary high-grade gold mineralisation in historical data from the Cosmopolitan Gold Mine, opening new prospects for resource expansion. The company plans targeted drilling to validate these findings and define a JORC-compliant resource.

Metal Bank Limited (ASX – MBK) has announced a partially underwritten entitlement offer aiming to raise $2.32 million to fast-track its Western Australia gold projects and explore graphite potential in Queensland. The offer, priced at $0.014 per share, is supported by Equator Capital Management Ltd and targets existing shareholders.

Golden State Mining has raised $1.5 million through a strategic share placement to fund its gold exploration projects and potential acquisitions, alongside notable board changes signaling a new chapter for the company.

Forrestania Resources has announced a maiden JORC-compliant inferred mineral resource of 12,419 ounces of gold at its Ada Ann deposit near Kalgoorlie, marking a key step towards production.

Beacon Minerals has updated the Laterite Mineral Resource at its Iguana Deposit, reporting 1.2 million tonnes at 0.92 g/t gold for 36,000 ounces. This upgrade enhances confidence in the Lady Ida Project’s near-surface gold potential ahead of an ore reserve estimate expected next year.

Pursuit Minerals has achieved a key milestone with its first high-purity lithium carbonate production at its pilot plant in Argentina, setting the stage for commercial development of its Rio Grande Sur project. The company is streamlining its focus on Argentina, advancing feasibility studies and strategic acquisitions amid a supportive mining environment.