Latest Western Australia News

Great Boulder Resources has used FY2026 to make the leap from gold explorer toward producer, acquiring Peak Hill and securing a 481,000-ounce resource alongside its 1.02 million-ounce Side Well project. The strategic shift came with a A$9.93 million loss, a heavily expanded share count and a clear near-term test: whether 40,000 metres of drilling can support development by late 2027.

Bellavista Resources is advancing a 15,000-metre drilling campaign and early development studies at Pickle Crow, while assay results have been pushed into October after Canadian laboratory delays. At Brumby, continuity drilling is complete and CSIRO column leach testwork is being prepared.

Lefroy Exploration is considering folding the high-grade portion of its Burns deposit into the Mt Martin Scoping Study, broadening the development case while pushing delivery into the December quarter. At Lucky Strike, a newly granted licence removes one hurdle but several approvals still stand between the mine and a targeted early 2027 restart.

Carnavale Resources is approaching the final stretch of its bankable feasibility study for the 80%-owned Kookynie Gold Project, backed by a 120,000-ounce resource and strong metallurgical recoveries. The project still requires financing, a toll-treatment agreement and final economic modelling before it can move from promising study to mine development.

Dreadnought Resources has sharply reduced its FY2026 loss while building a larger exploration portfolio and advancing two high-grade gold deposits toward potential production. The ASX-listed explorer ended the year with $15.7 million in cash, but remains dependent on funding until operating income arrives.

Forrestania Resources has reported wide, high-grade gold intersections from 15 additional reverse circulation holes at British Hill in Western Australia. A diamond rig is now being mobilised to test below current RC drilling limits as the company works towards a larger mineral resource estimate.

Terrain Minerals has posted a 54,000-ounce inferred gold resource at Lightning, alongside stronger exploration spending and a reduced FY2026 loss. The next test is whether further drilling, metallurgy and fresh capital can turn the starter resource into something more definitive.

Evergold Minerals has reported a sharply smaller FY2026 loss and a stronger cash position after completing its shift from lithium to gold exploration. The company now has $4.0 million in cash and $4.8 million invested in Western Australian exploration assets, but remains dependent on drilling success and future funding.

Galileo Mining advanced several PGM, nickel, copper and gold targets at Norseman during FY2026, but a A$4.55 million exploration impairment pushed its annual loss to A$4.67 million. The company ended the year with A$7.48 million in cash and a growing drilling pipeline for Mission Sill and Callisto South.

Empire Resources has identified four magnetic anomalies and prioritised two for drilling at its renamed Bradley Well project in Western Australia. Historical copper intercepts provide geological clues, but the targets remain untested and drilling timing depends on rig availability.

Rox Resources has crossed the line from explorer to mine developer, with Youanmi underground mining underway, the processing plant under construction and a target of first gold in mid-2027. The project is financed on paper, but the A$350 million debt package remains subject to conditions precedent and the construction schedule still has to survive execution.

Eastern Resources has placed its Queensland Marengo Gold Project at the centre of its exploration strategy after 54 of 60 rock-chip samples returned more than 0.1 ppm gold, including a peak of 12.3 ppm. The company remains an early-stage explorer, with no JORC Mineral Resource yet defined and A$3.27 million in cash at year-end.