Latest Western Australia News

Golden Horse Minerals has reported exceptional deep drilling results at its Hopes Hill project, revealing a significant high-grade gold intercept well below the historic pit floor and confirming a large mineralised system. Plans are underway to accelerate drilling and expand exploration efforts.

Sarama Resources has delineated extensive gold-in-soil anomalies spanning approximately 45km at its Cosmo Gold Project in Western Australia, marking a promising start to systematic exploration in the Laverton Gold District.

Cazaly Resources has secured key approvals to commence drilling at the Duke of York prospect within its Goongarrie Gold Project, aiming to validate promising historical gold intercepts and explore new mineralisation along a prolific gold corridor in Western Australia.

Rincon Resources has secured an option to acquire the Crackerbox Gold Project in Western Australia, a site rich in historical gold and copper mineralisation with promising drill results. The company plans to leverage extensive past exploration data to define a significant resource.

Caravel Minerals has locked in a $15 million loan facility to fund the critical Definitive Feasibility Study for its flagship Caravel Copper Project, advancing the path to development without diluting shareholder equity.

Genesis Minerals has strategically acquired Focus Minerals' Laverton Gold Project, adding approximately 4 million ounces of gold resources near its existing Laverton mill. This fully funded $250 million bolt-on deal significantly enhances Genesis’ resource base and production outlook.

Meeka Metals reports significant new shallow high-grade oxide gold drill results at Turnberry Central, extending the Stage 1 open pit and promising to boost production beyond initial plans.

Kula Gold reports impressive high-grade shallow gold intercepts from recent drilling at its Mt Palmer Gold Project, reinforcing the potential for low-cost open pit mining and expanding resource targets along a 10km belt.

Cobalt Blue Holdings has completed a scoping study for its Halls Creek Project in Western Australia, outlining a staged development plan with promising economics and a sustainable power strategy. The project targets near-term copper and zinc production with a modest initial capital outlay.

Beacon Minerals Limited has announced a proposed 40, 1 share consolidation aimed at creating a more effective capital structure and enhancing its share price appeal. The move awaits shareholder approval at the July 7 general meeting.

Victory Metals Limited has launched a $3.75 million placement and options offer aimed at advancing its North Stanmore Heavy Rare Earth Elements project in Western Australia. The capital raise targets sophisticated investors and includes detailed risk disclosures.

West Cobar Metals has completed its acquisition of the Mystique Project in Western Australia’s Fraser Range, unlocking immediate drilling targets supported by exceptional nearby gold intercepts.