Latest Gold Exploration And Development News

Native Mineral Resources Holdings Limited reported significant cash outflows in its June quarter, offset by a recent $10 million share placement aimed at supporting its Blackjack Milling gold project development.

Horizon Minerals reported a solid cash position of A$15.7 million at the end of June 2025, supported by a US$5 million convertible loan facility, providing a runway of approximately 6.5 quarters at current spending levels.

Citigold Corporation Limited reports steady progress in exploration and mine design at its Charters Towers Gold Project, while actively pursuing funding partnerships to restart operations.

Javelin Minerals reports a significant 27% increase in indicated gold resources at its Eureka project, advancing plans for mining and early cash flow amid strong drilling results.

TG Metals Limited has confirmed promising gold grades from drilling at the Van Uden Project’s historical stockpiles, paving the way for imminent processing and near-term cash flow generation.

Odyssey Gold Limited has advanced its Tuckanarra Gold Project with a new mill access agreement, ongoing drilling, and a $4 million capital raise, positioning the company for a potential resource upgrade.

Great Northern Minerals advances the sale of a majority stake in Golden Ant Mining, securing a $1 million payment upon final phase completion, while maintaining a $1.29 million cash balance and exploring new resource opportunities.

Haranga Resources has completed its acquisition of the Lincoln Gold Project in California, setting the stage for a maiden drilling campaign and a potential JORC-compliant resource estimate by year-end.

Gateway Mining Ltd has agreed to acquire Strickland Metals’ Yandal Gold Project for $45 million in shares, significantly expanding its gold resource base and exploration potential in Western Australia.

Saturn Metals has reported a robust June quarter highlighted by significant drilling success and exceptional metallurgical recoveries at Apollo Hill, lifting its gold resource to 2.24 million ounces. These developments set the stage for a pivotal Pre-Feasibility Study and maiden Ore Reserve later this year.

Kalamazoo Resources retains 100% ownership of its 1.44 million ounce Ashburton Gold Project and fast-tracks a scoping study amid soaring Australian gold prices. The company aims to unlock significant value from the Mt Olympus Deposit with a targeted study completion in Q4 2025.

Black Dragon Gold has entered a critical public consultation phase for its Salave Gold Project’s land use change, marking a key step in its strategic project application amid local government opposition and strong community backing.