Latest Gold Exploration And Development News

Forrestania Resources has retracted its previous reference to a third-party Mineral Resource Estimate for the Hyden Project, clarifying it has yet to complete its own JORC-compliant assessment. Meanwhile, the company highlights strong growth across its Western Australian gold portfolio and strategic acquisitions.

Sarama Resources has formally filed a US$242 million damages claim against Burkina Faso following the expropriation of its Tankoro 2 Exploration Permit, marking a pivotal step in its international arbitration process.

Black Dragon Gold has withdrawn its application to classify the Salave Gold Project as a Project of Strategic Interest in Asturias, Spain, planning a stronger resubmission backed by legal clarity and community support.

Panther Metals reports exceptional gravity recoverable gold results from metallurgical testing at Burtville East, highlighting potential for cost-effective onsite processing and reinforcing the project's strong economic prospects.

Western Gold Resources has confirmed strong grade continuity and mineralisation at its Gold Duke Project, underpinning a positive Decision to Mine. The comprehensive drilling program supports robust cash flow forecasts and a rapid project payback.

OzAurum Resources reports strong drilling results at its Mulgabbie North Gold Project and regains full control of its Feasibility Study, positioning the company for accelerated development amid record gold prices.

Cavalier Resources has raised $2.14 million through a discounted share placement to fund a 5,000m extensional drilling program at its Crawford Gold Project, aiming to underpin future mining stages. The revised Pre-Feasibility Study confirms robust economics with a strong NPV and IRR.

High-Tech Metals has made significant strides in advancing its Mt Fisher and Mt Eureka gold projects, completing drilling and securing key approvals to fast-track production. Strategic joint ventures and a strengthened leadership team position the company for near-term growth.

Aurumin Limited has entered a scheme implementation deed with Brightstar Resources for a full acquisition, while raising $6 million from non-core asset sales to fund exploration at its Sandstone Gold Project.

OzAurum Resources reports significant high-grade gold intercepts at its Mulgabbie North project and regains full control of its feasibility study, positioning the company to accelerate development amid record gold prices.

GBM Resources has launched a major drilling campaign at its Twin Hills gold project and raised A$40 million to fund exploration and development across its Drummond Basin portfolio.

Turaco Gold has significantly expanded its Afema Project gold resource to 4.06 million ounces, driven by high-grade discoveries at multiple deposits and a strong financial position supporting ongoing development.