Latest Gold And Base Metals News

Sultan Resources has increased its capital raising to $1.1 million through additional investor interest, with key approvals pending at the upcoming AGM. The funds aim to accelerate exploration at its promising projects in Namibia and Western Australia.

Legend Mining has completed a comprehensive review of the Pinnacle Well Project, identifying several untested gold and base metal anomalies, while advancing exploration plans for the coming quarter.

Forrestania Resources has completed its strategic acquisition of First Western Gold, securing control over seven exploration licenses including the promising Burracoppin Gold Project in Western Australia.

Koonenberry Gold has expanded its Enmore mineralised zone to 260m strike and identified new gold targets, backed by a strong $7.8 million cash position to fund extensive drilling.

Auris Minerals has raised $3.2 million through a strategic placement to expand its geological team and fast-track exploration in the Bryah Basin, focusing on copper, gold, and rare earths.

Strickland Metals has confirmed significant up-dip extensions of high-grade gold mineralisation at its Shanac Deposit within the Rogozna Project in Serbia, highlighting promising near-surface zones for early mine development.

Aurelia Metals has revealed significant exploration success at its Nymagee Mine in NSW, discovering two new mineral lenses and extending known mineralisation with promising gold and base metal grades.

Falcon Metals confirms exceptional high-grade gold intercepts at its Blue Moon project, extending the renowned Bendigo Goldfield. The company accelerates exploration with new drill pads and a second rig, backed by a strong cash position.

Kuniko Limited has launched fieldwork at its Commonwealth Gold-Silver Project in New South Wales, targeting significant precious metals within the prolific Lachlan Fold Belt. The company aims to validate historical resource estimates and advance exploration alongside its battery metals ventures in Europe.

Sierra Nevada Gold (SNX) is nearing the conclusion of its bidding for exploration blocks in Saudi Arabia while securing key permits to restart mining in Nevada. The company is poised to begin test mining and drilling programs backed by fresh capital.

Kuniko Limited has commenced fieldwork at its Commonwealth Gold-Silver Project in New South Wales, targeting high-grade precious metals within the prolific Lachlan Fold Belt. The company aims to validate historical resource estimates and advance exploration alongside its battery metals portfolio in Europe.

NH3 Clean Energy has raised $4 million through a placement to institutional investors, aiming to fund critical front-end engineering design work for its WAH2 clean ammonia project.