Latest Gold Assets News

Fitzroy River Corporation reported steady royalty income for the June quarter and highlighted significant progress on several royalty projects, including government approvals for Buru Energy’s Rafael Gas Project and a major equity raise for Endura Mining’s Snowy River Gold development.

Canterbury Resources has successfully closed an oversubscribed Share Purchase Plan, raising $1.24 million to advance its copper-gold exploration projects across Australia and Papua New Guinea.

Thunderbird Resources reports promising due diligence results on the Springfield Gold Deposit in NSW, revealing a potentially extensive gold system with strong exploration prospects. Systematic soil sampling and drilling programs are set to begin soon, pending shareholder approval.

Benz Mining Corp. has completed the acquisition of the remaining 25% interest in its Quebec-based Eastmain Gold Project and Ruby Hill Properties, consolidating full ownership and enhancing its strategic gold portfolio.

Tesoro Gold Limited has announced plans for a 15-for-1 share consolidation aimed at simplifying its capital structure and enhancing its appeal to investors, pending shareholder approval at the November 26 meeting.

Mount Burgess Mining has extinguished nearly $4.7 million in legacy debt and acquired promising gold projects in Western Australia, positioning itself for growth with a fresh capital raise and new board leadership.

Uvre Limited has completed a strategic acquisition of New Zealand gold projects, commenced maiden drilling at its flagship Waitekauri site, and secured a dual listing on the NZX, positioning itself for significant exploration advances.

Orbminco Limited has completed a promising maiden drilling program at its Majestic North Gold Project, while refreshing its board and consolidating shares to sharpen its strategic focus on Australian gold assets.

First Au Limited has struck a deal granting AustChina Holdings an exclusive 19-month option to acquire its Eastern Victorian Goldfield Project, unlocking value from a non-core asset while sharpening focus on its African and Western Australian ventures.

Metal Bank Limited has completed phase one drilling at the Whiteheads Gold Project and secured major shareholder support for its acquisition of Hastings Technology Metals' gold assets, marking a significant step toward gold production in Western Australia.

Marmota Limited’s inaugural drilling program at the Greenewood gold discovery in the Gawler Craton has revealed exceptionally high-grade gold intersections, extending the mineralised zone to 900 metres. The company also strengthens its leadership with a new project manager to advance its Gawler Gold projects.

Albion Resources has identified a new high-grade gold corridor at its North Ives prospect within the Yandal West Project, Western Australia, with rock chip samples returning up to 42.1 g/t gold. Supported by geophysical and geochemical data, the undrilled area is poised for drilling following fast-tracked heritage clearance.