Latest Gold Assets News

Patronus Resources (ASX, PTN) reveals a robust financial position with $70 million in cash and investments against a market cap near $100 million, underpinned by 2.3 million ounces gold equivalent resources in Tier-1 Australian jurisdictions. The company’s active exploration and strategic acquisitions signal promising growth ahead.

Metal Bank Limited has completed due diligence on Hastings Technology Metals' gold assets and is set to commence drilling at the Seven Leaders prospect, marking a key step in its Western Australian gold expansion strategy.

Emu NL has agreed to sell its Badja Gold Project subsidiary for AUD 3.5 million, redirecting focus and funds to its promising Yataga Copper Project in Queensland.

Forrestania Resources is set to begin a two-phase drilling program at its Hyden Project following regulatory approval and the settlement of legal disputes over tenements.

Solstice Minerals is set to commence a maiden 5,000m drilling program at its Nanadie Copper-Gold Project in Western Australia, aiming to significantly expand its current mineral resource. The initial phase targets lateral and depth extensions of a substantial copper-gold system with promising geological indicators.

Native Mineral Resources has significantly increased gold production at its Blackjack operations, producing 700 ounces of gold doré bars in its latest smelts, marking a clear step towards steady-state operations.

Forrestania Resources has signed a binding agreement to acquire the Burracoppin Gold Project from Askari Metals, adding a significant JORC resource near a major WA gold mine. The deal includes cash, shares, and options, linking Forrestania to promising African exploration assets.

Askari Metals has agreed to sell its Australian gold assets to Forrestania Resources for A$700,000, enabling a strategic pivot towards its promising African exploration projects.

Aurumin Limited has secured $6 million through divestments of non-core assets, enabling a sharper focus on advancing its flagship Sandstone Gold Project. The strategic sales to Newcam Minerals and others aim to fund exploration and support Brightstar’s pre-feasibility study.

Altair Minerals has secured a world-class exploration team led by Pascal Van Osta to advance its Greater Oko gold project in Guyana, with fieldwork set to begin imminently targeting a 10km strike of highly prospective shear zone.

Catalyst Metals has doubled its gold Reserves at the Plutonic Belt to 1.5 million ounces, underpinning a bold plan to double annual production to 200,000 ounces over the next decade.

Metal Bank Limited has agreed to acquire Hastings Technology Metals’ Western Australian gold assets, expanding its portfolio and advancing key projects toward production.