Latest Gold Drilling News

Patronus Resources reports significant drilling successes at its Cardinia and Northern Territory projects, establishing a maiden Exploration Target at Merlin and extending mineralisation at key prospects. The company also announces a selective buyback of nearly 10% of its shares from St Barbara, enhancing its capital structure.

Gorilla Gold has accelerated its growth trajectory with strong drilling results at Comet Vale and Mulwarrie, alongside acquiring full ownership of Comet Vale. The company is poised for significant resource upgrades in the coming quarters.

Strategic Energy Resources has progressed key copper-gold projects in Queensland, securing government funding and advancing surveys with Fortescue, while divesting a non-core asset to sharpen its focus.

Andean Silver Limited reports a significant 22% increase in silver equivalent ounces at its Cerro Bayo project, alongside progress on a production restart study and a successful A$30 million capital raise.

Solis Minerals has identified three compelling copper-gold drill targets at its 100%-owned Cinto Project in southern Peru, setting the stage for a maiden drilling program in late 2025. The targets are supported by recent geophysical surveys combined with earlier geochemical and magnetometry data.

E79 Gold Mines advances its Laverton South drilling program with encouraging gold anomalies while consolidating full ownership and expanding the Mountain Home project in the Northern Territory, supported by government grants.

Miramar Resources invites eligible shareholders to participate in a $1 million Share Purchase Plan at a 20% discount, aiming to accelerate drilling at its promising 8 Mile gold prospect within the Gidji JV Project.

Red Hill Minerals has revealed a significant 4-kilometre strike length of chargeability anomalies at its Anabama copper-gold target in South Australia, following a detailed Induced Polarisation survey. The findings align closely with historic drilling and set the stage for imminent drilling campaigns.

Askari Metals supplements its Nejo Gold Project acquisition announcement with detailed drill hole data and confirms the reliability of historical exploration results, while noting compliance limitations.

Augustus Minerals has signed a Heritage Protection Agreement with the Watarra Aboriginal Corporation, clearing the way for heritage surveys and imminent drilling at its promising Music Well Gold Project near Leonora, WA.

Tanami Gold NL has reported promising initial assay results from its latest drilling campaign at the historic Jims Gold Mine, revealing significant gold intercepts that hint at potential resource expansion. Final results from the majority of diamond core samples are still awaited, keeping the market’s attention.

Many Peaks Minerals has reported strong progress in its Côte d’Ivoire gold projects, highlighted by robust drilling results at Ferké and a significant A$13.5 million equity raise to fund further exploration.