Latest Gold Projects News

Taruga Minerals has confirmed significant gold and copper mineralisation at its Gwamogwamo prospect in Papua New Guinea, underpinning its 2026 exploration plans. The results validate historical data and set the stage for targeted drilling campaigns.

Verity Resources has reported robust initial results from its Phase 2 drilling at the Korong deposit, reinforcing confidence in its 154,000-ounce inferred gold resource and setting the stage for an upgrade to higher confidence categories.

West Cobar Metals is making significant progress across its Salazar, Bulla Park, and Mystique projects, initiating metallurgical testwork and planning drilling programs that could reshape resource estimates and project economics.

Carnaby Resources has reported significant new high-grade copper-gold drill results at its Greater Duchess Project, including a standout 6m at 12.6% copper equivalent at Trek 1. These discoveries extend mineralisation well beyond existing resources and bolster the ongoing pre-feasibility study.

Advance Metals has rapidly progressed its diamond drilling program at the high-grade Yoquivo Silver-Gold Project in Mexico, completing five holes with assay results awaited. The company is also advancing historic core sampling and geological modelling ahead of an updated resource estimate.

Pacgold has secured approval to restart heap leach irrigation at its White Dam Gold Project and is progressing a significant drilling campaign to upgrade resources, setting the stage for a production restart in 2026.

Cavalier Resources has reported further high-grade gold assay results from its Southern Development Area at the Crawford Gold Project, confirming promising extensional mineralisation beyond the Stage 1 Starter Pit. The company is advancing plans to upgrade its Mineral Resource Estimate while awaiting additional assay data.

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

Everest Metals Corporation’s latest drilling at Mt Dimer Taipan confirms high-grade gold mineralisation extending beyond current resources, while heap leach sampling reveals promising recoverable gold potential.

Lefroy Exploration has received a second $0.75 million cash advance from BML Ventures, reinforcing its funding position ahead of key production milestones at the Lucky Strike Gold Project.

Torque Metals has raised $16.2 million through a $15 million placement and early option exercises, setting the stage for an aggressive drilling campaign at its Paris Gold Project in Western Australia.

Alicanto Minerals has acquired the Mt Henry Gold Project in Western Australia, boasting nearly 900,000 ounces of shallow, high-grade gold resources. The company is set to initiate a substantial $28 million equity raise to fund an extensive 50,000-metre drilling campaign aimed at rapidly expanding the resource base.