Latest Gold Recovery News

Nova Minerals reports a significant metallurgical breakthrough at its RPM Deposit, achieving a 4.33 times upgrade in gold grade via ore sorting and up to 68.7% gold recovery from heap leaching of lower-grade ore. This advances the Estelle Project’s development with a promising new processing flowsheet.

WIN Metals Ltd has secured a binding agreement to acquire the high-grade Radio Gold Mine in Western Australia, positioning itself for near-term gold production with existing infrastructure and promising resource upside.

Helix Resources reports significant new drilling results from its Gold Basin Project in Arizona, confirming wide intervals of oxide-gold mineralisation suitable for open-pit mining and supporting potential resource upgrades.

Forrestania Resources has signed a binding agreement to acquire IMD Gold, owner of the British Hill gold project in Western Australia, adding a near-surface JORC-compliant resource of approximately 56,000 ounces. The acquisition enhances Forrestania’s regional footprint and development pipeline amid promising metallurgical results.

Surefire Resources NL has progressed drilling at its Yidby Gold Project with promising metallurgical results, while advancing development of its Victory Bore critical minerals deposit. The company also launched a capital raising to support ongoing exploration and development.

Riversgold Ltd advances its Kalgoorlie East gold project with new drilling approvals and strong metallurgical recoveries, while Canadian exploration yields impressive copper and antimony assays.

Redcastle Resources has reported a substantial 280% increase in its gold Mineral Resource Estimates at its Queen Alexandra and Redcastle Reef deposits, reaching a combined 42,000 ounces. The company also signed a strategic MoU with Terra Mining to accelerate mining operations with a low capital expenditure model.

BMG Resources reports strong assay results from Abercromby’s Phase 1 drilling, confirming high-grade gold mineralisation and broad alteration zones, while initiating a new drilling campaign at Bullabulling targeting near-surface gold.

Vertex Minerals has made significant strides at its Reward Gold Mine, commencing gravity plant operations and preparing for underground mining with first high-grade ore expected in Q3 2025. The company also secured firm commitments for an A$11 million capital raise to support its development plans.

Challenger Gold has completed a Pre-Feasibility Study for toll milling at its Hualilan Gold Project in Argentina, revealing strong economics with low upfront capital and rapid payback. The company also secured A$37.5 million in equity funding to advance development and strengthened legal protections for its Ecuador projects.

Western Gold Resources has signed a pivotal 24-month toll milling agreement, advancing its Gold Duke Project towards near-term production amid rising gold prices and a recent capital raise.

Resources & Energy Group Limited (REZ) reports strong progress in gold production at East Menzies with two successful gold pours and a $1.1 million capital raise, while divesting its Mount Mackenzie asset to sharpen focus on Western Australia.