Latest Gold Resources News

Sarama Resources has formally filed a US$242 million damages claim against Burkina Faso following the expropriation of its Tankoro 2 Exploration Permit, marking a pivotal step in its international arbitration process.

Flynn Gold’s maiden drilling at the Grenadier Prospect in northeast Tasmania confirms shallow, high-grade gold mineralisation with continuous quartz-sulphide veins. The discovery opens new exploration avenues within the Golden Ridge Project.

Loyal Metals has raised $3.5 million in a well-supported placement, extending its funding to $8.2 million to accelerate drilling and advanced exploration at the Highway Reward Copper-Gold Mine.

Forrestania Resources has extended its option to acquire the Hyden Project, including the Lady Ada and Lady Magdalene gold deposits, with new monthly extension terms that impact its acquisition timeline and costs.

Resolution Minerals has confirmed a large, open-ended gold system at its Golden Gate prospect within the Horse Heaven Project, Idaho, with drill holes returning broad mineralised intervals from surface. The discovery aligns closely with nearby major deposits and sets the stage for accelerated exploration and development.

Panther Metals reports exceptional gravity recoverable gold results from metallurgical testing at Burtville East, highlighting potential for cost-effective onsite processing and reinforcing the project's strong economic prospects.

Western Gold Resources has confirmed strong grade continuity and mineralisation at its Gold Duke Project, underpinning a positive Decision to Mine. The comprehensive drilling program supports robust cash flow forecasts and a rapid project payback.

Scorpion Minerals reports promising near-surface high-grade gold at its Pharos Project and announces a strategic partnership with Gylden Resources to leverage processing capabilities in Western Australia.

Metal Bank Limited is advancing its Western Australia gold strategy with significant resource development at Livingstone and a binding agreement to acquire Hastings Technology Metals’ WA gold assets, while also progressing critical minerals projects in Queensland and Saudi Arabia.

Resources & Energy Group Limited (REZ) has secured approval to expand gold vat leach production at its East Menzies Gold Project, transitioning from trial to commercial scale. The company also announced a maiden JORC 2012 Inferred Mineral Resource at Gigante Grande, underpinning future growth.

Bastion Minerals advances its ICE Copper-Gold Project with a new geochemical exploration program and strategic board appointments, while preparing for a November capital raise to fund ongoing activities.

Tartana Minerals reports a significant new gold resource estimate at Cardross alongside robust copper sulphate sales and strategic board changes, positioning itself as a rising copper-gold producer in Far North Queensland.