Latest Gold Resources News

Adavale Resources (ASX:ADD) advances its Parkes Project in NSW’s Lachlan Fold Belt with a maiden JORC resource at London-Victoria and promising copper-gold targets at Ashes and Myalls. The company is gearing up for a maiden drilling campaign in Q2 2025.

Astral Resources has restated its Spargoville Gold Project resource following its Maximus takeover, consolidating its group gold mineral resource to 1.76 million ounces. The update aligns Spargoville’s estimate with Mandilla’s economic assumptions, setting the stage for upcoming development.

OzAurum Resources has confirmed significant high-grade gold mineralisation at the newly discovered Cross Fault within its Mulgabbie North Gold Project, with ongoing drilling set to further unlock the zone’s potential.

Lunnon Metals has announced its inaugural Mineral Resource Estimate for the Lady Herial gold deposit, marking a rapid progression from discovery to resource in just 15 months. The shallow, high-grade deposit is poised for fast-tracked development amid strong gold prices.

Brightstar Resources outlines an ambitious growth plan targeting over 200,000 ounces of gold production annually by 2029, driven by expansions at Laverton and Menzies hubs and accelerated development of the Sandstone project.

Pacgold Limited has announced a maiden mineral resource estimate of 474,000 ounces of gold at its Alice River project in Northern Queensland, alongside an aggressive 2025 exploration program targeting significant resource growth.

Savannah Goldfields has announced a significant new gold Exploration Target at its Red Dam deposit within the Georgetown Project, potentially expanding its resource base and supporting future production plans.

Pacgold Limited has announced a maiden JORC-compliant Mineral Resource Estimate of 854,000 ounces of gold at its Alice River Gold Project in North Queensland, underpinning an aggressive 10,000m drilling campaign to expand and upgrade the resource.

Emmerson Resources has expanded the White Devil gold deposit resource by 25% to over 611,000 ounces and initiated advanced exploration techniques including a drone magnetic survey and a new drilling program.

Turaco Gold Limited has updated its Afema Project mineral resource estimate to 3.55 million ounces of gold, marking a 40% increase since August 2024, while retracting a prior production target due to regulatory compliance concerns.

Citigold Corporation Limited has faced intense ASX scrutiny following an adverse auditor opinion on its half-year financials, centering on a $20 million impairment of exploration assets. The company defends its valuation approach despite funding uncertainties and regulatory questions.

Odyssey Gold’s recent 47km² airborne VTEM survey at Tuckanarra has identified 32 priority electromagnetic anomalies linked to gold mineralisation, revealing promising new exploration targets under cover. The survey confirms EM techniques as a powerful tool for expanding known resources in the prolific Murchison Goldfields.