Latest Gold Resources News

BPM Minerals has reported encouraging assay results from its recent drilling programs at the Louie Prospect and Claw Gold Project, reinforcing the potential for economic gold resources in Western Australia. The company maintains a solid cash position of approximately A$2 million as it prepares for further exploration.

Aurumin Limited has reported a significant 33% increase in its Plum Pudding gold resource, now totaling 18,700 ounces, alongside promising high-grade iron ore results that have led to an expanded joint venture footprint with Newcam Minerals.

Aurum Resources reports exceptional high-grade gold intercepts from its Boundiali and BM tenements, advances a 100,000m drilling campaign, and completes key tenement acquisitions to underpin a Pre-Feasibility Study in Côte d'Ivoire.

Javelin Minerals has wrapped up its inaugural drilling campaign at the Eureka Gold Project near Kalgoorlie, targeting resource expansion with assay results expected in early May. The company is advancing plans for near-term mining of a significant portion of its indicated resource.

Sunshine Metals has launched a targeted reverse circulation drilling program at Liontown to upgrade shallow oxide gold and silver resources and advance metallurgical studies, aiming to fast-track development amid strong gold prices.

Venus Metals Corporation has initiated a targeted RC drilling program at its Sandstone Bellchambers Gold Project aiming to upgrade and expand its existing gold resource. The company is also advancing mining lease applications and negotiating potential sales agreements to position the project for future development.

Delta Lithium has announced a substantial 46% increase in the gold resource at its Mt Ida Project, now exceeding 1.1 million ounces, alongside plans to spin off its gold assets into a new ASX-listed entity, Ballard Mining.

Sarama Resources has completed a large-scale soil geochemistry survey at its Cosmo Gold Project in Western Australia, marking the first systematic exploration phase on this underexplored gold belt. Analytical results from approximately 5,000 samples are now under review, setting the stage for potential drill targets.

Far East Gold Ltd has advanced its exploration efforts in Indonesia with imminent drilling at Idenburg and Trenggalek, backed by a $4.78 million strategic investment from Xingye Gold, increasing their stake to nearly 20%.

Odyssey Gold has initiated a Technical Study to explore mining and processing strategies for its Tuckanarra Project, leveraging a new partnership with Monument Murchison Ltd to potentially process ore at the nearby Burnakura Mill.

Prodigy Gold has updated its Hyperion Gold Deposit resource, increasing gold ounces by 7% to 435,000 oz, supported by promising metallurgical testwork indicating high recoveries. The Tanami North Project now holds nearly half a million ounces of gold resources, setting the stage for further development.

Metal Bank Limited has reported a substantial 73% increase in its Livingstone Gold Resource in Western Australia, while progressing exploration and development initiatives across Australia, Jordan, and Saudi Arabia, supported by a $275k Queensland government grant for graphite.