Latest Gold News

James Bay Minerals has reported promising drilling results at its Independence Project in Nevada, extending gold-silver mineralisation beyond the current resource estimate at South Hill and initiating new drilling at Rebel Peak targeting high-grade zones.

PC Gold has entered a $1 million Drill for Equity agreement with DDH1 to advance diamond drilling at its Spring Hill Gold Project, aiming to upgrade resources and push towards production milestones.

Neometals reports promising initial metallurgical test results from its Ironclad Gold Deposit, highlighting up to 98% gold recovery using standard processing methods. Ongoing drilling and further studies aim to refine resource estimates and advance project development.

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.

Tempest Minerals reports encouraging early gold assay results from its inaugural drilling at the Range Gold Project, extending mineralisation from surface near a major planned mill expansion.

Everest Metals has initiated a 2,500m drilling campaign at its Mt Dimer Taipan Gold Project to upgrade and extend its mineral resource ahead of mining operations scheduled for late 2025.

Cannindah Resources has reported a significant high-grade copper-gold intersection from its first step-out drillhole at the Mt Cannindah project, confirming structural controls and expanding the known mineralised zone.

Geopacific Resources has reported compelling new gold assay results from its Woodlark Gold Project, confirming multiple high-grade zones and a promising new discovery at Kamwak. The ongoing drilling campaign signals significant resource growth potential in Papua New Guinea.

Magmatic Resources has launched its Phase 2 drilling campaign at the promising Weebo Gold Project in Western Australia, building on encouraging Phase 1 results that revealed high-grade gold mineralisation.

Eagle Mountain Mining has successfully renegotiated its US$7.25 million loan with Vincere, gaining a 12-month repayment extension and a discounted early repayment option tied to key project agreements.

Eagle Mountain Mining has secured a 12-month exclusive option to acquire the Oracle Ridge copper mine’s surface and mineral rights, positioning the company to potentially restart production on a resource containing 380,000 tons of copper.

Eagle Mountain Mining has taken significant steps to re-enter its Oracle Ridge copper project in Arizona through a strategic option agreement and a potential joint venture with Japan’s Nittetsu Mining. The deal promises to clear debt and fund early development, setting the stage for a medium-term production restart.