Latest Gold Exploration And Development News

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia, adding a 0.9 million ounce gold resource and initiating a $28 million capital raise to fund an aggressive drilling campaign.

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia from Westgold Resources, gaining a 0.9 million ounce gold resource with significant expansion potential. The company is set to initiate a 50,000-metre drilling program funded by a $28 million placement, positioning itself for rapid growth in a Tier-1 gold jurisdiction.

Lunnon Metals has secured critical mining proposal approval for its Lady Herial gold deposit, moving the project closer to production under a binding ore purchase deal with St Ives Gold Mining.

Forrestania Resources has crossed the critical 50% acceptance threshold in its takeover of Kula Gold, signaling strong shareholder backing and advancing its regional consolidation strategy in Western Australia's gold belts.

Robex Resources has issued an addendum to its shareholder circular detailing amendments to its acquisition agreement with Predictive Discovery, postponing the crucial vote to December 30 to allow more time for shareholder engagement.

Magnetic Resource NL is refining its Lady Julie Gold Project with updated mine designs and infrastructure work, aiming to reduce costs and boost gold recovery ahead of a final optimization report in early 2026.

Metal Bank Limited (MBK) has announced its first formal gold resource estimate at the Seven Leaders Starter Pit, marking a pivotal step towards production in 2026. The 6,300-ounce resource underpins a strategy to leverage existing infrastructure and minimise capital costs.

Gorilla Gold has announced a transformative 900% increase in the Mineral Resource Estimate at its Comet Vale Gold Project in Western Australia, now boasting 0.86 million ounces at a robust 3.7 grams per tonne. This milestone significantly bolsters the company’s high-grade gold portfolio across the region.

WIN Metals has raised A$5.5 million through a heavily oversubscribed placement to fund drilling and development at its Radio Gold Mine and Butchers Creek projects, aiming to fast-track gold production.

Lunnon Metals reports significant high-grade gold assay results from the Lady Herial deposit, confirming promising mineralisation below and within the planned open pit. The company advances towards regulatory approvals and a final investment decision.

Neometals has signed a non-binding Letter of Intent with BML Ventures to jointly develop the Ironclad Gold Deposit, aiming for early production through a funded open-cut mining operation with profit sharing.

SSH Group has commenced a focused drilling campaign at the Wagtail Gold Deposit to upgrade its high-grade resource and advance development plans under a profit-share agreement.