Latest Gold Exploration News

Catalina Resources has strategically reshaped its portfolio by acquiring the Breakaway Dam copper project and the Auric North gold portfolio, while divesting its Laverton assets to sharpen its focus on scalable growth opportunities.

High-Tech Metals is targeting a Wagtail-scale gold discovery at the untested Bullock prospect while fast-tracking financial studies to bring Wagtail and Damsel deposits closer to production.

Strategic Energy Resources has reported promising copper and gold intersections from its latest diamond drilling at the Canobie Project in Queensland, reinforcing the potential for a major discovery under its joint venture with Fortescue.

Forrestania Resources has agreed to acquire Catalina Resources’ Laverton Project, swapping its Breakaway Dam copper asset and gaining a significant equity stake in Catalina. This move strategically broadens Forrestania’s presence in the Eastern Goldfields gold belt.

Koonenberry Gold’s recent wide spaced RC drilling at the Hand in Hand Prospect confirms a 2km mineralised gold trend within the Enmore Gold Project, NSW, setting the stage for a major diamond drilling campaign to explore deeper high-grade targets.

Magmatic Resources has launched a significant 5,000-metre diamond drilling campaign at its Myall copper-gold project, backed by Fortescue under a $3.5 million FY26 exploration budget. The program targets multiple promising porphyry-style deposits, aiming to build on earlier encouraging results.

Auravelle Metals has reported significant high-grade gold intersections at its Sheoak Prospect in South Australia, with mineralisation extending over 600 metres and remaining open. The company plans multiple follow-up drilling programs in 2026 to expand these promising results.

Altair Minerals has unlocked significant high-grade gold intercepts from historic drilling at its North Peters Prospect and identified a new promising target at Kmung within the Greater Oko Project in Guyana.

SQX Resources’ subsidiary AM6 has secured final drilling permits for its Red Bird Gold Project in Arizona, enabling the start of a maiden 2,500m Reverse Circulation drilling program targeting high-grade gold mineralisation and extensions.

Askari Metals has wiped its debt slate clean and is gearing up for an ambitious exploration campaign at its flagship Nejo Gold & Copper Project in Ethiopia and the Uis Tin-Tantalum-Lithium Project in Namibia.

Asara Resources has released a second tranche of drilling results from its Massan deposit in Guinea, reinforcing the continuity of gold mineralisation and confirming promising depth extensions beyond the current resource model.

S2 Resources has completed its first drilling campaign at the Warraweena project in NSW, revealing volcanic rocks akin to the Macquarie Arc and promising copper mineralisation. Further geophysical work is planned to pinpoint the source of magnetic anomalies and advance exploration.