Latest Gold Exploration And Development News

Aurum Resources Limited has reported a 34% increase in the Mineral Resource Estimate at its Napié Gold Project in Côte d'Ivoire, raising the total resource to 1.16 million ounces of gold. This growth lifts Aurum’s combined group gold resources to 4.2 million ounces across its Côte d'Ivoire assets, supported by ongoing drilling and strong metallurgical recoveries.

Nex Metals Explorations Ltd (ASX:NME) has amended its sale agreement of its 20% interest in the Arika joint venture, converting deferred shares into upfront shares and raising $2.5 million cash plus 70.8 million Arika shares. Shareholder approval is scheduled for May 2026 amid ASX regulatory requirements.

Reach Resources Limited (ASX: RR1) has announced a 30% increase in the Mineral Resource Estimate for its Blue Heaven deposit at the Murchison South Gold Project, now totaling 80,000 ounces of gold at an improved grade of 3.0 g/t Au. The near-surface resource supports potential open pit mining with high metallurgical recovery and favourable infrastructure access.

Metal Bank Limited has applied for a mining lease over the Seven Leaders deposit at its Whiteheads Gold Project near Kalgoorlie, aiming for mining commencement in the fourth quarter of 2026 following optimisation studies and approvals.

OzAurum Resources reports exceptional heap leach test results at Mulgabbie North, confirming rapid gold recovery and advancing a low-capex development strategy with near-complete plant refurbishment.

Ballard Mining reports promising drilling results at its Mt Ida Gold Project, extending mineralisation and targeting new open pit resources to supplement the Baldock deposit. The company advances towards a maiden ore reserve and feasibility study in 2026.

WIN Metals has significantly bolstered its Radio Gold Project by acquiring the fully permitted Princess Royal Gold Mine and securing an exclusive option for the Stumpy Doodle Gold Mine, both promising high-grade gold potential and streamlined development pathways.

Sarama Resources has progressed exploration at its Australian Cosmo and Mt Venn gold projects while pursuing a $242 million arbitration claim against Burkina Faso over a disputed permit withdrawal.

Kairos Minerals has secured shareholder approval to rebrand as Pilbara Gold Limited and consolidate its shares on a 1-for-15 basis, signalling a new chapter for the company’s gold exploration ambitions.

Resolute Mining and Guinea’s state-owned Nimba Mining Company have signed a landmark MoU to jointly explore and potentially develop gold projects, marking a significant step in Guinea’s mineral diversification.

Barton Gold Holdings has secured a $520,000 cash refund through the Federal Government’s R&D Tax Incentive, bolstering its exploration efforts in South Australia’s emerging gold province.

Star Minerals has reported robust grade control drilling results at its Tumblegum South Gold Project, confirming excellent continuity and grade of gold mineralisation ahead of final mine planning.