Waratah Minerals (ASX:WTM) reported a significant drill result at its Spur gold project in New South Wales, featuring 46 metres at 7.27 g/t gold. The result is noted as the best to date for the site and has contributed to a 35% rise in share price.
Adavale Resources has expanded its Parkes gold project resource to 383,300oz of contained gold from a base of zero in early 2025. The update is driven by a modern 85-hole drilling campaign, significantly increasing the London-Victoria resource to 9.74Mt at 0.84g/t Au.
Adavale Resources has increased its Parkes gold resource in New South Wales to 383,000oz. This growth was primarily driven by a major uplift at the London-Victoria zone, which now contains approximately 263,000oz of gold following a significant drilling campaign.
Waratah Minerals has reported significant gold drill results at the Spur project in NSW, highlighted by a 46m intercept at 7.27 g/t gold. The drilling (hole SPD075) extended the Consols zone and identified multiple high-grade domains, providing evidence of a large-scale, coherent gold system.
Argent Minerals' maiden diamond drilling at the Trunkey Creek project has confirmed gold mineralisation beyond the limits of historic underground workings. High-grade intercepts of up to 15.84 g/t gold were reported in narrow quartz veins, providing a calibration point for future deeper testing.
Larvotto Resources has successfully commissioned the Hillgrove processing plant in New South Wales, hitting its production timeline. The company has also identified the Midas gold discovery near existing workings and is successfully recovering tungsten (90% recovery) as a third payable metal.
Argent Minerals has reported visible gold in two quartz veins within hole ATDD002 at the Trunkey Creek project in NSW. The gold was observed at depths of 91.8m and 98.1m, below historical underground workings.
Waratah Minerals reported strong gold recoveries of 89-93% from early testwork on the Consols Zone at its Spur project in NSW. The results, achieved via gravity recovery followed by conventional cyanide leaching, mirror previous successful testwork on the neighbouring Spur Zone and support a straightforward processing flowsheet.
Junior explorers are targeting overlooked goldfields in New South Wales, specifically within the Lachlan and New England Fold Belts. Xpedra Resources has reported successful drilling at its Springfield project, including a 13m intercept at 10.21 g/t gold.
Crossroads Gold has reported high-grade gold-in-soil assay results of up to 24.6 g/t Au at the Pambula Gold Project in Australia. The results, primarily from the Hidden Treasure and Hidden Treasure North zones, are being used to prioritize new drill targets identified through LiDAR and geochemical mapping.
