Sandfire Sells Old Highway Gold Project to Catalyst for $32.5M

Submitted by Konrad Forrest on

8 May 2025 | West Perth, WA – Sandfire Resources (ASX:SFR) has announced the sale of its Old Highway Gold Project to Catalyst Metals (ASX:CYL) for $32.5 million, under a binding Sale and Purchase Agreement finalised this week.

Located just 20km west-south-west of Sandfire’s DeGrussa Copper-Gold Mine in Western Australia, the Old Highway Project has been extensively drilled and studied over the past few years. The deal includes:

  • A $2.5 million cash deposit, and

Mulgabbie North – Cross Fault Drilling Overview

Submitted by Konrad Forrest on

7 May 2025 | Kalgoorlie, WA – OzAurum Resources (ASX:OZM) has announced strong new RC drilling results from its recently discovered Cross Fault zone at the Mulgabbie North Gold Project, confirming the potential for a significant gold system in fresh rock.

Key RC intercepts include:

  • 10m @ 1.80 g/t Au (from 127m), including

    • 1m @ 3.91 g/t Au to end of hole (MNORC 251)

  • 7m @ 2.17 g/t Au (from 79m) (MNORC 253)

High-Grade Extensions Uncovered at Medallion’s Gem Deposit

Submitted by Konrad Forrest on

7 May 2025 | West Perth, WA – Medallion Metals (ASX:MM8) has reported outstanding extensional drill results from its Gem deposit, part of the Kundip Mining Centre (KMC), significantly expanding the high-grade lode beyond the current Mineral Resource boundary.

The two Reverse Circulation (RC) holes – drilled 40 to 100 metres down plunge from existing resources – intercepted multiple high-grade gold-copper-silver zones:

  • 6m @ 6.3g/t AuEq from 343m, including

Great Boulder Resources Extends High-Grade Gold Discovery at Ironbark

Submitted by Konrad Forrest on

Great Boulder Resources Limited (ASX: GBR) has announced significant high-grade gold intersections at the Ironbark gold deposit, part of the Side Well Gold Project near Meekatharra in Western Australia, extending known mineralisation to the south.

Key Highlights:

  • Recent RC drilling at Ironbark intersected shallow, high-grade gold mineralisation, including:

    • 8m at 9.07g/t gold from 113m, including 5m at 13.84g/t gold.

HIGH-RANKING YANDAL GOLD TARGETS TO BE DRILLED AT BRONZEWING SOUTH

Submitted by Carol Forrest on

Hammer Metals Limited (ASX: HMX) has identified 5 high-ranking gold targets for drilling at its Bronzewing South tenement, located near the multi-million-ounce Bronzewing mine in Western Australia's Yandal Belt.

Key Highlights:

  • Historical high-grade intercepts exceeding 20g/t gold discovered within 40 metres of Hammer’s Bronzewing South boundary.

  • Key targets identified include the Boundary Eastern Zone, Boundary Northern Zone, Central Mineralised Zone, and Ken’s Bore.

Meeka Metals Achieves First Ore Milestone at Murchison Gold Project

Submitted by Carol Forrest on

Meeka Metals Limited (ASX: MEK) has achieved a significant milestone at its Murchison Gold Project in Western Australia, mining the first ore from the St Anne’s North open pit as the processing plant expansion nears completion.

Key Highlights:

  • First ore successfully mined from St Anne’s North open pit, building ore stockpiles on the Run-of-Mine (ROM) pad in preparation for processing plant commissioning in June 2025.

  • Mining has also commenced at Turnberry Central, marking the second of five planned Stage 1 high-grade oxide open pits.

SANDSTONE GOLD PROJECT RC DRILLING COMMENCES AT BELLCHAMBERS

Submitted by Carol Forrest on

Venus Metals Begins RC Drilling at Sandstone (Bellchambers) Gold Project

Venus Metals Corporation Limited (ASX: VMC) has commenced a reverse circulation (RC) drilling program at its Sandstone (Bellchambers) Gold Project, situated approximately 23km southwest of Sandstone in Western Australia.

Key Highlights:

  • The drilling campaign comprises approximately 2,000 metres across 16-18 RC holes.

  • Aimed at upgrading current indicated mineralisation to measured, and exploring extensions to the existing resource.

Javelin Minerals Completes Maiden Drilling at Eureka Gold Project

Submitted by Carol Forrest on

Javelin Minerals Limited (ASX: JAV) has successfully completed its maiden reverse circulation (RC) drilling program at the Eureka Gold Project near Kalgoorlie, Western Australia, aiming to expand the project's existing gold resources.

Highlights:

  • Completed 22 RC holes for a total of 2,779 metres.

  • Drilling targeted expansion of the current resource, intersecting key structures marked by zones of increased shearing and alteration.

Rumble Resources Advances Western Queen Gold Mine Development and Exploration

Submitted by Carol Forrest on

Rumble Resources Limited (ASX: RTR) has provided an encouraging update on its Western Queen Gold Project in Western Australia, highlighting significant progress in mine development and promising exploration results.

Mine Development Highlights:

  • First ore extraction at Western Queen is anticipated by the end of the year, pending final approvals and the execution of key agreements.

Iceni Gold Expands Gold Discovery at Guyer Prospect

Submitted by Carol Forrest on

Iceni Gold Limited (ASX: ICL) has released encouraging results from its initial RC drilling campaign at the Guyer Prospect, part of its flagship 14 Mile Well Gold Project near Leonora and Laverton, Western Australia.

Key Highlights:

  • Initial RC drilling campaign comprising 31 holes totaling 6,420 metres completed.

  • First 15 RC holes all intersected significant gold mineralisation, expanding the mineralised footprint.

  • Notable intersections include: