US$295 Million Deal Emerges After Gold Mining Takeover Collapses


Yukon Gold Explorer Completes 7,000 Meters of 2026 Drilling
Source: Streetwise Reports (08/04/2026)



White Gold advances its fully financed Yukon program with 18 holes completed. Investors review resource growth targets at Golden Saddle and three other deposits plus a pending PEA.

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Allied Gold Lands US$295M Zijin Gold Investment After Takeover Ends
Source: Streetwise Reports (08/04/2026)


handshake

Allied Gold secures a US$295 million strategic investment from Zijin Gold following termination of their acquisition agreement. The equity deal funds Kurmuk’s ramp-up and expansions at Sadiola and CDI.

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Tanzania Gold Developer Launches Phase 3 Land Work at Imwelo
Source: Streetwise Reports (08/03/2026)


mining

Lake Victoria Gold advances Imwelo with Phase 3 land program in Tanzania’s gold district, supporting construction plans amid strong gold prices above US$4,000.

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Nevada Gold Project Launches Drill Campaign at Doby George
Source: Streetwise Reports (08/03/2026)


mining

Western Exploration begins site work and drilling at its Doby George gold project in Nevada to support baseline studies and the pre-feasibility study, with up to 3,000 meters planned across 15 holes.

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Saudi VMS Explorer Completes Maiden Drilling Ahead of Assays
Source: Streetwise Reports (08/03/2026)


mining

Sun Peak Metals finishes first drill program at Safra and Halahila in Saudi Arabia. 23 holes completed with 961 samples now in the lab and initial results due late August 2026. See the next steps for this polymetallic portfolio.

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