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A major gold find near Parkes, NSW, could lead to small-scale mining by April 2026.
A major gold discovery at the London-Victoria Gold Mine near Parkes, NSW, has sparked renewed interest in the region’s mining potential, with Adavale Resources identifying a 48-meter-wide zone of mineralisation over 100 meters below the current pit.
Found outside known resource boundaries in the geologically rich Lachlan Transverse Zone, the deposit is considered the most significant in 30 years and may indicate a larger ore body.
The NSW government is supporting exploration with data and a mining concierge service, while rising gold prices—up 50% to $5,887 AUD per ounce—boost investment.
If surveys confirm the find, small-scale, environmentally focused mining could begin by April 2026.
Un importante hallazgo de oro cerca de Parkes, Nueva Gales del Sur, podría llevar a la minería a pequeña escala en abril de 2026.