Latest Mine Life Extension News

Capricorn Metals has expanded its Orion South Underground Mineral Resource Estimate at Mt Gibson to 895,000 ounces, marking a 31% increase since July 2025. This growth, driven by extensive diamond drilling, underscores the project's underground potential alongside ongoing open pit operations.

Aeris Resources has completed an $80 million equity placement and launched a share purchase plan, strengthening its balance sheet and setting ambitious production targets for FY26. The company is also divesting non-core assets to focus on growth and exploration.

29Metals Limited has reported promising high-grade copper, zinc, and gold resource extension drilling results at its Golden Grove mine, revealing potential for significant mine life extensions and a large mineralised system at depth.

Catalyst Metals has doubled its Plutonic Gold Belt reserves to 1.5 million ounces, setting the stage to double annual gold production to 200,000 ounces over the next decade. The company’s strategic mine developments and exploration programs underpin a confident growth trajectory.

Bathurst Resources has released a detailed Prefeasibility Study for its Buller Plateaux Continuation Project, confirming 11.8 million tonnes of coal reserves and robust project economics that could extend the life of the Stockton Mine by over 15 years.

Resolute Mining’s Q3 2025 report reveals steady gold production tempered by seasonal and supply challenges, while major projects in Mali, Senegal, and Côte d’Ivoire progress on schedule with expanding resources.

Ora Banda Mining Limited reports continued strong drill results expanding gold mineralisation at its Little Gem prospect and Riverina Gold Camp, with Phase 3 drilling extending mineralisation to 1,200 metres strike and 700 metres depth. A Phase 4 drill program is planned to support a Maiden Mineral Resource Estimate in 2026.

Greatland Resources has kicked off FY26 with a drilling program at Telfer that has already surpassed targets, revealing a promising new high-grade zone underground and advancing multiple resource extensions.

Larvotto Resources reports strong first-pass diamond drilling results at its Blacklode Prospect within the Hillgrove Project, revealing wide zones of high-grade gold and antimony mineralisation. These findings underpin plans for a resource upgrade and signal promising exploration upside near existing infrastructure.

Kalamazoo Resources has significantly increased the Mt Olympus underground gold resource and identified a substantial exploration target, setting the stage for a potential mine life extension at the Ashburton Gold Project.

Ballard Mining advances its Mt Ida Gold Project with strategic land acquisitions, new mining lease applications, and a pending water licence increase, underpinning plans for a decade-long mine life.

VHM Limited has reaffirmed the scale of its Goschen Project with updated Mineral Resource and Ore Reserve estimates, adopting a more cautious approach for Area 1 that enhances mine plan confidence while leaving substantial upside for future growth.