Latest Mineral Resource Update News

Everest Metals has started a 6,000-metre drilling campaign at Revere while commissioning a Scoping Study targeted for March quarter 2027. A separate $150,000 cash and share transaction would lift EMC’s stated joint venture interest to 56% and halve a royalty burden over selected tenements.

Maritana Minerals has increased the Burbanks Gold Project’s Mineral Resource by 62% to 755,000 ounces, pushing group resources above 2 million ounces. The growth is concentrated at Burbanks North, but the inventory remains predominantly Inferred and has yet to support an Ore Reserve.

Sunstone Metals has completed its 30-hole Bramaderos resource-growth program with a 5.95m zone grading 26.61 g/t AuEq and a separate 367.99m mineralised intersection. The results will feed into a 2026 resource update expected in the coming quarter.

Polymetals Resources has boosted the Endeavor Mine’s Mineral Resource to 20.7 million tonnes, adding 1.3 Mt of high-grade sulphide mineralisation in the Upper Main Lode despite ongoing depletion and a more conservative density model.

Sunstone Metals has delivered robust drilling results at its Bramaderos Gold-Copper Project in Ecuador, expanding the Melonal porphyry system with long mineralised intervals and strong grades, setting the stage for a resource update.

Kantra Copper has successfully expanded the Spitfire lode at its Kanmantoo mine, intersecting significant high-grade copper-gold mineralisation beyond previous resource boundaries. This underground drilling breakthrough sets the stage for a substantial resource update later this year.

Barkly Rare Earths has achieved a 99% magnet rare earth oxide extraction in preliminary metallurgical testing, a marked improvement over previous efforts. This early success could shape the processing approach for its flagship Barkly Project.

Lac Gold has reported robust assay results from 20 new drillholes at its Astoria deposit, confirming the scale and continuity of a large orogenic gold system within the Rouyn Gold Project in Canada.

Titan Minerals has identified a significant shear-hosted gold-silver mineralisation corridor at its Cerro Verde prospect, revealing a major drill intercept outside the current resource that could boost the Dynasty Gold Project's resource base.

Adavale Resources has executed a $1.2 million deal selling its Marree Embayment uranium assets to Orpheus Uranium, pivoting capital and attention towards advancing its gold-copper Parkes Project in NSW.

Adavale Resources has reinforced the continuity of gold mineralisation beneath its London-Victoria open pit, reporting significant drill intercepts including 31m at 1.29g/t Au just 16m below the pit floor, underpinning near-term production prospects and a forthcoming resource update.

Horizon Gold has reported a series of broad, high-grade gold intercepts from recent RC drilling at its Gum Creek Project in Western Australia, reinforcing the potential for resource expansion near its planned processing plant.