Latest Mineral Resource Update News

WA1 Resources has delivered a fresh batch of high-grade niobium intersections at its Luni Project, underpinning a Mineral Resource Estimate update due next quarter. The company also maintains a robust cash balance of $131 million as it advances pre-development activities.

American Uranium Limited is gearing up to drill 55 holes at its Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade mineral resources ahead of a Q3 2026 resource update and Scoping Study.

Ora Banda Mining’s latest drilling at Golden Pole within the Waihi Project has delivered multiple thick, high-grade gold intersections, validating the lode’s underground mining prospects and setting the stage for its debut in the upcoming June resource and reserve estimates.

Peel Mining’s latest drilling at the Southern Nights Complex in NSW reveals substantial silver-zinc-lead intercepts and promising depth extensions, reinforcing the project’s growth potential ahead of a planned corporate restructure.

Adavale Resources Limited has confirmed significant shallow gold mineralisation at its Victoria South Prospect, with historic drilling revealing bonanza grades up to 245.5g/t Au. These results suggest potential for a substantial extension of the existing 115,000-ounce London-Victoria gold resource.

Saturn Metals Limited has announced exceptional high-grade gold assay results from its Apollo Hill Gold Project in Western Australia, including a record 1m intercept grading 277g/t Au. These findings highlight significant untapped northern extensions beyond the existing 2.24Moz Mineral Resource and support ongoing exploration and resource growth.

Star Minerals has reported robust grade control drilling results at its Tumblegum South Gold Project, confirming excellent continuity and grade of gold mineralisation ahead of final mine planning.

Ardiden Limited’s initial drill results at the Astoria deposit confirm a robust high-grade gold system, underpinning the potential for significant resource expansion along its Rouyn Gold Project corridor in Québec.

PhosCo Ltd has confirmed a significant phosphate mineralisation discovery at its DOH prospect within the Gasaat Project in Tunisia, highlighting the project’s potential as a world-scale phosphate source. This discovery complements pending maiden resource estimates at nearby prospects, reinforcing Gasaat’s strategic value amid global fertiliser supply pressures.

Astral Resources reports strong assay results from its recent drilling at the Spargoville Gold Project, revealing significant high-grade gold mineralisation and expanding known deposits. Concurrent drilling at Mandilla advances resource confidence ahead of a major update later this year.

Native Mineral Resources (ASX: NMR) has updated its drilling results at the Podosky deposit in Queensland, confirming shallow, high-grade gold mineralisation that supports near-term open-pit mining plans. Mining activities are targeted to commence in April 2026.

Resources & Energy Group Limited (ASX: REZ) has announced a significant upgrade to the Goodenough Gold Deposit resource at its East Menzies Gold Project, increasing contained gold by over 15,000 ounces to 61,200 ounces. The majority of the resource is now classified as Indicated and remains open for expansion.