Latest Mineral Resource Updates News

American Uranium has launched its 2026 drilling campaign at the Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its mineral resource ahead of key updates this year.

Cannindah Resources has launched a focused drilling campaign at its Cannindah Breccia deposit, aiming to unlock a high-grade ‘GAP’ zone within its existing copper-gold resource. Early results hint at significant grade improvements that could reshape the project’s economic outlook.

American Uranium has restarted drilling at its Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its existing 8.57 million pound resource ahead of key updates in 2026.

AuMEGA Metals has revealed a robust gold resource at its Cape Ray Project and identified promising new exploration targets, signalling significant growth potential in Newfoundland's gold sector.

Ballard Mining reports strong early 2026 drilling results at its Baldock deposit within the Mt Ida Gold Project, underpinning a major resource expansion and a maiden Ore Reserve due mid-year.

Savannah Goldfields has resumed gold production at its Georgetown plant with strong sales and exploration results, backed by a $15 million capital raise to fuel growth and new project development.

Aurora Energy Metals has taken significant strides in its uranium exploration strategy, progressing Eagle Energy Metals’ planned Nasdaq listing and securing new Western Australian exploration assets. These developments position the company for growth amid evolving market dynamics.

MGX Resources Limited reported resilient December quarter results despite a major rockfall at Koolan Island, generating $15 million in free cashflow and advancing its acquisition of a 50% stake in the high-grade Central Tanami Gold Project.

Ariana Resources has reported promising assay results from its latest drilling campaign at the Tavşan Mine in Türkiye, revealing significant gold and silver intercepts that point to resource expansion and enhanced project longevity.

A few stocks did the heavy lifting this week, with one biotech exploding higher and a gas name collapsing on the other side of the ledger. Big moves came from capital raises, regulator decisions, and drill results that investors treated as near-term value, not distant promises.

Black Bear Minerals has extended gold-silver mineralisation by 280 metres north along the Rebel Trend at its Independence Project in Nevada, signalling promising growth potential. The company plans a Mineral Resource update in Q2 2026, supported by strong funding and strategic acquisitions.

Beacon Minerals has reported robust assay results from 104 reverse circulation drill holes at its Iguana Deposit, confirming strong high-grade gold mineralisation at depth and reinforcing confidence in its geological model.