Latest Mineral Resource Updates News

Many Peaks Minerals has reported strong reverse circulation drilling results at its Ouarigue prospect in Côte d’Ivoire, confirming continuity and extensions of gold mineralisation over 800 metres of strike. The results bolster prospects for upgrading the resource and expanding its footprint ahead of a planned fourth-quarter Mineral Resource Estimate update.

Nexus Minerals has reported standout gold assay results from its Wallbrook Gold Project, extending a shallow, high-grade mineralised structure at the Templar Prospect with grades up to 41.27g/t Au. These findings bolster the upcoming multi-prospect resource update due by September.

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.

Orezone Gold Corporation’s latest drilling at Bomboré reveals significant extensions and high-grade zones, setting the stage for a material resource and reserve upgrade expected in early 2027.

Toubani Resources reports robust high-grade gold intersections from pre-production drilling at its Kobada Gold Project, triggering a Mineral Resource Estimate update and advancing development plans toward mining in early 2027.

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.

Lefroy Exploration’s latest drilling at Mt Martin has unearthed multiple high-grade gold intersections outside the current resource, underscoring significant expansion potential ahead of a September scoping study.

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.

Verity Resources has upgraded its Monument Gold Project with a maiden indicated resource and is progressing development studies, while its Botswana copper-silver and Brazil rare earth projects offer multiple growth avenues.

Toubani Resources has moved the Kobada Gold Project firmly into its construction phase, with key infrastructure nearing completion and financing arrangements ready for drawdown.

Kalamazoo Resources has delivered standout high-grade gold intersections at its Mt Olympus deposit, underpinning an updated resource estimate and advancing its Ashburton Gold Project development plans.

Torque Metals has hit fresh high-grade gold mineralisation outside existing resource boundaries at its Paris Gold Project in WA, signalling strong potential for resource growth.