Latest Ore Reserve News

Sandfire Resources and Havilah Resources have sealed a binding agreement that could transform the Kalkaroo Copper-Gold Project into one of Australia’s next major copper provinces through a substantial earn-in deal and strategic exploration alliance.

Kingston Resources has announced a substantial 29% increase in its Mineral Hill Project resources, including a maiden resource for the high-grade Red Terror deposit, enhancing confidence in future mine planning and production.

Ariana Resources reports strong assay results from its latest drilling at Tavsan Mine, confirming mineralisation beyond current resource boundaries and setting the stage for a resource update in 2026.

Regis Resources has significantly increased Ore Reserves at its Buckingham-Wellington pits, extending Duketon North’s mine life and boosting production prospects with minimal new capital investment.

Brightstar Resources has reported promising high-grade drilling results at its Second Fortune and Fish gold mines, indicating potential extensions to mine life and new ore sources for its planned Laverton mill.

Capricorn Metals has released a conceptual study indicating promising underground mining opportunities at its Orion South deposit within the Mt Gibson Gold Project, potentially boosting gold production beyond current open pit plans.

Sarytogan Graphite Limited has reported the last batch of assays from its Reserve definition drilling at the Sarytogan Deposit, confirming thick, high-grade graphite mineralisation that will underpin a resource upgrade and advance its Definitive Feasibility Study.

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.

Dreadnought Resources has lodged a mining lease application for its high-grade Metzke’s Find gold deposit, marking a key step towards production within the Illaara Gold Project. Drilling to expand and upgrade the resource is set to begin imminently.

Core Lithium has unveiled an updated mine plan for its Grants deposit at the Finniss Lithium Project, increasing the Ore Reserve by 33% and cutting pre-production capital costs by up to $45 million.

Ballard Mining Limited has released a comprehensive investor update following its July 2025 IPO, highlighting a robust 1.1 million ounce gold resource at Mt Ida and a strong cash position of $40 million. The company outlines ambitious exploration targets and development plans aiming to extend mine life beyond a decade.

Sarytogan Graphite Limited has secured a $1.4 million top-up placement from the European Bank for Reconstruction and Development, reinforcing confidence in its graphite project and supporting its feasibility study timeline.