Latest Resource Classification News

Horizon Minerals reports outstanding high-grade gold intersections from its ongoing drilling program at the Burbanks project, reinforcing resource confidence and paving the way for future mine development.

Tungsten Mining NL has updated its gold Mineral Resource Estimate at the Mt. Mulgine Project, reinforcing its integrated gold-tungsten strategy with a total of 67,500 ounces of gold now classified as Indicated and Inferred resources.

Panther Metals has revised its Burtville East gold resource estimate upward following a technical correction, increasing high-grade near-surface ounces to 8,600oz. The update aligns cut-off grades with recent scoping study results and highlights open mineralisation at depth.

Carnavale Resources’ updated Scoping Study for the Kookynie Gold Project reveals a doubling in project value and robust economics, supporting a five-year mine life with 93,000 ounces of gold production.

Ramelius Resources has reported a substantial 38% increase in Mineral Resources and a remarkable 118% rise in Ore Reserves as of June 2025, underpinned by new project inclusions and a promising Pre-Feasibility Study for its Break of Day underground mine.

Challenger Gold has secured the final Environmental Impact Assessment amendment for its Hualilán Gold Project, enabling ore haulage and toll milling at the Casposo plant. This milestone unlocks a low-capital pathway to early cash flow while advancing the project’s development.

Kingsland Minerals’ scoping study confirms the Leliyn Graphite Project in the Northern Territory as a low-cost, globally competitive graphite producer with strong financial metrics and growth potential.

Carnaby Resources has reported a game-changing drill result at its Trek 1 prospect, intersecting 7m at 9.3% copper equivalent, significantly extending known mineralisation beyond the current resource estimate.

Audalia Limited has announced a significant update to its Medcalf Titanium-Vanadium Project Mineral Resource Estimate, increasing the Indicated category by 35% and setting the stage for Ore Reserve calculations.

Verity Resources has launched its Phase 2 drilling campaign at the Monument Gold Project, aiming to upgrade and expand its 154,000-ounce inferred gold resource in Western Australia’s Laverton Goldfields.

Global Uranium and Enrichment Limited reports promising uranium intercepts from ongoing drilling at its Pine Ridge Project, reinforcing its development potential in the Powder River Basin.

Yari Minerals has raised $1.5 million through a share placement to fund its first drilling campaign at the South Rolleston Coal Project, aiming to upgrade its coal resource classification and confirm metallurgical quality.