Latest Resource Classification News

Clara Resources Australia Ltd has raised $1.6 million through a placement and a fully underwritten rights issue, aiming to accelerate development of its Ashford Coking Coal Project in New South Wales.

Yari Minerals has announced a substantial 140% increase in its JORC Inferred Coal Resource at the Rolleston South Project in Queensland, now totaling 190 million tonnes. The company is actively drilling to upgrade resource confidence and confirm coal quality, positioning itself for future development.

Yari Minerals has begun a targeted drilling campaign at its Rolleston South Coal Project to confirm semi-soft metallurgical coal and upgrade its resource classification, setting the stage for a 2026 scoping study.

Castile Resources has significantly increased its Mineral Resource Estimate for the Rover 1 Project, reflecting higher gold, copper, bismuth, and cobalt prices. This update enhances the project's scale and potential revenue streams as it advances through its Bankable Feasibility Study.

Eclipse Metals has commenced diamond drilling at its Greenland rare earth project, backed by a $4 million placement to expand and upgrade its resource. The move aligns with strategic plans for a Nasdaq dual listing amid growing global supply chain concerns.

Alkane Resources reports a total of 1.97 million ounces of gold in Mineral Resources at its Swedish Björkdal operations, with underground mining ongoing and open pit mining paused until 2027. Exploration highlights suggest promising extensions near existing infrastructure.

CuFe Ltd has raised $5.4 million through a strategic placement to fund exploration and feasibility studies at its Tennant Creek Copper/Gold project, including a focus on critical mineral bismuth.

Siren Gold has kicked off a significant 6,000-metre diamond drilling program at its Sams Creek Gold Project in New Zealand, aiming to upgrade and expand its existing 824,000-ounce resource. This marks a critical phase ahead of key milestones including a mining permit decision and an updated scoping study.

Sun Silver Limited’s 2025 drilling program at Maverick Springs continues to reveal extensive high-grade silver-gold mineralisation, reinforcing the project’s status as a major precious metals resource in Nevada.

Empire Resources has announced a maiden inferred mineral resource for its A-Zone deposit within the Yuinmery Project, adding significant copper and gold tonnage to its portfolio and opening new development avenues.

Odyssey Gold Limited has reported encouraging results from a technical study supporting open pit mining at its Tuckanarra Gold Project and signed a key Memorandum of Understanding to process ore at Monument Mining’s nearby Burnakura plant.

Savannah Goldfields Limited has announced a significant 220% increase in the gold resource at its Jubilee Plunger Deposit, part of the Georgetown Project in Far North Queensland, marking a key step towards resuming gold production.