Latest Resource Classification News

Sun Silver Limited reports breakthrough high-grade silver-gold intercepts at Maverick Springs alongside a $30 million capital raise to accelerate exploration and development.

Siren Gold Limited reports significant progress on its New Zealand gold and antimony projects, with a mining permit decision for Sams Creek expected by year-end and ongoing drilling poised to upgrade resource classifications.

Axel REE Limited reports encouraging first-stage metallurgical results from its Caladão Project, confirming recoveries of valuable rare earth elements and gallium using cost-effective leaching methods.

Global Uranium and Enrichment Limited has announced a maiden JORC Mineral Resource Estimate of 6.0 million pounds of U3O8 at the Maybell Uranium Project in Colorado, confirming significant high-grade uranium mineralisation and strong potential for expansion.

Carnavale Resources has reported a substantial 38% increase in its Kookynie Gold Project mineral resource, now totaling 117,000 ounces of gold, driven by new high-grade discoveries and expanded drilling results.

Australian Mines Limited has executed a binding earn-in agreement for up to 80% of the Boa Vista Gold Project in Brazil, backed by a recent $2.5 million capital raise to fund extensive drilling and exploration across its portfolio.

Capricorn Metals reports a 13% increase in Mineral Resources at its Mt Gibson Gold Project, highlighted by maiden underground resources and promising high-grade gold intercepts, alongside a strategic acquisition expanding its footprint in Western Australia.

Minerals 260 Limited has completed its acquisition of the Bullabulling Gold Project, backed by a $220 million capital raise, and is advancing an extensive drilling program that confirms promising gold mineralisation extensions.

Orbminco Limited has acquired the Majestic North Gold Project in Western Australia for $3.4 million plus royalties, unlocking near-term mining potential and significant exploration upside. Drilling programs are already in progress to validate and expand the resource.

Brazilian Critical Minerals reports exceptional pilot field trial results at its Ema rare earth project, advancing permitting and feasibility studies while attracting strong market interest.

Paterson Resources has secured heritage clearance and reported promising metallurgical results at its Grace Gold-Copper Project, setting the stage for a significant drilling campaign to upgrade its resource estimate.

Nico Resources Limited reported steady progress on its Wingellina nickel-cobalt project despite challenging market conditions, completing a $1.1 million share placement and advancing metallurgical and drilling programs.