Latest Resource Classification News

Ballard Mining has launched a comprehensive 130,000-metre drilling campaign at its Mt Ida Gold Project, targeting resource expansion and development of the Baldock deposit. Supported by a recent oversubscribed $30 million IPO, the program aims to unlock new exploration targets along a 26km strike in Western Australia’s Goldfields region.

Capricorn Metals has announced a 13% increase in the Mt Gibson Gold Project's resource, including a maiden underground resource of 684,000 ounces at Orion South and a new open pit resource at Highway, boosting total resources to 4.5 million ounces.

Iltani Resources has reported multiple wide, high-grade silver-indium intersections from its Orient East drilling program in Queensland, reinforcing the project's potential as Australia's premier silver-indium deposit.

Andean Silver Limited has raised A$30 million through a well-supported placement, positioning the company to accelerate exploration and advance mining studies at its Cerro Bayo Silver-Gold Project in Chile.

CuFe Ltd has enhanced the confidence level of its Orlando deposit resource at Tennant Creek, increasing the Indicated classification from 42% to 56% following a rigorous QAQC review. This upgrade supports the imminent release of the Orlando Scoping Study.

FireFly Metals reports exceptional infill drilling results at its Green Bay Copper-Gold Project, confirming strong mineral continuity and setting the stage for a resource upgrade and mining feasibility studies.

Verity Resources is set to begin a 3,600m drilling campaign aimed at upgrading and expanding its Monument Gold Project resource in Western Australia. The program targets the Korong deposit with the goal of moving from inferred to indicated resource status.

Patagonia Lithium has announced a 319% increase in its Formentera Lithium Brine Project resource to 551,400 tonnes of lithium carbonate equivalent, underpinned by high porosity and lithium grades. The company plans a 1,000 tonnes per annum demonstration plant in 2025/26, leveraging proven Ekosolve extraction technology.

Verity Resources is set to begin a 3,600m drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its existing gold resource. The program targets increasing confidence in the Korong deposit and advancing towards a mining licence.

Titan Minerals has reported significant high-grade gold and silver mineralisation from surface trenching at its Cerro Verde prospect, bolstering confidence ahead of a mineral resource update expected in late Q3 2025.

Norwest Minerals has announced a substantial 33% increase in the gold resource at its Bulgera Gold Project, now totaling 288,400 ounces following a comprehensive 3D geological model revision. This upgrade coincides with renewed drilling efforts aimed at further expanding the resource base.

Siren Gold reveals promising expansion and development prospects at its Sams Creek Project in New Zealand, with recent drilling uncovering new mineralised zones and a mining permit decision expected by year-end.