Latest Resource Classification News

Yari Resources reveals multiple coal product pathways at its Arcadia Coal Project, including semi-soft coking, PCI, and high-energy thermal coal, supported by a 10% average in-situ ash and expanded technical data.

Magnetite Mines has unveiled a revamped scoping study for its Razorback Iron Ore Project, introducing key design changes to reduce capital costs and boost project viability. The company is also actively pursuing funding options including royalty arrangements and strategic partnerships.

Maronan Metals has marked a transformative year with a positive Preliminary Economic Assessment, grant of a key Mineral Development Licence, and two capital raises totaling nearly A$40 million, positioning the company for accelerated development of its Queensland silver-lead and copper-gold project.

Great Divide Mining has consolidated and restated a high-grade gold resource at its Adelong Project, confirming 169,700 ounces of contained gold with over half classified as Measured or Indicated.

Marmota Limited has ramped up its maiden drilling campaign at the Greenewood gold discovery to 31,000 metres, focusing on the Mainwood zone to extend mineralisation and support an upcoming scoping study.

Capstone Copper has boosted its Atacama presence by acquiring the San Pietro copper project, adding 16,000 hectares and nearly half a billion tonnes of inferred resources to its Mantoverde-Santo Domingo district.

High-Tech Metals has lifted its Mt Fisher gold resource by nearly half, adding a significant underground component beneath the historical pit. This expansion sets the stage for further drilling and development.

Barton Gold has reported significant high-grade gold mineralisation from its Phase 2 drilling at the Tunkillia Gold Project, potentially boosting resource grades and project economics ahead of a Pre-feasibility Study targeted for early 2027.

Berkeley Energia reported a $8.7 million net loss for FY2026 while pushing forward with its Salamanca uranium project and maiden critical minerals resource at Conchas. The company continues a $1.25 billion ICSID arbitration claim against Spain over permitting delays.

Adavale Resources has wrapped up its 85-hole drill program at London-Victoria with strong assay results confirming broad and high-grade gold mineralisation beyond the existing resource boundary. An updated Mineral Resource Estimate is expected in Q3 2026, setting the stage for a scoping study.

Encounter Resources has reported further high-grade niobium intersections at its Emily and Green deposits within the Aileron Project, Western Australia, and commenced diamond drilling to test mineralisation depth at Emily.

Pilbara Gold has reported significant extensions and thickening of gold mineralisation at its 2.1Moz Mt York Project, with half of its +50,000m 2026 drilling campaign completed and resource updates on the horizon.