Latest Resource Classification News

Verity Resources has completed an 11,000m drilling campaign at its Monument Gold Project, confirming and extending a 154,000oz inferred gold resource with high-grade, consistent intercepts and strong metallurgical recoveries.

PTR Minerals delivered standout assay results from its Rosewood Titanium Project, confirming extensive high-grade mineralisation and strong metallurgical performance, keeping its maiden JORC resource estimate on track for Q2 2026.

Lotus Resources has completed the first phase of a 10,000m infill drill program at its Letlhakane Uranium Project, revealing significant higher-grade uranium intercepts that underpin a resource upgrade planned for H2 2026.

West Coast Silver has confirmed a substantial high-grade silver resource at Elizabeth Hill, supported by exceptional drill results and a maiden Mineral Resource Estimate, setting the stage for accelerated development.

New Frontier Minerals has secured technical approval for its Big One Copper Deposit Mining Lease Application, updated exploration targets across multiple copper prospects, and expanded its rare earths footprint in Australia and Canada.

Temas Resources has closed a CAD 1.5 million flow-through share placement with Maple Leaf Critical Minerals Fund, reinforcing funding for its Quebec titanium projects and proprietary Regenerative Chloride Leach technology commercialisation.

Alliance Nickel’s maiden drilling at Australia United delivers encouraging gold grades, opening pathways for expanded exploration and a potential joint venture.

Tesoro Gold has reported standout deep drilling results at its Ternera Deposit, confirming mineralisation well beyond previous open pit limits, while fast-tracking its El Zorro project into a Definitive Feasibility Study aiming for completion by year-end.

Mount Ridley Mines has launched a large-scale re-assay of 3,300 historical drill samples aiming to expand and upgrade its mineral resource estimates for heavy rare earths, scandium, and gallium without new drilling.

Encounter Resources has boosted its Aileron project’s inferred niobium resource by 54%, lifting the total to 120 million tonnes at 0.77% Nb2O5. The 2025 drilling campaign notably grew the Green deposit’s contained niobium by 83%, underpinning plans for a potential long-life mining operation in Western Australia’s West Arunta region.

Ramelius Resources’ latest drilling at Dalgaranga confirms robust high-grade gold zones at Gilbey’s Underground, hinting at a new underground mine that could lift production beyond FY30 targets.

Aurora Energy Metals has completed the sale of its Aurora Uranium Project to Eagle Nuclear Energy, receiving US$17.1 million in equity and holding rights to up to US$10 million in milestone payments plus a 1% royalty. The transaction strengthens Aurora's balance sheet and ushers in a new leadership phase.