Latest Resource Classification News

Asara Resources delivers standout drill results from the Massan deposit at its Kada Gold Project in Guinea, highlighting substantial high-grade gold extensions that could significantly boost the resource base.

Minerals 260’s latest drilling at Bullabulling delivers strong high-grade gold results, bolstering confidence in resource continuity and underpinning upcoming reserve and feasibility studies.

Maritana Minerals has delivered further high-grade gold intercepts from its Burbanks project in WA, reinforcing geological confidence and setting the stage for a June Mineral Resource update.

Forrestania Resources has secured the Karonie Gold Project in the Eastern Goldfields, adding a JORC-compliant inferred resource of 185,700 ounces and expanding its strategic footprint near key processing hubs.

Forrestania Resources has announced a maiden JORC compliant inferred resource of 58,700 ounces at its Burracoppin gold project in WA, with plans for further drilling and metallurgical testing to upgrade the deposit.

Terra Critical Minerals has established a US foothold with the True American Tungsten Project acquisition while progressing key Australian and Canadian critical metals projects, positioning for upcoming drilling campaigns.

Future Metals has trimmed pre-production capital for its Panton PGM Project by approximately A$74 million through an independent engineering assessment of the Savannah processing facility. Further savings are possible by shifting crushing and ore sorting to Panton, while rising platinum group metal prices bolster project economics.

Encounter Resources (ASX:ENR) has reported a major 83% increase in the Green deposit’s inferred niobium resource at its Aileron project, lifting the combined inferred mineral resource by 54%. Meanwhile, copper-gold drilling advances in the Paterson Province as the company targets Havieron-style systems.

Titan Minerals boosts its Dynasty Gold Project resource to 3.9 million ounces of gold and 26.1 million ounces of silver, driven by extensive drilling at Cerro Verde and discovery of porphyry mineralisation at Kaliman. A major 30,000m drilling campaign is planned for 2026 alongside advancing feasibility studies.

QMines Limited reported a busy March quarter with strong drilling results at Mount Mackenzie, a resource upgrade at Develin Creek, and progress on the Mt Chalmers feasibility study, underpinned by a $15 million strategic funding package from QIC.

Medallion Metals has greenlit development at Ravensthorpe following a $50 million loan and environmental approval, while integrating Forrestania assets to underpin a multi-source gold strategy.

American West Metals reported a 20% increase in contained copper at its Storm Copper Project and intersected promising skarn mineralisation in initial West Desert drilling, highlighting significant exploration upside across its North American base metals portfolio.