Latest Resource Confidence News

Nickel Industries has boosted the Sampala Project’s nickel resource to over 1 billion tonnes, reinforcing its position among the world’s largest nickel laterite holders and advancing development with a $144 million acquisition payment due next year.

Kalamazoo Resources has unveiled a substantial underground Exploration Target at its Peake Deposit, potentially adding up to 380,000 ounces of gold and extending the Ashburton Gold Project’s mine life beyond current plans.

Verity Resources awaits Botswana Department of Mines approval to launch near-surface exploration on its extensive critical metals portfolio, targeting high-grade copper-silver and nickel-copper-PGE mineralisation with promising historical results and district-scale potential.

Auric Mining has upgraded its Munda Gold Deposit resource by 32% to 192,000 ounces, supported by high-grade drilling and production that outperformed expectations. The deposit remains open for expansion, with a scoping study underway to integrate mining with the Burbanks Processing Plant.

Legacy Minerals has delivered a robust Scoping Study for its Mt Carrington gold-silver-copper project, confirming a high-margin 12-year operation with significant growth potential and manageable capital requirements.

Gold Hydrogen is accelerating Helium development at its Ramsay Project, leveraging exceptional purity results and independent modelling amid a tightening global Helium supply.

Maronan Metals has landed a $22 million strategic investment from Kinterra Capital, boosting its cash reserves to $36.6 million and fully funding an expanded 2026 drilling campaign and Preliminary Feasibility Study for its Maronan Project.

WA1 Resources has significantly increased the indicated resource at its Luni Niobium Project to 93 Mt at 1.32% Nb2O5, backed by A$131 million in cash and progressing key development workstreams including permitting and metallurgical testwork.

Saturn Metals has reported robust drilling results at its Apollo Hill Gold Project, reinforcing a near-term upgrade to its 2.24 million ounce Mineral Resource. The new data will underpin the upcoming Definitive Feasibility Study and updated Ore Reserve.

Prospect Resources has updated its Mumbezhi Copper Project Mineral Resource Estimate, boosting tonnage by 20% to 208.1 million tonnes and doubling gold resources to 262,100 ounces. The project now boasts tier-1 copper grades comparable to Zambia’s top mines, with Phase 3 drilling underway to expand resources further.

Carnavale Resources has lifted its Kookynie Gold Project Mineral Resource Estimate by 2.5% to 120,000 ounces at 4.4 g/t, with a significant upgrade to Measured resources that reduces early-stage mining risk.

Stellar Resources has returned strong high-grade tin results at its Montana deposit, complementing near-complete drilling at Severn and reinforcing the Heemskirk Tin Project's status as Australia's highest-grade undeveloped tin resource.