Latest Resource Confidence News

Austral Resources is set to begin an 18-hole drilling campaign at its Rocklands project to enhance confidence in its copper-gold resource and optimise processing. Results expected through Q3 2026 will inform next steps in resource development and plant efficiency.

BMG Resources is set to begin a significant 10,000-metre diamond drilling campaign at its Abercromby Gold Project in Western Australia, aiming to grow and upgrade its existing 518,000-ounce gold resource. The drilling will focus on high-grade lodes within the Capital Deposit, with results feeding into mine planning and a scoping study due this quarter.

Lindian Resources has launched a significant Stage 2 drilling program at its Kangankunde Rare Earths Project in Malawi, aiming to upgrade resource confidence and expand production capacity. The initiative targets converting up to 40 million tonnes of inferred resources to indicated status, underpinning plans to increase ore throughput and monazite concentrate output.

True North Copper has increased its Cloncurry Copper Project mineral resources by 7% in copper and 9% in gold, underpinning ongoing feasibility studies and future drilling plans.

Western Mines Group is set to commence a major Phase 5 drilling campaign at its Mulga Tank nickel project, targeting high-grade zones and expanding its resource base with a mix of reverse circulation and diamond drilling.

PC Gold Limited has raised approximately A$24 million through a placement led by institutional investors, including a A$5 million cornerstone from Macquarie Bank, to accelerate exploration and development at its Spring Hill Gold Project.

Titan Minerals has reported outstanding drilling results at its Dynasty Gold Project in Ecuador, nearly doubling the depth of mineralisation at the Brecha-Comanche target and boosting confidence ahead of a resource update due in late Q1 2026.

Stellar Resources has gained consent to apply for a mining licence adjacent to its Heemskirk Tin Project, advancing plans for a key tailings storage facility and exploring regional processing options.

American Uranium has restarted drilling at its Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its existing 8.57 million pound resource ahead of key updates in 2026.

Tungsten Mining NL has launched a Project Economic Evaluation to explore accelerated development of its Watershed Project, leveraging existing approvals to potentially fast-track production in a tightening tungsten market.

Orbminco Limited reports promising interim infill drilling results at its Majestic North Gold Project, confirming high-grade shallow gold zones and potential southern extensions. The company also secures $5 million in a two-tranche placement to accelerate resource delineation and development.

Patagonia Lithium Ltd has successfully raised A$2.9 million through a private placement, aiming to fast-track drilling and feasibility studies at its flagship Formentera Project in Argentina.