Latest Resource Confidence News

Jindalee Lithium's US arm has cleared the last regulatory hurdle to begin a critical Phase 1 drilling program at the McDermitt Lithium Project, aiming to upgrade resource confidence and provide key data for project feasibility.

Medallion Metals has confirmed and expanded high-grade gold mineralisation at its Lounge Lizard deposit in Western Australia, validating historical data and identifying new lode structures ahead of a major drilling campaign and resource estimate.

ADX Energy’s HOCH-1 well in Upper Austria shows promising gas flow and reservoir extent, with further multi-zone testing set to resume after delays.

West Coast Silver (ASX:WCE) has revealed substantial extensions to its Elizabeth Hill silver deposit, with diamond drilling intersecting wide, near-surface zones of silver mineralisation beyond the current resource estimate. These results underpin plans for a resource update and scoping study later this year.

Stavely Minerals has released an updated 2026 Scoping Study for its Thursday's Gossan project in western Victoria, revealing a robust 60Mt copper-gold-silver resource and strong financial metrics including a pre-tax NPV7 of A$818 million and a 40% IRR.

Prospect Resources reveals significant copper extensions at Nyungu Central, with wide intercepts outside current resource boundaries, while maiden drilling at Sharamba shows promising visual mineralisation.

Polymetals Resources continues to confirm broad zones of high-grade silver-lead-zinc mineralisation at the Endeavor Mine’s upper Main Lode, with drilling results supporting an initial Mineral Resource estimate targeted for late 2026.

Green & Gold Minerals has delivered its first drill results at Copper Hills, surpassing historic grades with exceptional copper, silver, tin, indium, and zinc intercepts, confirming a significant hydrothermal system and expanding exploration potential.

Aureka Limited has reported multiple visible gold intercepts near surface in diamond drill hole NED035 at its Comstock Project Walkers Zone, reinforcing the prospect’s high-grade potential ahead of first production. Assay results are pending as infill drilling continues to support resource upgrade plans.

Core Lithium has delivered high-grade lithium intersections at BP33, reinforcing the deposit's scale and underground mining potential with ongoing drilling set to expand resources further.

Advance Metals has drilled four consecutive holes hitting high-grade silver at its Gavilanes Project in Mexico, extending the mineralised system 55 metres south and confirming significant exploration upside ahead of a maiden JORC resource due in Q4 2026.

Toubani Resources reports robust high-grade gold intersections from pre-production drilling at its Kobada Gold Project, triggering a Mineral Resource Estimate update and advancing development plans toward mining in early 2027.