Latest Resource Confidence News

Legacy Minerals has engaged WSP Global to update its Mt Carrington Mineral Resource Estimate, aiming to boost silver ounces, copper tonnes, and resource confidence ahead of a scoping study optimisation.

Aureka Limited has completed a Concept Level Study for its Comstock Gold & Silver Project, selecting the Walkers Pit as the preferred site for a low capital, fast-start mining operation. The company has lodged a Prospecting Licence application and is advancing an infill drilling program to upgrade its 56,000-ounce inferred resource.

Andean Silver has significantly expanded its Cerro Bayo silver-gold project resource, increasing the Indicated Mineral Resource by 230% to 60 million ounces silver equivalent and raising the total resource to 136 million ounces AgEq. This upgrade sets the stage for upcoming feasibility studies and a major drilling campaign.

New Talisman Gold Mines commissioned its processing plant and secured commercial offtakes while reporting a $2.26 million net loss in FY26. The company is refocusing on geological modelling and targeted drilling to boost resource confidence and production.

Astral Resources has reported significant deep gold mineralisation extending well below the current Theia Deposit resource at its Mandilla Gold Project, alongside ongoing in-fill drilling to upgrade open pit resources.

Benz Mining’s latest drilling at Glenburgh’s Icon Camp continues to underpin a multi-million-ounce gold target, delivering thick high-grade intercepts and expanding mineralised zones towards Apollo.

Paladin Energy has identified a fresh high-grade uranium deposit named Atlas at its Patterson Lake South project in Canada, expanding its resource potential with promising drill results.

Minerals 260 Limited reports strong drilling results at its 4.5Moz Bullabulling Gold Project, confirming resource continuity and extensions at key deposits. These findings underpin an upcoming Mineral Resource Estimate update and support the Prefeasibility Study due next month.

New Murchison Gold Limited (ASX:NMG) has boosted its Garden Gully Gold Project mineral resource by 47%, adding maiden resources for Lydia and Abbotts and lifting total contained gold to 359,000 ounces.

Patriot Resources has independently confirmed the reliability of historical assay data at its Tassa Silver-Gold Project in Peru, reinforcing confidence in its 31.4Moz inferred resource and clearing regulatory hurdles ahead of a maiden drill campaign.

Resources & Energy Group (ASX:REZ) has reported significant gold intercepts from its February 2026 drilling at East Menzies, validating extensions beyond the current Goodenough resource and setting the stage for an updated mineral resource estimate.

Kingston Resources has boosted the Southern Ore Zone (SOZ) Mineral Resource at Mineral Hill by 50%, expanding the mining inventory and underpinning plans for reserve growth and plant expansion.