Latest Resource Confidence News

Strickland Metals reports a substantial 2Moz AuEq increase in Serbia’s Rogozna Project resources and a near doubling of gold ounces at Western Australia’s Yandal Project, backed by a $5 million strategic placement from Zijin Mining.

Maronan Metals reports robust assay results confirming extensive high-grade silver-lead mineralisation and promising copper-gold intercepts, alongside progress in mine development with a Mineral Development Licence application.

Siren Gold has submitted a Mining Permit application for its Sams Creek gold project in New Zealand, supported by a robust Scoping Study and plans for infill drilling to upgrade resource confidence. Exploration momentum continues at its Langdon’s and Queen Charlotte projects, positioning the company for a transition from exploration to development.

Ardea Resources Limited has made significant progress on its Kalgoorlie Nickel Project (KNP) Goongarrie Hub, supported by a fully funded $98.5 million Definitive Feasibility Study (DFS) led by a Japanese consortium. The project is positioned as a long-life, low-cost nickel-cobalt operation critical to the global battery supply chain.

Maronan Metals has reported outstanding metallurgical test results from its carbonate-hosted silver-lead ore, producing high-grade concentrates with recoveries exceeding 90%, reinforcing the project's economic potential.

Everest Metals Corporation has successfully extracted gold from its Revere Gold Project, marking a pivotal step in converting exploration targets into a JORC-compliant resource. The bulk sampling program continues to refine understanding of this high-grade, nuggety gold system.

Axel REE has engaged SRK Consulting and ANSTO to initiate a maiden Mineral Resource Estimate and metallurgical testing for rare earth elements and gallium at its flagship Caladão Project in Brazil, marking a pivotal step in developing one of the world’s few combined REE and gallium resources.

BMG Resources is ramping up its drilling efforts at the Abercromby Gold Project with assays from Phase 1 drilling imminent, aiming to expand its existing 518,000oz gold resource. Concurrently, a new drilling program is planned for the nearby Bullabulling Project following a major regional acquisition.

Native Mineral Resources has completed a $15.9 million shortfall placement, fully funding the restart of gold production at its Queensland projects with first output expected in the third quarter of 2025.

Beacon Minerals has secured key regulatory approvals to launch multiple drilling programs at its Lady Ida Iguana Project, setting the stage for intensified exploration activity over the coming months.

Patronus Resources has upgraded its Mertondale Gold Project resource estimate, increasing contained gold ounces to 480,000oz alongside an 18% rise in grade, setting the stage for a June 2025 scoping study.

Solis Minerals appoints Mitch Thomas as CEO, shifting Mike Parker to Technical Director, ahead of a major 2025 drilling campaign in Peru's copper-rich belt.