Latest Resource Confidence News

Chilwa Minerals has significantly boosted its Mineral Resource Estimate by 85% to 110 million tonnes, with a majority now in the Indicated category, underpinning ongoing feasibility studies and rare earth exploration in Malawi.

Hawthorn Resources is progressing its Anglo Saxon gold project with an approved drilling program and advancing mining lease applications at Mt Bevan, while maintaining a strong cash position.

Clara Resources has advanced its Ashford Coking Coal Project with an updated resource report and plans a drilling program, while raising $600,000 to support operations amid a strategic review of its Kildanga Nickel/Cobalt asset.

Sunshine Metals reported significant progress in north Queensland with high-grade gold intersections at Liontown and Sybil, alongside a $1.225 million acquisition and government grants to accelerate exploration.

Australian Gold and Copper Ltd has expanded its South Cobar footprint to 1,400 km² through a key tenement acquisition and completed its largest drilling campaign yet, uncovering promising gold-silver trends that could reshape the district’s mineral potential.

Medallion Metals has amended terms to acquire 100% of Forrestania Nickel Operation assets, while progressing strong drilling results and financing discussions at Ravensthorpe Gold Project, positioning for a Final Investment Decision in late 2025.

Ballard Mining has kicked off an extensive drilling campaign at its Mt Ida Gold Project, confirming high-grade gold resources at the Baldock deposit and advancing exploration across multiple high-priority targets.

Wildcat Resources reports robust final metallurgical assay results from its Tabba Tabba project, revealing significant lithium mineralisation that could enhance project economics and resource confidence.

Horizon Minerals reported steady gold output from Boorara and Phillips Find projects, generating nearly A$39 million in revenue for the June quarter, while progressing a major plant conversion study and securing $30 million in new funding.

Orion Minerals is advancing its Prieska Copper Zinc Mine towards production, targeting first concentrate by Christmas 2026, supported by a recent $5.8 million capital raise and ongoing project optimisation.

Vital Metals Limited has released a comprehensive Scoping Study for its Tardiff Rare Earths deposit in Canada, revealing strong economic potential with an 11-year mine life and significant neodymium-praseodymium resources.

Vital Metals’ latest Scoping Study for its Tardiff deposit in Canada reveals strong economic potential, underpinning an 11-year mine life with significant rare earth and niobium production. The company plans to advance to a Prefeasibility Study by the end of 2026, aiming to optimize recoveries and expand resources.