Latest Resource Confidence News

Hammer Metals has kicked off a Reverse Circulation drilling campaign at its Mount Isa Kalman project, aiming to upgrade inferred copper-gold resources and expand near-surface mineralisation. The program supports an upcoming Scoping Study and reflects optimism due to recent strength in copper, molybdenum, and rhenium prices.

Lion Rock Minerals reported strong high-grade rutile and heavy mineral results at its Minta Project in Cameroon, expanding infill drilling and commissioning an in-country lab ahead of a maiden resource estimate targeted for H2 2026.

Carnavale Resources has secured a key mining lease and reported robust high-grade gold drilling results at Kookynie, keeping its Bankable Feasibility Study on track for early Q3 2026 delivery.

Far Northern Resources has confirmed significant extensions to its Bridge Creek gold resource following Phase 2 drilling, revealing new mineralisation zones and setting a structured five-step plan for 2026 development.

Sunshine Metals reveals a robust Mining Study at its Liontown Project in Queensland, targeting shallow oxide gold with initial production of approximately 75,000 ounces of gold and 654,000 ounces of silver, generating an estimated net operating cashflow of $163 million. High-grade drilling results and a $202K government grant support ongoing exploration and development.

Dreadnought Resources accelerated progress on gold and critical metals fronts in the March quarter, securing mining approvals, expanding its rare earth portfolio, and delivering high-grade drill results at key prospects.

WA1 Resources has delivered a fresh batch of high-grade niobium intersections at its Luni Project, underpinning a Mineral Resource Estimate update due next quarter. The company also maintains a robust cash balance of $131 million as it advances pre-development activities.

Investigator Silver has locked in a robust Definitive Feasibility Study for its Paris Silver Project, backed by a strategic A$55 million placement to fast-track early works and financing.

American Uranium Limited is gearing up to drill 55 holes at its Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade mineral resources ahead of a Q3 2026 resource update and Scoping Study.

Tesoro Gold has reported standout deep drilling results at its Ternera Deposit, confirming mineralisation well beyond previous open pit limits, while fast-tracking its El Zorro project into a Definitive Feasibility Study aiming for completion by year-end.

Delta Lithium’s March quarter report highlights robust high-grade lithium drilling at Mt Ida, successful production of battery-grade lithium and rubidium carbonates, and ongoing exploration progress at Yinnetharra, supported by a strong $52 million cash position.

Black Cat Syndicate posted solid operating cash flow of A$61 million in the March quarter, driven by the ramp-up at Kal East and a strategic $20 million expansion of the Lakewood processing facility. The company also reported a 95% increase in antimony resources at Mt Clement, signaling growth potential beyond gold.