Latest Resource Confidence News

Tungsten Mining has kicked off on-site preparations for a major drilling campaign at Mt Mulgine, aiming to significantly expand its tungsten resource and potentially define the world's largest deposit.

Legacy Minerals has withdrawn its earlier Mt Carrington production targets, updating its Scoping Study to reflect a stronger basis with 71% Indicated Resources. The revised study outlines a 12-year mine life, A$514 million pre-tax NPV7, and a streamlined development plan.

Mithril Silver and Gold has reported robust drilling results at its Copalquin project in Mexico, confirming high-grade gold and silver mineralisation extending 300 metres beyond the 2021 resource boundary and supporting a significant resource upgrade due in June 2026.

Orion Minerals has confirmed a significant down-dip extension of copper mineralisation at its Flat Mine East prospect within the Okiep Copper Project, reinforcing resource growth potential ahead of pending assay results.

Solstice Minerals has pushed the Nanadie Copper-Gold Project’s mineralised system deeper by completing its longest diamond drillhole to date, intersecting extensive visible copper sulphides well below the current resource boundary.

Delta Lithium reveals a significant new fluorite discovery with assays exceeding 86% CaF2 at Yinnetharra, alongside ongoing high-grade lithium drilling and metallurgical progress at Mt Ida.

Unico Silver’s latest drilling at the Joaquin Project delivers record silver equivalent grades at Breccia Puntudo and expands mineralisation at La Negra SE and La Morocha SE, underpinning resource growth ahead of the Pre-Feasibility Study.

Pacgold has confirmed new shallow gold mineralisation at its Vertigo deposit within the White Dam Project, suggesting a potential increase to its Mineral Resource Estimate. Infill drilling results support upgrading resource confidence, with further drilling planned to refine the resource and support mine planning.

CuFe’s expanded scoping study for its Orlando copper-gold project integrates underground mining and new bismuth and silver revenue streams, lifting project NPV to A$908 million at spot prices and shortening payback to 10 months.

Austral Resources has kicked off its 2026 drilling campaign with a standout 10m intercept grading 7.52% copper at the Snow Queen Prospect near its Rocklands facility, underpinning its strategy to build regional scale through satellite deposits.

Sky Metals accelerates development of its Tallebung tin-tungsten-silver project with NSW State Significant Development approval process initiated and over 500 drill holes underpinning an updated resource and feasibility study.

Redcastle Resources is accelerating its shift from exploration to production, with mining operations set to start by late May 2026 under a capital-light joint venture with BML Ventures.