Latest Resource Confidence News

Tennant Minerals has announced a maiden high-grade copper-gold-silver-bismuth Mineral Resource at its Bluebird discovery, revealing strong early open-pit potential and significant underground upside. New geophysical modelling points to major extensions, underpinning plans for long-term development within the Tennant Creek Copper Alliance.

Verity Resources has completed an Induced Polarisation survey at its Perseverance prospect, aiming to pinpoint gold sulphide zones along a promising 500m strike within the Monument Gold Project. This marks a strategic step toward expanding the project's 154,000-ounce inferred resource.

Challenger Gold has raised A$30 million through an institutional placement to fund the ramp-up of its Hualilan gold project and support an extensive drilling campaign ahead of first production in early 2026.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d’Ivoire, including a standout 0.8m at 350 g/t gold. The company is accelerating exploration with an expanded drilling fleet and preparing major resource updates and a Pre-Feasibility Study for early 2026.

VBX Limited has completed extensive drilling programs at its Wuudagu Bauxite Project and strengthened its development team, positioning itself strongly amid rising Chinese demand and supply risks in Guinea.

American Uranium has initiated Phase 1 of a two-stage drilling campaign at its Lo Herma ISR Uranium Project in Wyoming, aiming to grow and upgrade its existing 8.57 million pound uranium resource ahead of key 2026 milestones.

Wia Gold Limited reports robust assay results from extensive drilling at its Kokoseb Gold Project in Namibia, reinforcing prospects for both open pit expansion and underground mining. The company is on track to deliver a Definitive Feasibility Study by the second half of 2026.

Ballard Mining’s September quarter report highlights promising drilling results at its Mt Ida Gold Project and secures final approvals for a 2.0 Mtpa processing plant, underpinning its development ambitions.

Black Canyon Limited has upgraded the JORC classification of its KR2 manganese deposit to 90% Indicated, enhancing resource confidence and supporting improved mine planning for its Balfour Manganese Field project.

Besra Gold Inc has updated its Bau Gold Project mineral resource to 2.28 million ounces, reflecting refined assumptions and a more robust project foundation despite a reduction in total ounces. This revision sets the stage for a detailed technical review and lease renewal negotiations.

Challenger Gold has secured critical drilling and explosives contracts and completed refurbishment of the Casposo Toll Milling plant, marking a pivotal step toward early gold production at its Hualilán project in Argentina.

Yari Minerals has announced a substantial 140% increase in its JORC Inferred Coal Resource at the Rolleston South Project in Queensland, now totaling 190 million tonnes. The company is actively drilling to upgrade resource confidence and confirm coal quality, positioning itself for future development.