Latest Resource Confidence News

WA1 Resources has revealed a substantial indicated mineral resource at its Luni Niobium Project, supported by successful metallurgical testwork and a robust financial position. The project’s strategic importance in the critical minerals sector is underscored by ongoing development and community engagement.

High-Tech Metals has resumed its second phase of drilling at the Wagtail Gold Deposit, following promising initial assay results that confirm shallow, high-grade gold mineralisation. The ongoing program aims to refine resource confidence and support near-term development plans.

Patagonia Lithium’s latest drilling at Formentera reached 401m, revealing promising lithium concentrations at shallower depths but encountering low-porosity clays that limited further progress. The findings refine the company’s geological understanding and set the stage for upcoming drilling.

Stavely Minerals has initiated an updated 2026 Scoping Study for its copper-gold project in Western Victoria, driven by significantly higher metal prices and improved economic prospects since 2022.

Titan Minerals has reported outstanding infill drilling results at its Dynasty Gold Project, confirming wide, high-grade gold and silver mineralisation that bolsters resource confidence and supports an imminent resource estimate update.

Astral Resources has reported significant progress in its Mandilla Gold Project, underpinned by robust drilling outcomes and a $65 million capital raise to fund development. The company is on track for a Final Investment Decision in September 2026, aiming for first gold production by the end of 2027.

QMines Limited’s maiden drilling program at Mount Mackenzie delivers consistent high-grade gold and silver results, confirming multiple mineralised zones with promising depth extensions. The company advances towards an updated Pre-Feasibility Study, underpinning future mine design and resource growth.

Brightstar Resources has reported high-grade drilling results and a 6% increase in mineral resources at its Lord Byron gold deposit, underpinning an upcoming feasibility study update.

Unico Silver Limited has reported outstanding drill results from its Joaquin Project in Argentina, revealing wide, high-grade silver-gold mineralisation at La Negra SE. These results accelerate the project’s progression towards a Pre-Feasibility Study Mineral Resource Estimate.

Medallion Metals Limited has opened a Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at a 20.8% discount, aiming to raise $5 million for advancing its Forrestania and Cosmic Boy projects.

Asara Resources has released a second tranche of drilling results from its Massan deposit in Guinea, reinforcing the continuity of gold mineralisation and confirming promising depth extensions beyond the current resource model.

FireFly Metals has doubled its Share Purchase Plan to A$10 million following overwhelming investor interest, boosting total funds raised to nearly A$247 million to accelerate drilling and studies at its Green Bay Copper-Gold Project.