Latest Resource Confidence News

Zeotech Limited has extended its offtake agreement with Jiangsu Mineral Sources International Trading Co. to April 2027, while completing a major drilling campaign and securing key environmental and infrastructure approvals at the Toondoon Kaolin Project.

Iltani Resources has reported robust assay results from 11 recent drill holes at its Orient West project, confirming multiple high-grade silver-indium intersections and broad mineralised zones at open pittable depths.

Pursuit Minerals has kicked off diamond drilling at the Mito tenement, aiming to unlock a vast lithium brine system that could significantly boost its Rio Grande Sur resource. The drill program follows advanced geophysical work and a recent resource upgrade, positioning the project for potential long-term growth.

Sentinel Metals (ASX: SNM) is set to nearly double its North American gold resources with the acquisition of the Big Springs Gold Project in Nevada, adding 1.01 million ounces to its portfolio alongside Montana’s Columbia Project.

Fortuna Metals has produced a premium-grade rutile concentrate exceeding 96% TiO2 from its Mkanda project in Malawi, marking a significant step toward establishing itself as a global supplier of titanium and graphite.

Norwest Minerals updates its Bulgera Gold Project resource estimate to 191,000 ounces within an optimised open-pit shell, underpinning a promising heap leach development pathway with strong metallurgical recoveries.

Legacy Minerals has engaged WSP Global to update its Mt Carrington Mineral Resource Estimate, aiming to boost silver ounces, copper tonnes, and resource confidence ahead of a scoping study optimisation.

Aureka Limited has completed a Concept Level Study for its Comstock Gold & Silver Project, selecting the Walkers Pit as the preferred site for a low capital, fast-start mining operation. The company has lodged a Prospecting Licence application and is advancing an infill drilling program to upgrade its 56,000-ounce inferred resource.

Andean Silver has significantly expanded its Cerro Bayo silver-gold project resource, increasing the Indicated Mineral Resource by 230% to 60 million ounces silver equivalent and raising the total resource to 136 million ounces AgEq. This upgrade sets the stage for upcoming feasibility studies and a major drilling campaign.

New Talisman Gold Mines commissioned its processing plant and secured commercial offtakes while reporting a $2.26 million net loss in FY26. The company is refocusing on geological modelling and targeted drilling to boost resource confidence and production.

Astral Resources has reported significant deep gold mineralisation extending well below the current Theia Deposit resource at its Mandilla Gold Project, alongside ongoing in-fill drilling to upgrade open pit resources.

Benz Mining’s latest drilling at Glenburgh’s Icon Camp continues to underpin a multi-million-ounce gold target, delivering thick high-grade intercepts and expanding mineralised zones towards Apollo.