Latest Resource Definition News

Bellevue Gold Limited delivered a record 143,539 ounces in FY26, surpassing guidance midpoint, and raised FY27 production targets to 150,000-170,000 ounces. The company is advancing paste plant construction and expanding exploration while reducing hedge commitments and maintaining strong liquidity.

WA Gold has delivered a robust scoping study for its Abercromby Gold Project, forecasting strong cashflows and low capital costs, while ramping up drilling at both Abercromby and Bullabulling projects with assay results imminent.

Canadian Phosphate (ASX: CP8) has kicked off a 3,000-metre drilling campaign at its Wapiti Phosphate Project in British Columbia, aiming for a Mineral Resource Estimate by late 2026 that will support both traditional fertilizer and advanced battery material markets.

Arika Resources has locked in $6.55 million through a placement led by Lion Selection Group, which will hold a 6.7% stake, to fund a major drilling campaign at its Yundamindra and Kookynie gold projects in Western Australia.

West Wits Mining has achieved a major underground breakthrough at Qala Shallows, unlocking higher-grade ore zones, while completing a comprehensive ZAR 1.115 billion finance package that underpins its production ramp-up.

Noronex Ltd has secured a major foothold in the US critical minerals sector by acquiring the Sleitat Tin-Tungsten-Silver Project in Alaska, featuring a substantial historic tin estimate and promising exploration upside.

Critica Limited’s recent drilling at the Juno satellite deposit within the Brothers Rare Earth Project has revealed multiple shallow, high-grade rare earth intersections across a 45 km2 area, reinforcing the project’s growth potential and metallurgical compatibility with the flagship Jupiter deposit.

Torque Metals has boosted its Paris Gold Project resource by 40% to 351,000 ounces at 3.1g/t gold, underpinning an ambitious new growth strategy, Project RPM, aimed at rapidly expanding its South Kalgoorlie Gold Camp to a 1 million ounce high-grade resource.

Astral Resources has boosted its Mandilla Gold Project resource to 1.74 million ounces of gold, with drilling confirming significant mineralisation and the Definitive Feasibility Study progressing towards completion in early 2027.

Metals X reported a steady tin output at Renison with a 5.9% tin price lift boosting revenue and EBITDA despite increased costs and a marginal net cash flow dip. Capital projects and exploration advanced, while the company’s strong cash reserves underpin its growth ambitions.

Cooper Metals has completed its first RC drilling at Mt Isa East, visually spotting copper sulphides, and secured the Pyramid Gold Project through an asset swap, backed by a $979,500 placement.

Capricorn Metals has transformed its Mt Gibson Gold Project with a new underground mine, lifting annual production to 260,000 ounces and extending mine life to over 19 years, backed by a robust $6.1 billion NPV.