Latest Resource Expansion News

Lefroy Exploration’s latest drilling at Mt Martin has unearthed multiple high-grade gold intersections outside the current resource, underscoring significant expansion potential ahead of a September scoping study.

True North Copper has enhanced its Cloncurry Copper Project resource base by adding a 1.0 Mt gold-copper resource at Wynberg, featuring 61,000 ounces of gold and 3,000 tonnes of copper. The update supports near-term development prospects and broadens the project's metal exposure.

Forrestania Resources has upgraded the British Hill gold deposit resource to 126,290 ounces, more than doubling the previous estimate and significantly increasing the higher-confidence Indicated category. Ongoing drilling and development studies aim to further enhance the project’s value within the Forrestania Hub.

TG Metals has raised A$2.5 million through a placement backed by institutional investors and insiders to fund resource expansion, scoping studies, and direct shipping ore opportunities at its Western Australian gold and lithium assets.

Kuniko Limited has secured A$1.30 million through a well-supported placement to advance its Commonwealth-Silica Hill gold-silver project in NSW, underpinning a Phase 2 drilling campaign targeting resource growth and exploration across a district-scale system.

Pantoro Gold’s latest infill drilling at Racetrack within the Norseman Project reveals exceptional high-grade continuity, including a spectacular 1,737 g/t gold intercept, underpinning plans to ramp up underground production.

American Uranium has lifted its Lo Herma uranium resource to nearly 10 million pounds U3O8, with a 72% jump in Indicated Resources and a stronger base ahead of a Q4 2026 scoping study.

Aeris Resources outlines FY27 production largely in line with FY26, while sharply increasing growth capital to advance the Constellation project and boosting exploration across assets.

Horizon Gold has reported a series of broad, high-grade gold intercepts from recent RC drilling at its Gum Creek Project in Western Australia, reinforcing the potential for resource expansion near its planned processing plant.

Sun Silver Limited’s latest drilling at the Maverick Silver Project in Nevada confirms extensive high-grade silver, gold, and antimony mineralisation beyond its current resource estimate, validating its geological model and underpinning resource growth ambitions.

Patronus Resources (ASX:PTN) is executing a major 30,000-metre multi-rig drilling campaign at its Pine Creek gold project, underpinning a 2.3 million ounce gold equivalent resource across its Northern Territory and Western Australia assets, supported by a robust $65 million cash position.

Terrain Minerals has released a maiden inferred mineral resource estimate at its Lightning Gold Project alongside advancing multiple critical and precious metals projects across Western Australia and Queensland.