Latest Resource Expansion News

New Murchison Gold Limited has delivered strong drilling results at its Cloudkicker deposit, revealing higher-grade and more continuous gold mineralisation than previously estimated. Mining has commenced, with Cloudkicker expected to contribute around 20,000 ounces of gold over the next 12-18 months.

Astral Resources has revealed substantial deep diamond drilling results at its Theia Deposit, part of the Mandilla Gold Project, highlighting significant mineralisation both within and extending well beyond the current resource boundaries.

Ora Banda Mining (ASX:OBM) reported a substantial expansion of its Mineral Resources and Ore Reserves at the Davyhurst Gold Project, driven by exploration success and significant drilling investment.

Ausgold Limited has reported robust drilling results that expand and upgrade the 2.44 million ounce Mineral Resource at its Katanning Gold Project, while advancing key pre-development milestones ahead of a final investment decision targeted by year-end.

Sky Metals has unveiled a significant Mineral Resource Estimate upgrade for its Tallebung project, lifting tin and tungsten inventories substantially and introducing a maiden silver resource. This positions Tallebung as a large-scale, shallow open-pit opportunity with promising metallurgical and development prospects.

Latitude 66 Limited's latest geophysical surveys reveal multiple high-priority drill targets at its Finnish KSB and PSB Projects, with potential to significantly grow its mineral resource base. Drilling is set to begin in Q3 2026, advancing the company’s development ambitions.

Raptor Metals has validated a large-scale copper system at its Chester Project in Canada, delivering some of the broadest and highest-grade intercepts from its maiden diamond drilling program and revealing significant resource expansion potential.

Impact Minerals’ JV partner Kuniko has kicked off Phase 2 diamond drilling at the Commonwealth-Silica Hill Project in NSW, aiming to expand newly discovered high-grade gold-silver zones. The initial 1,300m program follows a 100% success rate in Phase 1 and sets the stage for a resource upgrade in late 2026.

Larvotto Resources has moved decisively to secure the Blockade Copper Mine near Mt Isa, Queensland, following due diligence drilling that confirmed robust, continuous copper mineralisation. The acquisition positions Larvotto to accelerate its push towards near-term copper production in a region with established infrastructure.

TG Metals' recent drilling at Van Uden reveals extensive near-surface laterite gold mineralisation beyond existing resources, underpinning a promising heap leach development with low capital costs and high recoveries.

Corazon Mining has completed its acquisition of the Chalice Gold Project from Westgold Resources, securing a 191,000oz high-grade gold resource and planning an aggressive drilling campaign to unlock further potential.

Corazon Mining has secured the Chalice Gold Project from Westgold, marking its shift to a gold developer with a 191,000oz resource and a $16.5 million capital raise to fund an aggressive drilling campaign.