Latest Resource Expansion News

Nexus Minerals has reported standout gold assay results from its Wallbrook Gold Project, extending a shallow, high-grade mineralised structure at the Templar Prospect with grades up to 41.27g/t Au. These findings bolster the upcoming multi-prospect resource update due by September.

Adavale Resources has reported a standout 19m intercept at 4.0g/t Au well outside the current London-Victoria Mineral Resource Estimate, signalling potential for a significant resource upgrade due in Q3 2026.

Alice Queen Limited has bolstered its Horn Island gold project with an updated resource of 569,000 ounces and a robust Project Definition Study showing a pre-tax NPV of A$706 million. A 2026 drilling program is underway to test a large-scale Exploration Target of up to 2.3 million ounces.

Astral Resources has uncovered significant deep gold mineralisation beyond the current resource at its Mandilla Project, with broad high-grade zones in newly completed diamond drill holes. The expanded drilling program highlights Theia’s growth potential and sets the stage for upcoming feasibility and exploration activities.

Forrestania Resources has awarded a significant A$27 million contract to MEGA Resources for the initial open pit mining phase at its Tycho Gold Project, marking a pivotal move from development to production.

Aurum Resources has reported substantial high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, confirming resource growth potential at the BST1 deposit and BST2 prospect. The company plans a large-scale 130,000m drilling campaign in 2026, targeting a resource update by Q3 and a Definitive Feasibility Study by year-end.

PMET Resources posted a CAD 2.1 million net loss for Q1 2026, bolstered by strategic partnerships and a strong cash position as it pushes forward with its flagship Shaakichiuwaanaan lithium project.

Medallion Metals has confirmed and expanded high-grade gold mineralisation at its Lounge Lizard deposit in Western Australia, validating historical data and identifying new lode structures ahead of a major drilling campaign and resource estimate.

Kuniko Limited has extended the high-grade mineralised system at its Silica Hill prospect by approximately 100 metres through Phase 2 diamond drilling, highlighting significant resource growth potential ahead of a planned update.

GBM Resources has validated a major extension of the gold-bearing Milled Matrix Breccia horizon well beyond the existing 309 deposit at Twin Hills, Queensland, reshaping the project’s exploration potential.

AIC Mines has confirmed a high-grade copper-gold shoot at its Brumby prospect near the Cannington mine, with drilling intersecting up to 14.4% copper over 10.5 metres within a broader mineralised zone.

Black Canyon has confirmed a 400-metre southern extension to its Wandanya manganese project, delivering multiple high-grade manganese intercepts and advancing towards a maiden Mineral Resource Estimate in September 2026.