Latest Resource Extensions News

Aeris Resources delivered FY26 production within guidance while building a much larger investment program around Tritton, including the Constellation and Mallee Bull developments. The company enters FY27 with no debt, $202 million in cash and receivables, and a sharper test of whether higher spending can convert expanded resources into longer mine life and production.

Caspin Resources has identified an 800-metre tungsten soil anomaly at Taylors Hill, where historical drilling returned high-grade tin and tungsten intersections. The results broaden the Bygoo Project beyond its established tin focus, although the strongest evidence remains untested historical data.

Iltani Resources has reported robust assay results from nine new drill holes at its flagship Orient Silver-Indium Project, confirming continuity and expansion potential across Orient East, West, and Vein One zones. The company targets a resource update in Q4 2026 to underpin a 2027 scoping study.

Polymetals Resources has boosted the Endeavor Mine’s Mineral Resource to 20.7 million tonnes, adding 1.3 Mt of high-grade sulphide mineralisation in the Upper Main Lode despite ongoing depletion and a more conservative density model.

Corazon Mining has unveiled a maiden Exploration Target at its Chalice Gold Project in WA, suggesting the mineralised system could hold up to 830,000 ounces of gold, significantly above the existing resource. A 7,500m drilling campaign is set to test this potential, marking a step towards development.

Vault Minerals has reported a 9% increase in its 2026 Ore Reserves to 3.9 million ounces of gold, driven by notable gains at its Leonora and Deflector operations, underpinning a robust production outlook through FY29.

Paladin Energy has reported significant new high-grade uranium intersections at its Patterson Lake South project, expanding key deposits and uncovering fresh mineralisation zones.

PolarX Limited has intersected significant massive sulphide copper mineralisation in new zones approximately 60m west of the existing Caribou Dome resource in Alaska, potentially expanding the known deposit. Drilling by the Alaska Range Joint Venture with Northern Star continues, with assays expected in October 2026.

Podium Minerals' recent share purchase plan secured $1.56 million, significantly below its $4 million underwritten target, leaving a $2.44 million shortfall to be addressed.

Cobre Limited’s Chilean subsidiary has increased its ownership in the Sierra Atacama Copper Project to 62.86%, positioning the company for expanded copper output amid rising global demand.

Great Southern Mining’s latest assays from the Blanc Plat target reveal promising shallow gold intercepts that may represent a northern extension of the Mon Ami deposit, bolstering resource growth prospects near Laverton.

Broken Hill Mines Limited posted a $48.8 million loss for FY2026, driven by acquisition-related costs and re-compliance expenses, despite a 56% revenue increase reflecting production growth at Rasp and Pinnacles mines.