Latest Resource Growth News

Great Northern Minerals (ASX: GNM) reported a $3.8 million loss for FY26 amid major US acquisitions, including the Iron Butte gold-silver project with a maiden resource of 480,000 oz gold and 11.5 million oz silver, and the Catalyst Ridge rare earths project. The company also completed a $2 million divestment of its remaining Golden Ant interest.

Maronan Metals has marked a transformative year with a positive Preliminary Economic Assessment, grant of a key Mineral Development Licence, and two capital raises totaling nearly A$40 million, positioning the company for accelerated development of its Queensland silver-lead and copper-gold project.

True North Copper is expanding its Mt Oxide copper district with the Aquila-Chidna discovery now stretching over 2.3km, while progressing a prefeasibility study at Cloncurry due late 2026.

Dundas Minerals has stitched together a continuous gold corridor north of Kalgoorlie, adding nine licences including the high-grade Gemini prospect. Historical drilling highlights untested mineralisation open along strike and depth, setting the stage for a major drilling campaign starting late September.

Marmota Limited has ramped up its maiden drilling campaign at the Greenewood gold discovery to 31,000 metres, focusing on the Mainwood zone to extend mineralisation and support an upcoming scoping study.

Sunstone Metals has delivered robust drilling results at its Bramaderos Gold-Copper Project in Ecuador, expanding the Melonal porphyry system with long mineralised intervals and strong grades, setting the stage for a resource update.

AusQuest’s latest diamond drilling at the Cangallo project in Peru pushes copper mineralisation down to at least 800 metres and reveals multiple higher-grade zones, reinforcing the scale of this emerging porphyry system.

Gorilla Gold Mines has significantly expanded a high-grade footwall gold discovery at its Sovereign deposit in WA, extending the strike length to over 1 kilometre and revealing multiple exceptional intercepts outside the current resource.

Many Peaks Minerals has revealed a major down-dip extension of gold mineralisation at its Ouarigue prospect in Côte d’Ivoire, highlighted by a 36m intercept at 2.64g/t gold from 600m depth. The results support ongoing resource growth and underpin plans for an updated Mineral Resource Estimate by the end of September.

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.

Sun Silver continues to reveal extensive silver and antimony mineralisation at its Nevada Maverick Silver Project, with drill hole MV0004 hitting 89 metres at 70g/t silver equivalent and substantial antimony intervals above the current resource.