Latest Resource Growth News

Sunshine Metals (ASX:SHN) has delivered strong final assay results from its extensive grade control drilling at Liontown, revealing multiple high-grade gold and silver intercepts that bolster the case for a resource upgrade and a revised mining study scheduled for mid-2026.

Peel Mining has agreed to sell its South Cobar Copper Project to Aeris Resources, while spinning off its remaining Cobar Basin assets into a new ASX-listed company, Spectre Metals. Exploration highlights from the Southern Nights Complex and Nombinnie Prospect underpin the growth potential of the new entity.

High-Tech Metals has kicked off a 5,000-metre drilling campaign at its Mt Fisher gold project to unlock significant resource expansion potential. An independent review revealed that less than 60% of known mineralised intercepts are included in the current resource, highlighting substantial upside.

Greenwing Resources’ latest geophysical analysis reveals the San Jorge lithium brine system extends to 1,000m depth with increasing lithium grades, setting the stage for a significant resource expansion.

BMC Minerals has kicked off its 2026 drilling campaign at the Kudz Ze Kayah Project with a standout massive sulphide intercept at the Krakatoa Zone, pointing to potential extensions beyond current reserves and a longer mine life.

Breakthrough Minerals has kicked off its first diamond drilling campaign at the Barbara Copper-Gold Project, aiming to extend high-grade mineralisation and boost its Queensland resource base shortly after acquiring the North Queensland Copper-Gold Project.

Ausgold Limited has expanded its Katanning Gold Project drilling program to 54,000 metres, revealing high-grade mineralisation beyond existing resource limits. The company also secured a key cooperation agreement with the Wagyl Kaip Southern Noongar Aboriginal Corporation, while permitting delays push the final investment decision to Q4 2026.

True North Copper is set to acquire Renegade Exploration’s stake in the Carpentaria Joint Venture, integrating the Mongoose resource with its Taipan deposit to boost the Cloncurry Copper Project’s scale and development potential.

Astral Resources has reported strong drilling results across its Western Australian gold projects, progressing the Mandilla Definitive Feasibility Study (DFS) and securing $1.76 million in a recent placement tranche. The company maintains a healthy cash position of $73 million as it targets first gold production in early 2028.

Many Peaks Minerals has delivered a maiden Mineral Resource Estimate of 1.3 million ounces of gold at its Ferké Gold Project in Côte d’Ivoire, predominantly in high-confidence categories and supported by ongoing drilling and development work.

Leeuwin Metals has secured Mining Lease M77/1300 over the Evanston deposit, marking a crucial step toward development at its Marda Gold Project. All current Mineral Resources at Marda now reside on granted leases, underpinning future production plans amid ongoing exploration.

Axel REE is accelerating its in situ recovery (ISR) mining trials at the Caladão Project in Brazil, targeting rare earth elements and gallium extraction through a low-cost, environmentally friendly method. The company is fully funded for pilot wellfield trials at the Woolrich deposit, with expansion potential at Paraíso and Tiger Creek.