Latest Resource Reserves News

Astral Resources has reported broad and high-grade gold intersections from two deep holes at Theia, including 22 metres at 2.73g/t and 2 metres at 12.8g/t. The results extend the evidence for mineralisation below the current resource shell, but any resource increase remains dependent on the six remaining holes and further interpretation.

Tivan has won approval to add 50 square kilometres to its Baucau copper-gold project in Timor-Leste, securing ground over a large magnetic anomaly. The expansion comes as the company acknowledges an executive chairman’s personal X post previewed an assay announcement before ASX release and was not authorised under its disclosure policy.

Falcon Metals has confirmed high-grade gold and visible gold across a 750-metre strike at the Lotus Zone, including intercepts of up to 64.0g/t. The result keeps Blue Moon open to the north, while three diamond rigs continue testing the broader Bendigo-style system.

Boab Metals has reported high-grade silver-lead intercepts outside the current Sorby Hills FEED Study pit designs, led by 12.62 metres at 204g/t silver equivalent. The results have pushed the company to extend its growth drilling program as it assesses potential resource, reserve and mine-life additions.

Astral Resources has reported a 1.54g/t Au weighted average across 41 infill holes at Theia, including several high-grade intervals that exceed the existing Stage 1 resource grade. A separate deviated hole returned 1m at 219g/t Au, adding further support to the early mining inventory while deeper drilling continues.

Central Petroleum reported a slight dip in sales volumes and revenue for the September quarter, offset by a significant reserves upgrade and a new long-term gas supply agreement that promises cash flow stability.

PT ANTAM Tbk reports robust nine-month growth in gold, nickel, bauxite, and alumina production alongside a notable ESG risk rating improvement and a 100% dividend payout for 2024.

Rey Resources Limited has issued a Target's Statement recommending shareholders accept an unconditional $0.028 per share cash takeover offer from Vigorous Resources Pty Ltd, representing a significant premium over historic trading prices. The REY Board unanimously supports the offer, citing certainty and liquidity amid the company's financial challenges.

QPM Energy reports a substantial 61% upgrade in Moranbah Gas Project reserves to 435PJ, successfully integrates Moranbah Power Station operations, and begins overhaul of Townsville Power Station, navigating weather disruptions and contract renewals.