Latest Resource Updates News

Canadian Phosphate (ASX: CP8) has kicked off a 3,000-metre drilling campaign at its Wapiti Phosphate Project in British Columbia, aiming for a Mineral Resource Estimate by late 2026 that will support both traditional fertilizer and advanced battery material markets.

Alma Metals is advancing its Briggs Copper Project with ongoing infill drilling aimed at upgrading resources and has boosted its operational capacity by acquiring a new exploration camp. The company completed a $4 million placement, strengthening its balance sheet as it pushes toward a Pre-Feasibility Study.

Astral Resources has boosted its Mandilla Gold Project resource to 1.74 million ounces of gold, with drilling confirming significant mineralisation and the Definitive Feasibility Study progressing towards completion in early 2027.

Metals X reported a steady tin output at Renison with a 5.9% tin price lift boosting revenue and EBITDA despite increased costs and a marginal net cash flow dip. Capital projects and exploration advanced, while the company’s strong cash reserves underpin its growth ambitions.

Ballard Mining has delivered its highest gold intercept to date at the West Knell Prospect within the Mt Ida Gold Project, reporting 9 metres at 27.1 grams per tonne gold. This breakthrough expands mineralisation along the underexplored Ballard Fault Zone and supports an upcoming resource update and mining lease application.

Aldoro Resources has solidified its position in critical minerals with a major resource update at Kameelburg, revealing the world’s largest Strontium deposit alongside high-grade rare earth and niobium mineralisation, backed by robust Phase II drilling and metallurgical advances.

Breakthrough Minerals has delivered promising assay results from its maiden drilling at Barbara, underpinning resource growth potential, while launching a new drilling campaign at Hazel Creek and securing A$5.15 million to fund an expanded exploration push.

Aurum Resources has pushed gold mineralisation beyond existing boundaries at its Boundiali BDT2 deposit in Côte d'Ivoire, with 10 new drill holes confirming resource growth potential ahead of a major update and feasibility study in 2026.

Forrestania Resources’ latest drilling at British Hill delivers multiple high-grade gold intercepts, extending mineralisation both near surface and at depth. The results bolster the project’s potential as a key ore source within its regional development strategy.

Broken Hill Mines (ASX: BHM) has hit a significant new bulk tonnage discovery at its Rasp Mine, revealing a 40m wide high-grade silver-lead-zinc zone that dwarfs previous resource estimates in the Centenary Zone.

Novo Resources has lodged a comprehensive NI 43-101 technical report for the Leven Star Reef at its Belltopper Gold Project, outlining an inferred resource of 87,000 ounces gold within optimised underground stope shapes and highlighting the need for flotation processing due to refractory sulphide mineralisation.

Caravel Minerals has advanced its Caravel Copper Project DFS with a 48% increase in Proven Ore Reserves and secured $15 million in new royalty funding from Regal Royalty Fund, while extending key regulatory timelines.