Latest Resource Updates News

Canadian Phosphate (ASX: CP8) has locked in a five-year exploration permit for its Wapiti Phosphate Project in British Columbia, setting the stage for immediate drilling and a refreshed JORC resource estimate by late 2026.

Lefroy Exploration has revised its Mt Martin gold resource estimate to 460,000 ounces at 1.6 g/t, marking a 5% increase driven by economic reclassification and deeper inferred resources. The company is advancing a 4,000m drilling program targeting high-grade extensions, with a scoping study set for the June quarter.

Dreadnought Resources has reported some of the highest-grade gold intercepts yet at Metzke’s Find, extending mineralisation beyond its 2023 resource and setting the stage for a resource upgrade in July 2026.

Great Boulder Resources (ASX:GBR) has struck a transformative deal to acquire Westgold’s Peak Hill Gold Project, adding nearly half a million ounces of gold resources and securing a strategic partnership to fast-track production.

Great Boulder Resources is set to acquire Westgold’s Peak Hill Gold Project for $25 million cash, a 19.9% stake, and a 1% royalty, significantly boosting its gold resources and advancing near-term production plans.

Asara Resources delivers standout drill results from the Massan deposit at its Kada Gold Project in Guinea, highlighting substantial high-grade gold extensions that could significantly boost the resource base.

Aldoro Resources has unveiled standout high-grade niobium and strontium intercepts from its Phase II drilling at Kameelburg, Namibia, confirming a large, continuous multi-commodity mineral system and opening a potential standalone niobium domain.

Energy Transition Minerals has released a JORC-compliant Mineral Resource Estimate for its Penouta tin-tantalum-niobium mine in Spain, reinforcing its strategic role in Europe's critical minerals supply chain and setting the stage for a project restart.

Dreadnought Resources has confirmed near-complete gold recoveries from metallurgical tests at Metzke’s Find, underpinning a planned resource upgrade and scoping study for its Illaara Gold Project.

Maritana Minerals has delivered further high-grade gold intercepts from its Burbanks project in WA, reinforcing geological confidence and setting the stage for a June Mineral Resource update.

PC Gold has reported high-grade gold intercepts extending the Main Zone at Spring Hill by 120 metres south, with mineralisation now found within the existing pit shell and drilling ramping up to accelerate resource growth ahead of a June update.

IRIS Metals has completed acquisition of 87 federal mining claims in South Dakota but will not proceed with the private land component of the Ingersoll Project due to unforeseen issues. The company is reassessing options while maintaining its broader critical minerals strategy.