Latest Resource Upgrade News

Pursuit Minerals has kicked off diamond drilling at the Mito tenement, aiming to unlock a vast lithium brine system that could significantly boost its Rio Grande Sur resource. The drill program follows advanced geophysical work and a recent resource upgrade, positioning the project for potential long-term growth.

Charger Metals reports strong metallurgical results from its Medcalf lithium deposit, lifting lithium and tantalum grades significantly while slashing iron content. The company’s recent 34% resource upgrade and proximity to processing infrastructure underpin plans for a scoping study.

Kingston Resources has reported standout underground drilling results at its Red Terror deposit, Mineral Hill, revealing high-grade gold and copper extensions beyond current resource boundaries and opening new exploration avenues to the north and at depth.

Prodigy Gold is progressing key regulatory approvals to restart mining at its Old Pirate gold mine, supported by encouraging ore sorting testwork that significantly upgrades gold grades and promises operational efficiencies.

Savannah Goldfields has boosted the Red Dam gold Mineral Resource by 59% in ounces and introduced an Indicated category for the first time, underpinning plans for expanded mining and processing at Georgetown.

FireFly Metals has delivered exceptional drilling results at its Green Bay Copper-Gold Project, reinforcing the continuity and scale of its high-grade core zone. These assays will feed into updated resource models and economic studies due mid-year.

Sunshine Metals has secured the Mt Moss Operation for $18 million, setting the stage for gold production by mid-2027 and progressing engineering, financing, and exploration activities.

Sunstone Metals is pushing the boundaries of its Bramaderos gold-copper project in Ecuador, with all 20 holes assayed in the current drilling campaign delivering long mineralised intersections. The Porotillo porphyry system alone now extends mineralisation over an area of roughly 500m by 200m beyond the existing 3.6Moz resource.

Krakatoa Resources has launched its second underground drilling season at the Zopkhito Antimony-Gold Project, aiming to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate while pushing early mine development.

Andean Silver has promoted Matthew Allen to Managing Director, cementing his leadership as the company pushes its Cerro Bayo silver-gold project closer to production.

St George Mining delivers a new benchmark intercept of nearly 200 metres of continuous high-grade rare earths and niobium from surface at its Araxá project, reinforcing its scale and open-pit potential.

Cobre Limited is progressing a major upgrade of its Sierra Atacama copper project in Chile, aiming to convert a large foreign resource estimate into a JORC-compliant Mineral Resource Estimate while launching a 40,000-metre drilling program targeting near-mine expansion and deeper sulphide mineralisation.