Latest Resource Upgrade News

Aurum Resources has taken a major step forward at its Boundiali Gold Project in Côte d'Ivoire by lodging three mining licence applications covering over 570 square kilometres, setting the stage for a busy 2026 with extensive drilling and resource updates.

St George Mining reports exceptional diamond drilling results from its Araxá Rare Earths and Niobium Project in Brazil, revealing thick, high-grade mineralisation from surface that supports a significant resource upgrade.

Asara Resources has released a second tranche of drilling results from its Massan deposit in Guinea, reinforcing the continuity of gold mineralisation and confirming promising depth extensions beyond the current resource model.

Western Gold Resources Limited has released an updated Mineral Resource Estimate for its Gold Duke Project, reporting 277,000 ounces of gold and setting the stage for near-term production.

Elevate Uranium has expanded its global uranium resource base to 169 million pounds of U3O8 through the strategic acquisition of the Napperby Uranium Project and complementary assets from Core Lithium. This move consolidates its Central Australian portfolio and leverages its proprietary U-pgrade™ beneficiation technology.

Axel REE Limited has announced a substantial upgrade to its Caladão Rare Earth Elements and Gallium resource in Brazil, expanding the project’s scale and advancing plans for low-cost in situ leach extraction.

Ballard Mining has completed an 86,000m infill drilling program at its Baldock gold deposit, delivering strong assay results that support upgrading resources and targeting a maiden Ore Reserve by mid-2026.

Waratah Minerals reports significant new gold assay results from its Spur Gold Project in New South Wales, revealing promising high-grade mineralisation and growth potential. Ongoing drilling continues to expand the resource footprint with multiple rigs active.

Metal Hawk Limited’s first diamond drilling at Leinster South confirms significant high-grade gold mineralisation, revealing thicker zones and new targets for 2026 follow-up drilling.

Stellar Resources has reported a significant 51m wide tin mineralisation zone at its Severn deposit, reinforcing the potential to upgrade and expand its Heemskirk Tin Project resource. Ongoing drilling and rising tin prices underpin the company’s advancing prefeasibility study.

Verity Resources has reported robust initial results from its Phase 2 drilling at the Korong deposit, reinforcing confidence in its 154,000-ounce inferred gold resource and setting the stage for an upgrade to higher confidence categories.

Advance Metals has rapidly progressed its diamond drilling program at the high-grade Yoquivo Silver-Gold Project in Mexico, completing five holes with assay results awaited. The company is also advancing historic core sampling and geological modelling ahead of an updated resource estimate.