Latest Resource Upgrade News

St Barbara has completed a major strategic transaction with Lingbao Gold Group, receiving A$389 million in cash and approving a US$333 million investment to expand the New Simberi Gold Project, setting the stage for a significant production boost.

Antipa Minerals has significantly expanded and upgraded its Minyari Project resource in Western Australia, now boasting 3.6 million ounces gold equivalent with a robust 85% Indicated classification at its core Minyari Dome deposits.

Verity Resources has initiated a comprehensive soil sampling campaign across its expanded Monument Gold Project in Western Australia, aiming to identify new drill targets and support an upcoming resource upgrade.

St George Mining has partnered with Boston Metal to trial a cutting-edge molten oxide electrolysis technology at its Araxá Project, aiming to revolutionise niobium production with lower costs and emissions.

Larvotto Resources has reported robust diamond drilling results at its Metz Mining Centre, revealing wide zones of gold, antimony, and tungsten mineralisation that promise to boost the Hillgrove project’s resource base.

Ballard Mining reports promising drilling results at its Mt Ida Gold Project, extending mineralisation and targeting new open pit resources to supplement the Baldock deposit. The company advances towards a maiden ore reserve and feasibility study in 2026.

Sun Silver Limited has launched an ambitious 2026 drilling campaign at its Maverick Silver Project in Nevada, deploying four diamond core rigs to upgrade and expand its mineral resource while advancing metallurgical studies.

Everest Metals Corporation has reported promising metallurgical test results for its Mt Edon Critical Mineral Project, alongside submitting a key Mining Proposal to regulators, signalling progress toward commercial development.

Tartana Minerals has secured $4.5 million in capital to fast-track exploration and increase copper sulphate production at its Far North Queensland projects. The company is poised to expand its resource base and production capabilities with new drilling and operational upgrades.

St George Mining has partnered with Spain’s Tecnicas Reunidas to test advanced processing technology on its Araxá rare earths, aiming to unlock European markets alongside existing US and Brazilian alliances.

American Uranium Ltd has increased its Lo Herma uranium resource to 9.45 million pounds with 43% now Indicated, marking a 10% growth and advancing the project toward a pivotal Scoping Study in Q3 2026.

Tesoro Gold reports strong assay results from its ongoing infill drilling at the Ternera Gold Deposit in Chile, reinforcing the deposit’s continuity ahead of a mid-year resource update. The company is also preparing to shift focus to a new discovery drilling campaign across the district.