Latest Resource Upgrade News

Red Metal Limited reports significant progress across its rare earth, gold, and copper projects, alongside a $16 million capital injection into its Maronan Metals subsidiary. Key drilling and metallurgical studies set the stage for resource upgrades and scoping studies in 2026.

Sunstone Metals advances corporate talks potentially leading to a formal offer while updating its Bramaderos Mineral Resource to support a scoping study. Exploration at its Ecuador projects reveals significant gold and copper potential.

Chilwa Minerals has confirmed elevated rare earth and heavy mineral sands resources in Malawi, progressing exploration and metallurgical studies alongside a $4.1 million capital raise and strategic logistics talks.

Sun Silver Limited reports significant drilling success at its Maverick Springs silver-gold project, backed by a $30 million capital raise and plans for a U.S. OTC listing to broaden investor access.

Gorilla Gold reports a dramatic 340% increase in its Mulwarrie gold resource and ongoing high-grade discoveries at Comet Vale, backed by a $31.7 million capital raise to fuel further exploration.

Andean Silver Limited reports exceptional drilling results at its Cerro Bayo Project, boosting mineral resources by 340% since acquisition and securing A$30 million in capital to accelerate exploration and feasibility studies.

Lakes Blue Energy marked a pivotal quarter with its ASX reinstatement, a $5.8 million capital raise, and completion of the Wombat-5 well, setting the stage for imminent production testing and resource upgrades.

Zenith Minerals has validated a large-scale gold system at its Red Mountain project and initiated its largest ever drilling campaign at Consolidated Dulcie, backed by a strong A$11.15 million capital raise.

Titan Minerals reports robust drilling results at its Dynasty Gold and Linderos Copper projects, alongside a $10 million strategic investment from Lingbao Gold International to accelerate development.

Savannah Goldfields has restarted exploration drilling at its Georgetown Gold Project, targeting resource upgrades at Electric Light and Red Dam prospects. The company aims to extend known gold mineralisation and enhance metallurgical understanding.

Iltani Resources has announced its first JORC Mineral Resource Estimate for the Orient East Silver-Indium deposit, significantly expanding the total resource base of its Orient Project in Northern Queensland.

Patagonia Lithium Limited has announced a substantial 319% increase in its lithium mineral resource at its Formentera/Cilon project, alongside plans for further drilling and geophysical surveys to bolster resource confidence.