Latest Resource Upgrade News

WIN Metals has taken a strategic step to progress its Radio Gold Project by securing a six-month option to acquire a modular gravity processing plant from Tungsten Mining, aligning with its plan for onsite gold processing at 120,000 tonnes per annum.

Asara Resources has delivered strong assay results from its ongoing drilling at the Massan deposit, underpinning plans to upgrade and expand its gold resource at the Kada Project in Guinea.

Aureka Limited has boosted its global JORC gold resource by 26% to 455,000 ounces, driven by a 30% increase at its flagship Irvine Gold Project in Victoria’s Stawell Corridor. The upgrade reflects enhanced geological modelling and successful diamond drilling since early 2025.

Tungsten Mining NL has updated the Mineral Resource Estimate for its Watershed Tungsten Project, increasing contained tungsten by 8% through a lower cut-off grade reflecting strong market prices.

Resources & Energy Group (ASX:REZ) has locked in a binding term sheet with Rembrandt Mining to kickstart gold production at its Maranoa deposit, preserving full ownership while shifting capital risk to Rembrandt and capturing enhanced profit shares at higher gold prices.

Rokeby Resources appoints Richard Beazley as Managing Director and Tim Pallas as Chairman, signalling a strategic leadership overhaul to support the acquisition and development of the high-grade Omeo Gold Project in Victoria.

Turaco Gold’s pre-feasibility study for the Afema Gold Project in Côte d’Ivoire reveals a maiden 1.91 million ounce Probable Ore Reserve and robust project economics, underpinning a 10.3-year mine life producing over 2 million ounces of gold.

European Resources has significantly expanded the exploration potential at its Korsnäs rare earth project in Finland, increasing the Exploration Target by up to 190% to between 18 and 32 million tonnes at 0.8% to 1.0% TREO. This growth follows new passive seismic survey results and geological modelling extending mineralisation down to -400 m RL.

Legacy Minerals has confirmed a new gold-silver epithermal mineralised system at its Mascotte Prospect, with assays showing gold grades up to 9.7g/t Au and significant base metals. The discovery lies entirely outside the current 1.2Moz AuEq Mt Carrington resource, opening the door for resource expansion.

Sunshine Metals has kicked off a comprehensive airborne magnetic and radiometric survey at its Sybil Gold Project in Queensland, setting the stage for a drilling program targeting multiple high-grade prospects including the first-ever tests at Francis Creek East.

Barton Gold has increased its Phase 2 drilling at the Tunkillia Gold Project, with interim assays pointing to extensions and higher-grade zones that could boost resource size and project economics.

Valiant Gold’s maiden drilling at South Emu-Triton confirms significant gold mineralisation extending approximately 400 metres below the existing resource, highlighting potential for near-term resource growth and advancing mine planning.