Latest Resource Upgrade News

Iluka Resources has reported a significant 19% increase in heavy mineral tonnage at its WIM100 deposit in western Victoria, enhancing the resource confidence and supporting its rare earths supply ambitions for the Eneabba refinery.

Revolver Resources has significantly upgraded the Dianne Copper Mine Project’s resource base and outlined robust economics for a mining restart, targeting first copper cathode production by late 2026.

GoldArc Resources has identified multiple high-priority gold targets at its Leonora projects and secured strategic partnerships to accelerate mining development, backed by a $2.5 million cash advance facility.

Melbana Energy’s Q4 2025 report reveals a complex quarter with drilling setbacks in Cuba due to partner payment issues, alongside significant resource upgrades offshore Australia.

Godolphin Resources has delivered a major upgrade to its Lewis Ponds project, increasing gold and silver resources significantly while confirming promising expansion targets. The company also raised $1.68 million to fund further development.

TG Metals Limited has reported strong drilling results at its Van Uden Gold Project and maiden drilling success at Gold City, setting the stage for an updated Mineral Resource Estimate in early 2026.

Evergold Minerals has secured 100% ownership of the Randwick Tenements in Western Australia's Leonora Goldfields, adding significant exploration ground with minimal upfront cost. This strategic move enhances their position in a historically rich gold region with promising potential.

Axel REE Limited reports a remarkable 145% increase in rare earth elements and 339% gallium resource growth at its Caladão Project, alongside a metallurgical breakthrough that could slash development costs through in-situ leaching.

American Rare Earths has successfully produced Mixed Rare Earths Oxide from its Halleck Creek ore, marking a key technical milestone. The company also updated its resource estimate and strengthened leadership as it advances towards becoming a major U.S. rare earths supplier.

Emerald Resources NL has announced a significant update to its Dingo Range Gold Project in Western Australia, increasing its mineral resource to 1.41 million ounces of gold and securing full mining permits ahead of planned development in 2026.

Sunshine Metals has reported outstanding near-surface gold and silver intercepts from its ongoing drilling at the Liontown deposit, signalling a potential upgrade to its resource and mining plans.

Venus Metals Corporation has announced a significant JORC 2012 compliant Exploration Target for zinc and indium at its Youanmi Base Metals Project, with plans for extensive drilling in 2026 to advance the project.