Latest Resource Upgrade News

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Ardea Resources has completed a major infill drilling campaign at its Goongarrie South deposit, confirming premium nickel-cobalt-scandium mineralisation that underpins its Definitive Feasibility Study. The results reinforce the project’s position as Australia’s largest nickel-cobalt resource.
Maxwell Dee
Maxwell Dee
22 Sept 2025
QMines Limited has launched a significant 5,000m drilling campaign at its Mount Mackenzie gold and silver project, aiming to unlock substantial resource growth potential following a recent resource upgrade.
Maxwell Dee
Maxwell Dee
18 Sept 2025
Barton Gold has launched an 18,000m drilling campaign at its Tunkillia project to upgrade mineral resources and fast-track a mining lease application by 2026, targeting robust early cash flows from high-value starter pits.
Maxwell Dee
Maxwell Dee
18 Sept 2025
Prospect Resources has reported significant new copper assay results from its Phase 2 drilling at the Kabikupa deposit, extending mineralisation beyond 1km and confirming zones closer to surface and at depth. These findings bolster the Mumbezhi Copper Project’s resource potential ahead of an updated estimate due in Q4 2025.
Maxwell Dee
Maxwell Dee
18 Sept 2025
PVW Resources has secured a binding agreement to acquire three promising gold and silver projects in Nevada and Idaho, alongside a $2.5 million capital raise to fund exploration. The move positions PVW to tap into underexplored US gold districts with historical resources and experienced leadership.
Maxwell Dee
Maxwell Dee
17 Sept 2025
Strata Minerals Limited has secured an option to acquire the Zelica Gold Project in Western Australia, featuring a historical 30,000-ounce gold resource and existing mining infrastructure. The company plans to upgrade the resource and explore near-term extraction opportunities.
Maxwell Dee
Maxwell Dee
17 Sept 2025
Cygnus Metals reports a substantial 78% increase in Measured and Indicated resources at its Chibougamau Copper-Gold Project, highlighted by the initial resource estimate for the new Golden Eye deposit. This milestone underpins an updated economic study amid rising commodity prices.
Maxwell Dee
Maxwell Dee
17 Sept 2025
Audalia Limited has announced a significant update to its Medcalf Titanium-Vanadium Project Mineral Resource Estimate, increasing the Indicated category by 35% and setting the stage for Ore Reserve calculations.
Maxwell Dee
Maxwell Dee
17 Sept 2025
Norwest Minerals has confirmed significant down-dip and along-strike gold extensions at its Bulgera project following Phase 1 drilling, setting the stage for a resource upgrade and further exploration.
Maxwell Dee
Maxwell Dee
17 Sept 2025
Verity Resources has launched its Phase 2 drilling campaign at the Monument Gold Project, aiming to upgrade and expand its 154,000-ounce inferred gold resource in Western Australia’s Laverton Goldfields.
Maxwell Dee
Maxwell Dee
16 Sept 2025
Brightstar Resources reports underground mining operations at its Laverton Hub are significantly ahead of schedule, targeting a +50% quarter-on-quarter production increase in the September quarter. The Fish Mine has turned cash flow positive, underpinning a robust growth outlook.
Maxwell Dee
Maxwell Dee
16 Sept 2025
Magnetic Resources NL has secured all necessary mining leases for its Lady Julie Gold Project, marking a critical step towards production. Supported by a robust feasibility study and a recent resource upgrade, the project is now development-ready.
Maxwell Dee
Maxwell Dee
16 Sept 2025