Latest Resource Upgrade News

Encounter Resources is aggressively advancing its Aileron niobium project in Western Australia with a comprehensive 70,000-metre drilling campaign and a Mining Lease application, underpinning its push toward development.

TG Metals has expanded the Van Uden gold resource by 1.8km to a total strike of 4.3km, revealing significant high-grade gold intercepts and advancing a near-term heap leach opportunity supported by promising laterite drilling.

Tesoro Gold’s latest infill drilling at the Ternera deposit confirms strong continuity and grade, setting the stage for a maiden Ore Reserve. The company now pivots to a 12,000m discovery campaign along its extensive El Zorro gold corridor in Chile.

Dreadnought Resources has identified three extensive gold trends at Illaara’s CRA Homestead target, with follow-up infill drilling set to sharpen the picture of this emerging system.

Mt Malcolm Mines has successfully closed a $1.04 million rights issue, securing capital to advance a processing plant feasibility study and exploration at its Malcolm Gold Project in Western Australia.

Yari Resources has outlined a bold strategy to expand its Rolleston South coal project into a district-scale powerhouse, aiming to build over 500 million tonnes of coal resources through acquisitions and joint ventures.

Killi Resources has agreed to acquire an 80% interest in the Lodestone Iron Ore Project, boasting a 110Mt inferred resource with premium 69% Fe concentrate, backed by a $15 million capital raise.

Patagonia Lithium has locked in A$3.4 million through a placement priced at 10 cents per share, attaching options exercisable at 16 cents. The capital injection aims to fund further drilling, resource upgrades, and a lithium carbonate demonstration plant at its flagship Formentera project.

Iltani Resources has reported robust assay results from the first seven holes of its 110-hole drill program at the Orient Silver-Indium Project, confirming broad, high-grade mineralisation that underpins Australia’s largest known silver-indium deposit.

Forrestania Resources has boosted its Lady Lyla gold deposit resource to 41,700 ounces at a higher grade, unveiling a maiden Indicated category that now constitutes the majority of the resource. The update follows a substantial drilling campaign and sets the stage for further development work at the Forrestania Gold Hub in Western Australia.

Titan Minerals has resumed drilling at its Dynasty Gold Project, revealing fresh near-surface gold and silver mineralisation through trenching at Cerro Verde. The project’s March 2026 resource stands at 3.9 million ounces of gold and 26.1 million ounces of silver, with a 10,000m drilling campaign underway and scoping studies progressing.

Mithril Silver and Gold has delivered compelling drilling results at its Copalquin project in Mexico, highlighting significant high-grade gold and silver intercepts that underpin an imminent resource update.