Latest Resource Upgrade News

Cannindah Resources continues to push the boundaries of its Cannindah Breccia copper-gold deposit with new drilling extending the Southern Shoot and revealing wider, higher-grade zones in both Southern and Northern Shoots, setting the stage for a significant resource upgrade later this year.

Barton Gold has secured $25.9 million through an institutional placement, fully funding critical resource upgrades, feasibility studies, and drilling at its key South Australian gold and silver projects.

Kuniko Limited, Impact Minerals’ JV partner, is set to begin Phase 2 diamond drilling in early July 2026 at the Commonwealth-Silica Hill Gold-Silver Project in NSW, targeting extensions to recently discovered high-grade mineralisation.

Elevate Uranium has boosted the Marenica Uranium Project's Mineral Resource by 31% to 52.8 million pounds of U3O8, building on a recent doubling of grade. Ongoing infill drilling and pilot plant processing underpin advancing feasibility studies.

Diatreme Resources has finalised the sale of its Cape Flattery Silica Project to a joint venture with Sibelco, receiving $2.1 million in reimbursements and positioning for up to $7.4 million in total funding.

Sunshine Metals has agreed to sell its Hodgkinson Project to EQ Resources for $250,000, freeing up capital and management bandwidth to accelerate gold production at Mt Moss and exploration at Sybil.

Kuniko Limited is set to kick off Phase 2 diamond drilling at its Commonwealth–Silica Hill Project in early July 2026, aiming to extend mineralisation and deliver a resource upgrade by year-end. The move follows a successful Phase 1 campaign that intersected mineralisation in all holes and unveiled a significant new zone at Silica Hill.

Minerals 260 continues to hit high-grade gold intercepts at its Bullabulling Project, underpinning resource upgrades and advancing production readiness ahead of key feasibility milestones.

McLaren Minerals is launching a 19-hole drilling campaign targeting a newly identified Eastern Shoreline at its McLaren Titanium Project, aiming to unlock an older mineralised sequence that could expand the resource base.

Bellavista Resources kicks off a major drilling campaign targeting a shallow 1 million ounce portion of its 2.8 million ounce gold resource at Pickle Crow, Canada, aiming to unlock open pit mining opportunities amid soaring gold prices.

Yandal Resources (ASX:YRL) has reported significant new gold intercepts at its Arrakis Prospect, confirming continuity and high-grade zones, while diamond drilling at Flushing Meadows reveals promising fresh rock mineralisation below the existing 268,000-ounce resource.

Advance Metals Limited’s first diamond drill hole at the Gavilanes Project in Mexico has intersected a substantial high-grade silver zone, reinforcing plans for a JORC resource upgrade later in 2026 amid ongoing drilling.