Latest Resource Upgrade News

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Paterson Resources has reported promising geochemical test results from its Grace Gold Project, indicating high gold recoveries using conventional cyanide leach methods. These findings support the project's potential for efficient gold extraction and resource upgrading.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Clara Resources is gearing up for a pivotal drilling campaign at its Ashford Coking Coal Project while successfully raising $1.245 million through an entitlement offer and placement. The company also navigates significant board changes and continues exploration at its Kildanga Nickel/Cobalt project.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Minerals 260 Limited has completed a transformative $220 million capital raise alongside acquiring the Bullabulling Gold Project, positioning itself as a significant gold developer with a 2.3 million ounce resource. The company has launched an extensive 80,000-metre drilling program to unlock further resource potential.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Cyprium Metals completed a A$15 million capital raise and formed a strategic alliance with Macmahon to accelerate the restart of its Nifty Copper Complex, while upgrading its Maroochydore copper-cobalt resource.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Turaco Gold reports significant improvements in gold recoveries across its Afema Project deposits, setting the stage for a material resource upgrade and advancing towards a Pre-Feasibility Study.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Legacy Minerals has significantly upgraded its Drake Project resource to 0.8 million ounces gold-equivalent and reported a robust Stage 1 Scoping Study, setting the stage for potential production growth. Exploration momentum continues across its NSW portfolio with ongoing drilling and geophysical surveys.
Maxwell Dee
Maxwell Dee
30 Apr 2025
QMines Limited reports a 42% increase in Indicated resources at Develin Creek following maiden drilling, completes a $4 million capital raise, and moves to acquire the Mount Mackenzie gold-silver project, signaling a strategic expansion in Queensland.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Sunshine Metals has made significant progress at its Ravenswood Consolidated Project with encouraging drilling results on shallow oxide gold targets and new gold-copper prospects, supported by a $3 million placement to fund further exploration.
Maxwell Dee
Maxwell Dee
30 Apr 2025
GBM Resources reports promising gold anomalism from Newmont’s initial 5,499m air core drilling at the Mt Coolon Project, advancing a key farm-in milestone and setting the stage for expanded exploration in 2025.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Rumble Resources advances its Western Queen Gold-Tungsten Project towards late 2025 production through a joint venture with Bain Global and MEGA Resources, while reporting significant high-grade gold and tungsten assay results. The company also expands its portfolio by acquiring 100% of the Thunderstorm Gold Project and initiates a scoping study on the Earaheedy Zinc-Lead-Silver Project.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Astral Resources has updated its Mandilla Gold Project resource to 1.43 million ounces and completed the acquisition of Maximus Resources, positioning itself for a major development milestone with a Pre-Feasibility Study due in June 2025.
Maxwell Dee
Maxwell Dee
30 Apr 2025
FireFly Metals reports robust March quarter results, highlighting significant drilling success at its Green Bay Copper-Gold Project and a well-funded position to advance large-scale mining studies.
Maxwell Dee
Maxwell Dee
30 Apr 2025