Latest Resource Upgrade News

Black Canyon Limited reports robust September quarter progress at its Wandanya manganese and iron project, revealing extensive high-grade mineralisation and securing $10 million to accelerate development.

Verity Resources reports strong Phase 1 infill drilling results at its Monument Gold Project, validating geological models and supporting a resource upgrade. Phase 2 drilling is underway to explore further expansion potential.

St George Mining’s latest diamond drilling results at the Araxá Project confirm a significant westward extension of high-grade rare earth and niobium mineralisation, reinforcing the potential for a major resource upgrade.

Meeka Metals reported a robust cash position of A$34 million at the end of September 2025, despite heavy investment in project development and exploration activities during the quarter.

Vulcan Energy has advanced its Phase One Lionheart Project with major German government grants, a strategic capital raise, and a significant lithium resource upgrade, positioning itself as a key player in Europe's EV battery supply chain.

Black Canyon Limited has upgraded the JORC classification of its KR2 manganese deposit to 90% Indicated, enhancing resource confidence and supporting improved mine planning for its Balfour Manganese Field project.

Power Minerals Limited is set to embark on an extensive drilling campaign at its Santa Anna Project in Brazil, aiming to expand high-grade rare earth and niobium mineralisation zones. The program kicks off with 2,000m of reverse circulation drilling in November 2025, paving the way for deeper exploration in 2026.

Anson Resources has initiated a re-entry drilling program at its Mt Fuel-Skyline Geyser well in Utah, aiming to convert exploration targets into JORC-compliant lithium resources by sampling deep lithium-rich brines.

Larvotto Resources reports strong first-pass diamond drilling results at its Blacklode Prospect within the Hillgrove Project, revealing wide zones of high-grade gold and antimony mineralisation. These findings underpin plans for a resource upgrade and signal promising exploration upside near existing infrastructure.

Brightstar Resources has reported strong assay results from its recent diamond drilling at the Yunndaga deposit, reinforcing plans for an underground mine and resource upgrade within the Menzies Gold Project.

Yari Minerals has announced a substantial 140% increase in its JORC Inferred Coal Resource at the Rolleston South Project in Queensland, now totaling 190 million tonnes. The company is actively drilling to upgrade resource confidence and confirm coal quality, positioning itself for future development.

Yari Minerals has begun a targeted drilling campaign at its Rolleston South Coal Project to confirm semi-soft metallurgical coal and upgrade its resource classification, setting the stage for a 2026 scoping study.