Latest Resource Upgrade News

Chilwa Minerals has more than doubled its Mpyupyu heavy mineral sands resource to 109.6 million tonnes, defined a maiden niobium-rare earths exploration target at Nakombe, and progressed its planned Nasdaq dual listing with the SEC.

Rokeby Resources (ASX: RKB) has secured the high-grade Omeo Gold Project, renewed a key mining licence, and launched a drilling campaign at Sunnyside to upgrade historical gold resources while raising $4.34 million.

Everest Metals has reported strong progress across its Western Australian projects, including maiden and upgraded resource estimates at Revere, Mt Edon, and Mt Dimer, alongside advancing mining and proprietary processing technology.

Far East Gold has boosted its stake in the Idenburg Gold Project to 51%, revealing a 44% increase in inferred gold resources to 780,000 ounces. The company’s Independent Board Committee advises shareholders to reject an unsolicited takeover bid from Xingye Gold, which an expert deems undervalues the company.

Sunshine Metals has reported strong progress at its Queensland projects, highlighted by high-grade drilling results at Liontown, acquisition and planned upgrade of the Mt Moss processing facility, and a strategic divestment of Hodgkinson. The company bolsters its cash position through a $22 million capital raise to fund development and exploration.

Brightstar Resources has greenlit full-scale construction of its Goldfields Project with all key approvals in place, targeting first gold in mid-2027 while boosting its Sandstone resource base to 2.9 million ounces.

McLaren Minerals’ 2026 drilling at its Western Australia titanium project delivers broad, repeatable heavy mineral grades averaging 3.76% over 21 metres from surface, reinforcing resource continuity and advancing feasibility plans.

Anson Resources has dramatically expanded its Green River Lithium Project resource and confirmed robust project economics, while sealing a key agreement with POSCO for a demonstration plant funded by the Korean industrial giant.

Titan Minerals has ramped up drilling at its Dynasty Gold Project, confirming extensions to mineralisation and advancing scoping studies ahead of a resource upgrade targeted for early 2027.

Black Cat Syndicate delivered a transformational FY26, doubling gold output to 90,833oz and generating a record $77M operating cashflow in the June quarter, fully recouping its $106M Paulsens acquisition costs.

Barton Gold has delivered another batch of strong assay results from its Phase 2 drilling at the Tunkillia Gold Project, reinforcing the economic potential of Area 223 and advancing its Pre-Feasibility Study towards a Q1 2027 finish.

Minerals 260’s Pre-Feasibility Study cements Bullabulling’s status as a high-margin, long-life gold mine with a 38% resource upgrade to 6.2Moz and early construction underway.