Latest Resource Upgrade News

Albion Resources has finalized its acquisition of the Gidgee Gold Project in Western Australia's Gum Creek Greenstone Belt and is gearing up for drilling after receiving soil sampling results.

Canterbury Resources reaffirms its commitment to Central Queensland copper exploration by clarifying details of its acquisition of the Monto Project, highlighting the John Hill deposit’s significant inferred resource and plans for deep drilling in 2026.

Brightstar Resources has intersected visible gold in multiple deep diamond drillholes at Two Mile Hill, part of its Sandstone Gold Project. The drilling extends beyond 550m depth, underpinning plans for an underground mining study in the pre-feasibility study due later this year.

Sunshine Metals has secured $7.7 million through an oversubscribed Share Purchase Plan, exceeding its $3 million target, to fund the Mt Moss processing facility acquisition and Liontown mine start-up.

Patagonia Lithium's latest passive seismic survey at the Formentera Lithium Project has uncovered basement depths up to 800m, doubling previous drilling depths and suggesting expanded lithium brine volumes. Ongoing pump tests confirm strong aquifer flow, underpinning an imminent resource upgrade.

Pacgold has restarted drilling at its Vertigo deposit and begun irrigating 100,000 tonnes of re-crushed material at White Dam, aiming to accelerate production restart and resource growth.

Forrestania Resources has delivered a strong set of high-grade gold drill results from its Lady Lila Gold Project, reinforcing the resource base within a granted mining lease in Western Australia.

Barton Gold reports standout high-grade assays from Phase 2 drilling at Tunkillia’s Area 51, highlighting potential resource growth and open pit extensions that could extend mine life and underpin a Pre-Feasibility Study by year-end.

Minrex Resources is set to ramp up its flagship Tlamino Gold Project in Serbia with a fully funded 7,000m drilling program aimed at upgrading its resource classification and refreshing project economics in a dramatically improved metals price environment.

Kuniko Limited has wrapped its Phase 1 diamond drilling at the Commonwealth-Silica Hill project in NSW, revealing robust gold, silver, and base metal grades. The company is gearing up for a more expansive Phase 2 drilling campaign starting in July to test extensions and new targets within this prolific polymetallic system.

WIN Metals has completed its acquisition of the fully permitted Princess Royal Gold Mine, adding high-grade ounces and promising satellite prospects to its Radio Gold Project in Western Australia.

Lithium Energy is selling its Queensland graphite projects for $20 million to M Battery Materials, which plans an ASX listing focused on battery minerals. Shareholders may receive MBM shares in-specie, gaining direct exposure to a growing battery materials platform.