Latest Resource Upgrades News

Carnavale Resources has reported exceptional metallurgical results for its Kookynie Gold Project, with gold recoveries between 98% and 99% across all ore types, underpinning the project's economic viability and toll treatment prospects.

Yari Resources is set to double its coal resources in Queensland’s Bowen Basin through the acquisition of the Arcadia Coal Project, complementing its Rolleston South asset and advancing a district-scale consolidation strategy.

FireFly Metals has delivered a fresh wave of high-grade copper and gold drilling results at its Green Bay project in Canada, setting the stage for an updated Mineral Resource Estimate and a Preliminary Economic Assessment due by the end of August 2026.

Anson Resources has secured 1,175 acres of mineral rights from Utah’s FFSL, boosting its Green River Lithium Project and setting the stage for a resource upgrade and feasibility study.

Sun Silver Limited’s latest drilling at the Maverick Silver Project in Nevada confirms extensive high-grade silver, gold, and antimony mineralisation beyond its current resource estimate, validating its geological model and underpinning resource growth ambitions.

Encounter Resources has significantly extended the shallow, high-grade niobium mineralisation at its Emily deposit and confirmed thick, high-grade zones at Green within the Aileron Project. A 70,000m drilling campaign is underway, underpinning resource growth and development plans.

Patronus Resources (ASX:PTN) is executing a major 30,000-metre multi-rig drilling campaign at its Pine Creek gold project, underpinning a 2.3 million ounce gold equivalent resource across its Northern Territory and Western Australia assets, supported by a robust $65 million cash position.

Terrain Minerals has released a maiden inferred mineral resource estimate at its Lightning Gold Project alongside advancing multiple critical and precious metals projects across Western Australia and Queensland.

LE Minerals (ASX:LEL) reported a strong $60.4 million cash reserve as it progresses a $20 million sale and spin-out of its Queensland graphite assets to M Battery Materials. Meanwhile, exploration at its Capricorn Gold-Copper Belt and White Plains Lithium projects continues with mixed early results.

Paterson Resources has boosted its Inferred Mineral Resource Estimate at the Grace Gold Project to 200,000 ounces, revealing shallow, high-grade gold mineralisation with strong open cut potential.

Raptor Metals has confirmed a significant stacked copper-rich VMS system at its Chester Project through maiden drilling, while expanding its footprint with key acquisitions in the Bathurst Mining Camp.

Impact Minerals pushes its Lake Hope High Purity Alumina project into pilot production while its JV partner Kuniko hits mineralisation in every hole at Commonwealth, discovering new high-grade extensions.