Latest Resource Upgrades News

Prospect Resources has completed key diamond and aircore drilling at its Mumbezhi Copper Project, uncovering new copper mineralisation zones and progressing a Scoping Study on schedule.

Asara Resources has reported robust drilling results at its Massan deposit in Guinea, confirming broad gold mineralisation and identifying a new zone 700m south of the core deposit, underpinning plans to grow and upgrade its resource.

Odyssey Gold has lifted the Cable Deposit resource at Tuckanarra to 158,000 ounces of gold, with a significant upgrade in confidence ahead of its Stage 1 Scoping Study, underpinning its development ambitions in Western Australia’s Murchison Goldfields.

Kalamazoo Resources has completed a substantial drilling program at its Mt Olympus deposit, delivering high-grade gold intersections that bolster confidence ahead of an updated Mineral Resource Estimate and ongoing Pre-Feasibility Study.

Torque Metals has significantly expanded its Paris Gold Project resource, reporting a 67% jump in contained gold ounces to 253,000 oz at a robust 3.8 g/t grade, underpinning an aggressive growth strategy targeting a million-ounce resource within two years.

Andean Silver Limited has delivered exceptional high-grade drilling results at its Cerro Bayo Silver-Gold Project in Chile, including a standout intercept of 268g/t gold and 3,045g/t silver over 1.4m at the Trinidad vein. The company is advancing resource upgrades and preparing for the first district-wide drilling campaign in two decades.

Odyssey Gold’s latest drilling at its Cable deposit within the Tuckanarra Project confirms high-grade gold continuity and resource expansion potential, underpinning its staged development strategy.

Iltani Resources has reported robust assay results from 11 recent drill holes at its Orient West project, confirming multiple high-grade silver-indium intersections and broad mineralised zones at open pittable depths.

Cobre Limited has achieved a swift operational turnaround at its Sierra Atacama copper mine, generating positive operating cash flow within two months of assuming control. The company targets a significant production ramp-up supported by capital investments and ongoing optimisation.

Barton Gold’s latest Phase 2 drilling at Tunkillia delivers broad, high-grade gold intersections in the southern Area 223 open pit, reinforcing the project’s strong economic potential ahead of a planned Pre-Feasibility Study completion in early 2027.

Patagonia Lithium has reached 38 metres in drilling Well 8 at its Cilon project in Argentina, with encouraging early core porosity and community approvals progressing.

Patronus Resources has hit high-grade gold well below the historical pit at its Tally Ho deposit in the Northern Territory, signalling promising depth extensions and a fresh mineralised zone.