Latest Resource Upgrades News

Elementos Limited has confirmed significant extensions of tungsten and rubidium mineralisation at its Cleveland Tin Project, with new assay results from historic drill core set to feed into an updated resource estimate due next month.

Verity Resources has reported outstanding metallurgical test results from its Korong deposit, achieving an average gold recovery of 92.75%, reinforcing confidence in the Monument Gold Project’s pathway to mining.

Tambourah Metals has identified two promising gold targets at its Beatty Park South prospect through advanced geophysical and soil sampling techniques, setting the stage for imminent drilling campaigns.

GBM Resources has reported significant high-grade gold assay results from its Stage 1 drilling at the 309 deposit within the Twin Hills Gold Project, revealing mineralisation beyond the current resource estimate and setting the stage for expanded drilling.

Cannindah Resources has pinpointed a promising high-grade copper-gold target in the under-drilled southern section of its Cannindah Breccia resource, with a new drilling campaign set to begin shortly.

Kingston Resources reported a 14% increase in quarterly revenue to $18.1 million despite a geotechnical setback, while underground mining development gains momentum and resource estimates grow by 29%.

PC Gold Limited reports promising high-grade gold intersections and extensive visible gold in recent drilling at its Spring Hill Gold Project, setting the stage for a significant resource upgrade.

Argent Minerals has announced a significant new high-grade silver discovery at its Kempfield NW Prospect in NSW, extending mineralisation beyond the current resource boundary. The discovery highlights strong potential for resource growth and development at one of Australia’s premier silver-polymetallic projects.

Verity Resources reports strong and consistent gold assay results from its Phase 2 drilling at the Monument Gold Project, bolstering confidence in the Korong deposit and underpinning plans to upgrade the resource.

St George Mining has extended its strategic alliance with US rare earths processor REalloys to finalise potential offtake agreements for high-grade rare earths from the Araxá Project in Brazil. This move aligns with US efforts to build independent rare earth supply chains critical for defence and green technologies.

Barton Gold Holdings reports final Phase 1 drilling results from its Tunkillia Gold Project, revealing shallow, high-grade gold intersections that underpin a $1.3 billion operating profit forecast. The company is set to commence Phase 2 drilling and advance towards a Mining Lease application in 2026.

American West Metals has announced a significant upgrade to its Storm Copper Project resource, boosting contained copper by 20% and silver by 36%, with a Pre-feasibility Study due in Q1 2026.