Latest Resource Upgrades News

Alicanto Minerals has acquired the Mt Henry Gold Project in Western Australia, boasting nearly 900,000 ounces of shallow, high-grade gold resources. The company is set to initiate a substantial $28 million equity raise to fund an extensive 50,000-metre drilling campaign aimed at rapidly expanding the resource base.

Horizon Minerals reports spectacular ultra high-grade gold drill results from its Phase 1 program at the Burbanks project, confirming significant resource expansion potential. The ongoing 30,000m drilling campaign aims to upgrade and grow the existing Mineral Resource Estimate.

GreenTech Metals has initiated a Phase 1 drilling program at its Munni Munni project in Western Australia, aiming to upgrade a significant historical platinum group element resource to current compliance standards and explore expansion opportunities.

Marmota Limited has successfully completed an expanded Stage 2 drilling program at its Greenewood gold discovery, pushing total drilling beyond 25,000 metres in under six months. The program continues to reveal high-grade gold intersections, reinforcing Greenewood’s status as a major new find in South Australia’s Gawler Craton.

Encounter Resources reports significant extensions of shallow, high-grade niobium mineralisation east of its Green Mineral Resource Estimate at the Aileron Project, with promising drill results and a major development program planned for 2026.

Paterson Resources has wrapped up the first phase of its drilling campaign at the Grace Gold-Copper Project, setting the stage for a resource upgrade and scoping study in 2026.

Barton Gold Holdings has reported promising shallow, high-grade gold assay results from its Tunkillia project, reinforcing projections of $1.3 billion operating profit in the first 2.5 years. The company is on track for a resource upgrade and further drilling to refine its development plans.

Western Yilgarn NL has secured critical access rights for its Cardea 2 Bauxite Project, enabling immediate fieldwork, while simultaneously initiating ground exploration at the Ida Holmes Junction Project targeting key critical minerals.

Godolphin Resources has significantly upgraded its Lewis Ponds deposit, increasing total tonnage by 78% and gold content by 34%, setting the stage for an upcoming scoping study.

Future Metals NL has completed strategic planning that enhances its flagship Panton PGM Project’s value, driven by a 35% rise in platinum group metal prices and expanded exploration programs. The company is also advancing infrastructure options and strengthening its management team to accelerate development.

Gorilla Gold has announced a transformative 900% increase in the Mineral Resource Estimate at its Comet Vale Gold Project in Western Australia, now boasting 0.86 million ounces at a robust 3.7 grams per tonne. This milestone significantly bolsters the company’s high-grade gold portfolio across the region.

Global Uranium and Enrichment Limited has reported robust drilling outcomes from its Pine Ridge Uranium Project in Wyoming, reinforcing its potential as a significant in-situ recovery uranium resource in a key US basin.