Latest Resource Upgrades News

LinQ Minerals has reported significant high-grade gold intersections extending mineralisation well beyond the Gidginbung open pit, confirming the system remains open for expansion. These results underpin plans for an expanded exploration campaign at the Gilmore Project in New South Wales.

GreenTech Metals Ltd has raised $5.2 million to fund drilling and resource upgrades at its Munni Munni Platinum-Palladium-Copper-Nickel project, aiming to validate and expand one of Australia’s largest undeveloped PGE deposits.

BMG Resources has completed a $2.5 million capital raise to fund major drilling campaigns at its Abercromby and Bullabulling West gold projects in Western Australia, positioning the company for potential resource expansion.

Odyssey Gold’s latest drilling results at the Tuckanarra Project reinforce the Highway Deposit’s high-grade gold potential, aligning closely with the 2024 resource model and supporting an imminent resource upgrade.

Finder Energy has acquired the Petrojarl I FPSO from Amplus Energy for US$15 million, aiming to fast-track its KTJ oil development project with a targeted final investment decision by mid-2026 and first oil by the end of 2027. This move is supported by a two-tranche institutional placement raising A$25 million at a 21.3% discount.

Dateline Resources reports robust gold intercepts from recent drilling at its Colosseum Gold-REE Project in California, exceeding current resource grades and supporting an updated mineral resource estimate and ongoing feasibility study.

Odyssey Gold has reported strong reverse circulation drilling results at its Tuckanarra Project, reinforcing the existing resource model and advancing plans for a resource upgrade. The Highway Deposit continues to demonstrate promising grade continuity and open pit potential.

Zuleika Gold Limited has nearly doubled the mineral resource at its Credo Well Gold Project to 22,500 ounces, with mining lease applications underway and detailed mining studies planned for next year.

FireFly Metals has announced a significant upgrade to its Green Bay Copper-Gold Project resource, alongside a A$139.5 million equity raise to fund ongoing drilling and development. The company is poised for rapid growth in a tier-one mining jurisdiction with strong infrastructure and exploration upside.

Unico Silver Limited has reported strong high-grade silver and gold assay results from infill drilling at its Joaquin Project in Argentina, confirming mineralisation continuity and expansion. These results underpin the company’s ongoing feasibility study and resource upgrade plans.

Brightstar Resources has completed its largest-ever ore processing campaign from its Laverton underground mines, recovering approximately 6,300 ounces of gold. The company also discovered a high-grade extension at the Second Fortune mine, potentially reshaping its production outlook.

ADX Energy has reported a significant 31% increase in its prospective gas resources for the Sicily Channel offshore permit, driven by new data from nearby fields and historic wells.