Latest Resource Upgrades News

Anson Resources reveals a 46% increase in effective porosity from historical core analysis at its Green River Lithium Project, alongside strong Drill Stem Test results that underpin an upcoming resource upgrade.

West Cobar Metals has revealed a significant uplift in antimony grades at its Bulla Park deposit after reanalysing drill core with peroxide fusion digest, suggesting the deposit's contained metal and economic potential may be materially higher than previously reported.

Podium Minerals has wrapped up a major drilling campaign at its Parks Reef PGM Project, delivering key bulk samples for ongoing metallurgical testing that builds on recent high-grade concentrator success.

American Uranium (ASX:AMU) has kicked off a $2.58 million pro rata rights issue at a 3.1% discount to fund expansion drilling and technical studies at its flagship Lo Herma ISR Uranium Project ahead of a Q3 scoping study.

European Resources Limited has more than doubled the inferred resource at its Korsnäs rare earth elements project in Finland to 15.4 million tonnes at 1.00% total rare earth oxides, driven by new drilling, re-assaying of historical core, and a refined geological model.

Solstice Minerals has reported standout Phase 1 drilling at its Nanadie Copper-Gold Project, highlighting wide, high-grade intercepts that surpass current resource grades. Supported by a $32.6 million placement, the company is accelerating Phase 2 drilling to expand this promising WA copper-gold system.

TG Metals Limited has unveiled a major Mineral Resource Estimate upgrade for its Van Uden Gold Project, with Indicated gold ounces surging 120% to 152,600 oz and total pit constrained resources reaching 270,800 oz at 1.06 g/t Au. This marks a significant step in advancing the project towards near-term production.

American Uranium has completed a A$2.64 million placement by issuing 22 million shares at A$0.12 each, aiming to fund drilling and technical studies at its Wyoming uranium projects.

Stellar Resources has pushed its Heemskirk Tin Project closer to development readiness, reporting a 41% increase in the Queen Hill resource and uncovering new high-grade tin mineralisation below the Severn deposit. The company also secured a key tailings facility agreement and maintains a strong cash position amid volatile tin prices.

Sovereign Metals has delivered a definitive feasibility study (DFS) for its Kasiya Rutile-Graphite Project in Malawi, revealing robust economics, a 25-year mine life, and the potential to become the world’s largest producer of natural rutile and flake graphite, both critical minerals for Western supply chains.

GoldArc Resources has locked in a binding agreement with Mineral Mining Services to fully fund the development of its Leonora South gold deposits, removing capital barriers and setting a clear path to production.

Asara Resources (ASX:AS1) is pushing ahead at its Kada Gold Project in Guinea’s prolific Siguiri Basin, boasting a 923,000-ounce gold resource and launching expansive 2026 drilling campaigns aimed at significantly growing both Indicated and Inferred categories.