Latest Resource Upgrades News

Charger Metals has confirmed significant extensions to spodumene mineralisation at its Medcalf project, with drilling pushing lithium-bearing pegmatites to 600-700m depth and along strike. The company anticipates a substantial resource upgrade following assay results due in the coming weeks.

Cobre Limited has kicked off a major 40,000-metre drilling campaign at its Sierra Atacama copper project in Chile, aiming to convert its existing NI 43-101 resource to JORC compliance and explore opportunities for a larger open-pit operation.

Lode Resources has identified promising high-grade tin mineralisation at its newly acquired Silver Hills Project near Waratah, Tasmania, with assays up to 3.64% tin from historical waste dumps. This discovery complements its existing Granville Tin Project and expands its critical minerals footprint in Tasmania’s West Coast mining district.

Elevate Uranium announces a maiden Inferred Mineral Resource of 10.1 million pounds U3O8 at Namib IV, boosting the Koppies Project resource to 76.2 Mlb and Namibia’s total uranium inventory to 106.4 Mlb. The deposit remains open for expansion amid ongoing drilling and proprietary processing developments.

GoldArc Resources is pushing aggressively towards near-term production at its Leonora Gold Project, leveraging over 24,000m of recent drilling and strategic partnerships that cover development costs. The company aims to start mining by late 2026, backed by a 200,000oz JORC resource and a seasoned technical team.

Tennant Minerals has intersected a thick zone of intense copper-gold-bismuth mineralisation at its Bluebird discovery, extending the high-grade resource footprint and underpinning plans for further exploration and metallurgical testing.

Truscott Mining’s maiden 2026 drilling at Westminster confirms shear-hosted gold mineralisation and sets the stage for diamond drilling and resource upgrades. Management changes and mining lease applications signal a push towards production.

Prospect Resources has revealed significant new gold assay results from Nyungu Central, part of its Mumbezhi Copper Project in Zambia, confirming gold's broad presence alongside copper and cobalt. This discovery could materially improve project economics through valuable by-product credits.

Legacy Iron Ore has boosted its Mt Celia gold resource by over half, now holding 390,150 ounces, underpinning its ongoing heap leach pre-feasibility study and signaling potential for further growth.

Southern Hemisphere Mining and partner FMR Resources have reported broad gold-copper-molybdenum mineralisation at the Southern Porphyry target in Chile, confirming a large porphyry system. Despite fertile intrusive phases intersected, the mineralised core remains elusive, setting the stage for targeted Phase II drilling.

Eclipse Metals’ 2025 drilling at Grønnedal reveals broad rare earth mineralisation from surface, with multiple zones exceeding 1% TREO and a strong Nd-Pr magnet rare earth profile, reinforcing the project’s strategic importance.

Stavely Minerals has locked in A$4 million through a heavily oversubscribed placement, backing its upcoming Thursday’s Gossan Scoping Study and exploration programs. The raise underscores investor confidence ahead of key milestones.