Latest Resource Upgrades News

Panther Metals has advanced its Burtville East Gold Project with a robust scoping study and secured $817,000 in funding to support further drilling and a strategic review of its nickel-cobalt assets.

McLaren Minerals has completed a pivotal Pre-Feasibility Study for its McLaren Titanium Project, confirming a large-scale resource and robust economics, while also acquiring a zircon-rich asset to diversify its portfolio.

Orbminco Limited has completed its acquisition of the Majestic North Gold Project and initiated an infill drilling program to boost resource confidence. The company also refreshed its leadership with new technical and board appointments as it charts a strategic path forward.

Kalamazoo Resources has reported a significant upgrade to its Mt Olympus underground gold resource alongside a robust scoping study and the commencement of a pre-feasibility study, supported by an $8 million capital raise.

Paterson Resources has completed the first phase of an extensive drilling campaign at its Grace Gold-Copper Project, raising $752,000 through a rights issue to fund further exploration and resource upgrades.

Aldoro Resources has ramped up its Kameelburg REE-Niobium drilling program with a new rig acquisition and strategic partnerships, while withdrawing a key asset sale to Sultan Resources. Exploration at Omuronga continues to show promise.

Zuleika Gold has resolved its long-running litigation with Catalyst Metals, receiving $46 million in cash and shares, with a further $2 million due soon. The company also upgraded its gold resources significantly, positioning itself for aggressive development and exploration.

Norfolk Metals has completed Phase #1 of its maiden drilling campaign at the Carmen Copper Project, confirming significant higher-grade copper mineralisation and securing $2.1 million in fresh capital to advance exploration.

Great Boulder Resources has hit a major milestone with a 1.02 million ounce gold resource at its Side Well project, backed by a record 34,000 metres of drilling in the December quarter. The company’s strong cash position and ongoing exploration signal further growth potential.

Clara Resources has progressed its Ashford Coking Coal Project with a planned drilling program and completed a $1.587 million capital raise, while moving to acquire a promising gold project in Far North Queensland.

Alma Metals has reported its most extensive and highest-grade copper intersections to date from the Briggs Copper JV Project, prompting a swift move to prefeasibility studies. The company also strengthened its balance sheet with a $2.1 million capital raise.

Atomic Eagle Limited has announced a substantial uranium exploration target at its Muntanga Project in Zambia, supported by promising drilling results that suggest significant resource expansion potential.