Latest Resource Upgrades News

Pacgold Limited announces acquisition and phased restart of the White Dam gold project, targeting near-term production and resource expansion with a $12.4 million funding plan.

Melbana Energy has significantly upgraded its prospective resource estimates for the AC/P70 offshore permit, boosting gas and oil volumes and advancing the Hadrosaurus lead to prospect status, while progressing a farmout process to fund exploration.

Savannah Goldfields Limited has announced a significant 220% increase in the gold resource at its Jubilee Plunger Deposit, part of the Georgetown Project in Far North Queensland, marking a key step towards resuming gold production.

Podium Minerals has initiated a fully underwritten entitlement offer to raise approximately A$7 million, aiming to fund pilot plant testing and resource expansion at its Parks Reef PGM Project. The offer invites eligible shareholders to acquire new shares at 6.4 cents each, reinforcing Podium’s growth trajectory amid rising platinum group metal prices.

Gorilla Gold announces strategic leadership hires and an employee incentive scheme tied to ambitious resource growth targets, alongside significant high-grade gold discoveries extending the Lakeview deposit at Comet Vale.

White Cliff Minerals has reported significant new high-grade copper and silver intersections from its 2025 summer drilling at the Danvers prospect, expanding mineralisation beyond historic boundaries at the Rae Copper Project in Nunavut.

FireFly Metals reports exceptional high-grade copper and gold drill results from its Green Bay Project in Canada, setting the stage for a significant Mineral Resource Estimate update this quarter.

Larvotto Resources reports strong high-grade gold and antimony intercepts from its Eleanora-Garibaldi drilling program, setting the stage for a Mineral Resource and Reserve update at its Hillgrove project in NSW.

Broken Hill Mines has commenced mining and processing of the high-grade Blackwoods ore body at its Rasp Mine ahead of schedule, boosting exposure to precious metals amid soaring silver prices.

Dundas Minerals has raised $1.1 million through a discounted share placement to fund ongoing gold exploration in Western Australia, alongside appointing a new Company Secretary to strengthen corporate governance.

Capstone Copper reports promising Phase 1 drilling outcomes at its Mantoverde mine in Chile, revealing higher-than-expected copper grades and confirming mineral continuity. The company plans an ambitious Phase 2 drill program targeting resource growth in the northern corridor.

Saturn Metals has upgraded its Apollo Hill gold resource to 2.24 million ounces with 82% now in higher-confidence categories, while successfully raising $45 million to advance development.