Latest Resource Upgrades News

Verity Resources reports strong and consistent gold assay results from its Phase 2 drilling at the Monument Gold Project, bolstering confidence in the Korong deposit and underpinning plans to upgrade the resource.

St George Mining has extended its strategic alliance with US rare earths processor REalloys to finalise potential offtake agreements for high-grade rare earths from the Araxá Project in Brazil. This move aligns with US efforts to build independent rare earth supply chains critical for defence and green technologies.

Barton Gold Holdings reports final Phase 1 drilling results from its Tunkillia Gold Project, revealing shallow, high-grade gold intersections that underpin a $1.3 billion operating profit forecast. The company is set to commence Phase 2 drilling and advance towards a Mining Lease application in 2026.

American West Metals has announced a significant upgrade to its Storm Copper Project resource, boosting contained copper by 20% and silver by 36%, with a Pre-feasibility Study due in Q1 2026.

Advance Metals has discovered a new shallow, high-grade gold vein structure near the historic Happy Valley Deposit in Victoria, with drill results confirming visible gold and assays up to 66.7g/t Au.

PC Gold Limited has reported impressive high-grade gold intersections and extensive visible gold in its latest drilling campaign at the Spring Hill Gold Project, signalling strong potential for resource upgrade and expansion.

Nico Resources has completed a heavily oversubscribed $3.73 million placement to fund exploration and development at its flagship Wingellina nickel-cobalt project. The capital raise underscores strong institutional confidence in the project’s long-term potential.

VBX Limited reports a significant 51% increase in the Measured and Indicated Mineral Resource Estimate for its Wuudagu B and C plateaus, setting the stage for a longer mine life and enhanced project economics.

Strickland Metals has reported robust diamond drilling results from its 5.3Moz AuEq Shanac Deposit in Serbia, highlighting both wide and high-grade mineralised zones. These findings set the stage for an updated resource estimate expected this quarter.

Adavale Resources has reported its best-ever gold intercepts from the London-Victoria mine, signalling strong potential for a significant resource upgrade. With further assay results pending and Phase 3 drilling imminent, the company’s exploration momentum is building.

LinQ Minerals reports consistent high-grade gold and copper mineralisation over a 300m strike at its Dam deposit, with further drilling planned to expand the resource.

St George Mining reports outstanding new drill results from its Araxá Rare Earths and Niobium Project, revealing thick, high-grade mineralisation beyond the current resource boundary. These findings underpin a significant resource upgrade and bolster the project's economic prospects.