Latest Resource Upgrades News

St George Mining reports exceptional high-grade rare earth and niobium mineralisation at its Araxá Project in Brazil, alongside a strategic US partnership and a significant capital raise to fuel expansion.

Paterson Resources has completed a $1.7 million capital raise, positioning itself to launch an 8,500-meter drilling campaign at its Grace Gold-Copper Project in Western Australia’s Paterson Province. This program aims to upgrade the project’s resource classification and support a mining lease application.

Alara Resources has reported a significant production uplift at its Al Wash-hi Majaza mine following the commissioning of two new tailings filter presses, alongside securing the Daris 3A5 mining license and initiating drilling at the Al Mansur Prospect.

Sabre Resources reports significant exploration advances with anomalous rare earth, uranium, and critical metals results across multiple Northern Territory projects, underpinning plans for imminent drill testing.

European Lithium Limited reports robust quarterly progress highlighted by significant share sales raising over A$187 million and exceptional rare earth drilling results at its Greenland Tanbreez Project.

Australian Mines Limited has launched a major diamond drilling program at its Boa Vista Gold Project in Brazil, uncovering a promising new high-grade zone and securing $6.5 million in capital to accelerate exploration.

Anson Resources has inked a key lithium supply deal with LG Energy Solution and made significant progress on its Green River Lithium Project in Utah, backed by a $5 million capital raise.

American West Metals reports robust drilling results at its Storm Copper Project in Canada and renews momentum at its West Desert Project in Utah, supported by a $7 million capital raise to advance critical metals development.

Emperor Energy has secured a significant resource upgrade for its Judith Gas Field and raised $3.7 million to progress the Judith-2 appraisal well, targeting commercial gas supply in a tightening East Coast market.

Clara Resources upgrades the Ashford Coking Coal Project resource classification and raises $1.6 million to fund a critical drilling program, while reviewing strategic options for its Kildanga Nickel/Cobalt asset.

Victory Metals has significantly upgraded its North Stanmore rare earths resource, reporting record dysprosium grades and producing a high-purity rare earth oxide. The company also secured strategic partnerships and $11.5 million in new funding.

Bryah Resources has secured the Golden Pike gold and antimony project in Canada, appointed Greg Hill as CEO, and raised nearly $2 million to fund upcoming drilling and resource upgrades.