Latest Resource Upgrades News

Verity Resources reports robust Phase 1 drilling results at its Monument Gold Project, secures full ownership of Botswana copper-silver assets, and confirms significant rare earth mineralisation in Brazil, underpinning its growth strategy.

Barton Gold Holdings has advanced its South Australian gold assets with key drilling upgrades, a low-cost mill restart feasibility study, and a $15 million equity placement led by Franklin Templeton. The company is poised to transition from explorer to producer by late 2026.

Venus Metals Corporation reports a significant update to its Sandstone gold resource, formalizes a joint venture with IGO at Bridgetown-Greenbushes, and reveals promising zinc and indium mineralisation at Youanmi.

Rimfire Pacific Mining is set to begin an 85-hole infill drilling program at its Murga Exploration Target, aiming to convert it into a mineral resource by early 2026 and significantly expand its scandium inventory.

Red Metal Limited reports significant progress across its rare earth, gold, and copper projects, alongside a $16 million capital injection into its Maronan Metals subsidiary. Key drilling and metallurgical studies set the stage for resource upgrades and scoping studies in 2026.

Sunstone Metals advances corporate talks potentially leading to a formal offer while updating its Bramaderos Mineral Resource to support a scoping study. Exploration at its Ecuador projects reveals significant gold and copper potential.

Chilwa Minerals has confirmed elevated rare earth and heavy mineral sands resources in Malawi, progressing exploration and metallurgical studies alongside a $4.1 million capital raise and strategic logistics talks.

Sun Silver Limited reports significant drilling success at its Maverick Springs silver-gold project, backed by a $30 million capital raise and plans for a U.S. OTC listing to broaden investor access.

Gorilla Gold reports a dramatic 340% increase in its Mulwarrie gold resource and ongoing high-grade discoveries at Comet Vale, backed by a $31.7 million capital raise to fuel further exploration.

Andean Silver Limited reports exceptional drilling results at its Cerro Bayo Project, boosting mineral resources by 340% since acquisition and securing A$30 million in capital to accelerate exploration and feasibility studies.

Lakes Blue Energy marked a pivotal quarter with its ASX reinstatement, a $5.8 million capital raise, and completion of the Wombat-5 well, setting the stage for imminent production testing and resource upgrades.

Zenith Minerals has validated a large-scale gold system at its Red Mountain project and initiated its largest ever drilling campaign at Consolidated Dulcie, backed by a strong A$11.15 million capital raise.