Latest Resource Validation News

Elixir Energy has marked a pivotal step in developing Queensland’s Taroom Trough gas resource with the successful drilling of the Lorelle-3 well and ambitious appraisal plans set for 2026. Positioned near key infrastructure and backed by major players, the company is poised to accelerate commercialisation efforts in this emerging energy hub.

White Cliff Minerals is set to restart drilling at its Rae Copper Project in Nunavut, aiming to expand high-grade copper mineralisation across an 8km strike at the Danvers deposit and explore regional targets Hulk and Stark.

GreenTech Metals has completed its Phase 1 drilling program at the Munni Munni PGE-Cu-Ni Project ahead of schedule by leveraging well-preserved historical drill core, advancing towards a modern resource estimate.

Kuniko Limited’s initial diamond drilling at the Commonwealth-Silica Hill Project has intersected significant massive sulphide mineralisation, confirming down-plunge continuity and prompting an accelerated Phase II drilling campaign backed by fresh funding.

Patriot Resources has confirmed strong silver recoveries averaging 85% from historical testwork at its Tassa project in Peru, underpinning a maiden JORC Inferred Resource of 31.4 million ounces silver equivalent. An independent metallurgical review is underway to refine recovery assumptions and support future resource upgrades.

Kuniko Limited reports promising early diamond drilling results at its Commonwealth-Silica Hill Project in NSW, confirming significant sulphide mineralisation and extending known zones. Backed by a $3.75 million placement, the company is fast-tracking a larger Phase 2 drilling campaign to expand resource validation and explore new targets.

Critical Resources Limited has successfully demonstrated a solvent-free Dry Supersonic Deposition method to fabricate lithium iron phosphate cathodes, marking a significant step toward scalable, energy-efficient solid-state battery manufacturing.

Kuniko Limited has raised A$3.75 million in a strongly supported placement to fast-track drilling and resource expansion at its Commonwealth Gold–Silver Project in NSW’s Lachlan Fold Belt. Phase I drilling is underway, with results expected in April 2026.

Raptor Metals has intersected multiple zones of visual copper mineralisation in the initial two holes of its 2,200m diamond drilling program at the Chester Project, validating its resource base and setting the stage for resource growth.

St Barbara Limited has expanded its Nova Scotia exploration portfolio with 44 new targets near its 15-Mile Processing Hub, aiming to extend the mine life beyond 11 years. The company has acquired 174 exploration licences and plans extensive drilling and sampling in 2026.

Infini Resources has confirmed a structurally controlled uranium mineralisation system at its Portland Creek Project in Newfoundland, with Phase 2 drilling assays revealing uranium grades up to 347 ppm U3O8 over a strike length exceeding 2 km. These results underpin the company’s exploration model and set the stage for an expanded 2026 drilling campaign.

FIN Resources Limited has upgraded and confirmed the reliability of historical gold assays at its Cabin Lake project in Canada, setting the stage for a maiden drilling program. The re-sampling results reveal stronger and more continuous mineralisation than previously understood.