Latest Resources And Reserves News

Omega Oil and Gas has secured A$60 million in a strongly oversubscribed institutional placement to fund an upgraded drilling program featuring US-standard horizontal wells and extended flow testing in Queensland’s Taroom Trough.

EQ Resources has launched a significant drilling campaign at its Mt Carbine Tungsten Mine aiming to upgrade resources and support mine life extension amid rising tungsten prices.

Macro Mining Services has partnered with Austral Pacific to tap into gold tailings and stockpiles at the Paris Gold Mine, aiming to turn historical waste into revenue through a 50:50 profit share after expense recovery.

Regis Resources sustained strong gold output in Q3 2026 with 90.6koz produced at an AISC of $2,807/oz, while raising growth capital guidance amid rising diesel costs and advancing underground projects. The company declared a 15cps interim dividend, supported by a robust $1.13 billion cash and bullion position.

Metro Mining’s latest JORC update reveals a 69.6 million wet tonne Ore Reserve at Bauxite Hills, reflecting 8.1 million tonnes mined in 2025 with no new resource additions. The high-grade bauxite operation continues as a direct shipping ore mine amid rising silica content concerns.

Regis Resources (ASX:RRL) has reported a sixth consecutive year of underground resource and reserve growth at its Duketon and Tropicana operations, highlighted by a 120% increase in Ore Reserves at Garden Well Underground. The update also introduces an initial resource for the Southern Star deposit, reinforcing the company’s long-term underground mining potential.

Emerald Resources NL reports robust high-grade gold intercepts from its Dingo Range project in Western Australia and key Cambodian assets, reinforcing resource growth and underground development potential.

Ora Banda Mining’s latest drilling at Golden Pole within the Waihi Project has delivered multiple thick, high-grade gold intersections, validating the lode’s underground mining prospects and setting the stage for its debut in the upcoming June resource and reserve estimates.

Many Peaks Minerals has delivered a maiden Mineral Resource Estimate of 1.3 million ounces of gold at its Ferké Gold Project in Côte d’Ivoire, predominantly in high-confidence categories and supported by ongoing drilling and development work.

Catalyst Metals is nearing completion of open pit mining at Trident, paving the way for underground operations forecast to start in 2027. Grade control drilling confirms the deposit’s high-grade consistency, supporting plans to double gold production at the Plutonic Gold Belt.

Cobre Limited has kicked off a major 40,000-metre drilling campaign at its Sierra Atacama copper project in Chile, aiming to convert its existing NI 43-101 resource to JORC compliance and explore opportunities for a larger open-pit operation.

Ausgold Limited's latest drilling at the Katanning Gold Project reveals exceptional high-grade gold intercepts, supporting resource growth and mine life extension prospects in Western Australia.