Latest Resources And Reserves News

Geopacific Resources has completed a drilling campaign at its Woodlark Gold Project, delivering significant high-grade gold intercepts that reinforce and extend known mineralisation, potentially enhancing project economics.

Capstone Copper has boosted its Atacama presence by acquiring the San Pietro copper project, adding 16,000 hectares and nearly half a billion tonnes of inferred resources to its Mantoverde-Santo Domingo district.

QMines Limited reports strong copper and gold intersections from two recent drill holes at Mt Chalmers, reinforcing the project's potential with ongoing drilling and assays.

Maritana Minerals has announced a maiden underground Ore Reserve of 31,600 ounces at Rose Hill, lifting group reserves to 236,000 ounces and setting the stage for gold production in H2 2027.

Ora Banda Mining delivered record FY26 results with a 53% jump in gold production and doubled revenue to $807.5 million, underpinning its DRIVE to 300 growth strategy targeting 300,000 ounces annually by FY29.

Palisade Metals has boosted its Finley Basin Tungsten Project landholding by 87% to over 696 hectares, setting the stage for maiden drilling in Q3 2026 aimed at validating historical tungsten mineralisation in Montana.

Ramelius Resources has posted a striking 79% jump in Ore Reserves to 4.3Moz and a 17% increase in Mineral Resources to 14Moz as at 30 June 2026, driven by strong drilling results and strategic acquisitions.

Global Lithium Resources has secured critical environmental and water permits for its Manna Lithium Project, clearing the way for early works and construction. These approvals align with the company’s aggressive schedule targeting first ore shipment in mid-2027.

Maritana Minerals (ASX:MRT) has reported a 6.3% rise in gold Mineral Resources to 1.86 million ounces and a striking 148% increase in Ore Reserves to 204,100 ounces for FY2026, driven by maiden Ore Reserves at Crake and Kalpini and updates at Boorara.

Westgold Resources reports a 41% jump in gold Ore Reserves to 4.1 million ounces with a 15% grade uplift, achieved at a notably low reserve addition cost of $27 per ounce. The company plans to invest up to $75 million in exploration drilling in FY27 to sustain this growth trajectory.

Australis Oil & Gas Ltd posted a $2.6 million net loss for 1H 2026 amid sharply reduced production volumes but is progressing its Tuscaloosa Marine Shale development with a key partner and a planned Q4 well spud.

Equus Energy's Pre-FEED study confirms a robust, phased development plan for its Equus Gas Project, targeting LNG, domestic gas, and condensate production with strong economic returns.