Latest Resources And Reserves News

QMines Limited reported standout copper and gold assay results from two diamond drill holes at Mt Chalmers, surpassing existing resource grades and fueling ongoing feasibility and metallurgical work.

Westgold Resources has declared a maiden Ore Reserve of 1.1 million ounces at its Fletcher deposit, marking a significant 30% increase in total Mineral Resources at Beta Hunt and advancing plans for a 4Mtpa processing expansion.

Astral Resources has uncovered significant deep gold mineralisation beyond the current resource at its Mandilla Project, with broad high-grade zones in newly completed diamond drill holes. The expanded drilling program highlights Theia’s growth potential and sets the stage for upcoming feasibility and exploration activities.

New Hope Group exceeded its FY26 coal production and sales guidance, driven by strong performances at Bengalla and New Acland mines, alongside a notable price uplift amid global supply tightness.

Liberty Metals has locked in a four-year option to acquire a dominant 180km2 land package in Guyana’s rapidly consolidating Oko gold district, backed by a A$5 million placement to fund exploration.

Orezone Gold Corporation’s latest drilling at Bomboré reveals significant extensions and high-grade zones, setting the stage for a material resource and reserve upgrade expected in early 2027.

Horizon Oil's 2026 reserves statement reveals a 51% jump in net 2P reserves to 13.6 million barrels of oil equivalent, driven by strategic acquisitions and record production.

American Tungsten & Antimony plans to restart and expand the Del Sol Refinery and White Spar Mine in the US, contingent on completing their acquisition. The company is preparing for increased processing capacity and new product lines while engaging with regulators and engineering firms.

Brightstar Resources is on track to deliver 75,000 ounces per annum from its Goldfields hub by mid-2027, backed by a new processing plant and strong project economics, while progressing its Sandstone project toward a Tier-1 development with a 2.9 million ounce resource.

Global Lithium Resources has secured the Mining Development and Closure Proposal approval for its Manna Lithium Project, paving the way for early works and infrastructure development ahead of a planned Final Investment Decision in late 2026.

Hot Chili Limited expands its Costa Fuego copper-gold project with significant drilling success at La Verde, underpinning a strong Preliminary Feasibility Study and strategic water infrastructure plans.

Kalamazoo Resources has delivered standout high-grade gold intersections at its Mt Olympus deposit, underpinning an updated resource estimate and advancing its Ashburton Gold Project development plans.