Latest Resource Confidence News

American Uranium Limited is set to commence hydrogeologic testing and resource expansion drilling at its Lo Herma uranium project in Wyoming during the fourth quarter of 2025, aiming to boost its mineral resource base and support upcoming scoping studies.

Western Gold Resources has completed over 45% of its 35,300-metre grade control and infill drilling program at the Gold Duke Project, receiving initial assay results from the Eagle prospect. The company is finalizing an updated scoping study and secured $3 million in non-dilutive funding to support a planned mining start in late 2025.

Neometals has integrated previously unreported historic drill assays into its Barrambie Gold Project dataset, enhancing the Ironclad deposit’s exploration profile and paving the way for upcoming drilling campaigns.

VBX Limited reports promising low-silica bauxite discoveries at East Kalumburu A near its flagship Wuudagu project, alongside key strategic appointments and ongoing drilling programs advancing the project towards a targeted DFS completion in early 2026.

Verity Resources has launched its Phase 2 drilling campaign at the Monument Gold Project, aiming to upgrade and expand its 154,000-ounce inferred gold resource in Western Australia’s Laverton Goldfields.

Clara Resources has upgraded the Ashford coking coal project’s resource classification to Measured status, reinforcing confidence in the deposit and setting the stage for a Pre-Feasibility Study to validate mining and financial assumptions.

Verity Resources has completed a rigorous validation of historical drilling data at its Monument Gold Project, confirming high-grade gold zones within a 154,000-ounce inferred resource. Phase one infill drilling at Korong is complete with assays pending, setting the stage for a resource upgrade.

First Au Limited has secured permits and funding to launch a 2,500-metre drilling campaign at its Gimlet Gold Project near Kalgoorlie, aiming to upgrade its 120,000-ounce inferred gold resource and advance feasibility studies.

Aurumin Limited has secured $6 million through divestments of non-core assets, enabling a sharper focus on advancing its flagship Sandstone Gold Project. The strategic sales to Newcam Minerals and others aim to fund exploration and support Brightstar’s pre-feasibility study.

Forrestania Resources has confirmed high-grade gold mineralisation at its Lady Lila prospect, upgrading the JORC-compliant resource to over 40,000 ounces. A third drilling campaign is planned to further expand the deposit.

Brightstar Resources has reported exceptional high-grade gold intercepts from recent drilling at its Lord Byron deposit, significantly exceeding expectations and prompting plans for further exploration.

Resolute Mining has announced a significant 28% increase in the gold resource at its Doropo project in Côte d’Ivoire, boosting the total to 4.4 million ounces and setting the stage for an extended mine life beyond the initial plan.