Latest Resource Upgrade News

Zenith Minerals has finalised the sale of its 20% stake in the Kavaklitepe gold project in Turkey, securing approximately A$820,000. The company plans to reinvest these proceeds to accelerate exploration at key Australian gold and copper-gold projects.

Trigg Minerals has acquired 100% of the Tennessee Mountain Tungsten Project in Nevada, marking a strategic expansion into critical minerals with a historically significant tungsten resource. The move aligns with rising tungsten demand and the company's goal to become a key supplier of defence metals.

American West Metals reports robust high-grade copper intersections from recent drilling at its Storm Copper Project in Nunavut, Canada, highlighting significant resource expansion potential.

TG Metals Limited has identified three compelling new gold anomalies at its Gold City prospect, part of the Van Uden Gold Project in Western Australia, setting the stage for imminent drilling campaigns.

Argent Minerals is fast-tracking its Kempfield Polymetallic Project in NSW, launching diamond drilling and metallurgical testwork to explore early production options and support a scoping study.

Beacon Minerals has updated the Laterite Mineral Resource at its Iguana Deposit, reporting 1.2 million tonnes at 0.92 g/t gold for 36,000 ounces. This upgrade enhances confidence in the Lady Ida Project’s near-surface gold potential ahead of an ore reserve estimate expected next year.

Brightstar Resources has unveiled a robust multi-hub expansion strategy in Western Australia, boosted by its strategic acquisition of Aurumin Limited. The company targets a significant production increase to 200,000 ounces of gold annually by 2029.

Koonenberry Gold Limited reveals promising high-grade gold intercepts at its Enmore Project in NSW and announces a fully funded 10,000m Phase II drilling program to expand its discovery pipeline.

Rumble Resources has unveiled multiple high-grade tungsten intersections at its Western Queen Project, with a maiden tungsten resource estimate expected soon. This discovery complements an already significant gold resource, positioning the project as a critical minerals hotspot amid tightening global tungsten supply.

Aurum Resources has announced a substantial 50% increase in the gold resource at its Boundiali Project in Côte d'Ivoire, lifting the total group resources to 3.28 million ounces. This milestone reflects successful drilling campaigns and sets the stage for further development.

Black Cat Syndicate’s recent shallow drilling at Fingals delivers impressive high-grade gold intercepts, reinforcing the deposit’s role as a cornerstone for Kal East’s production growth. The results underpin ongoing mining ramp-up and future underground development plans.

Neometals reports strong gold assay results from its maiden diamond drilling at Barrambie’s Ironclad and Mystery prospects, confirming high-grade mineralisation and setting the stage for expanded exploration.