Latest Resource Upgrades News

Sun Silver Limited has initiated a focused drilling campaign at its flagship Maverick Springs Project in Nevada to upgrade its substantial 480Moz silver-gold resource and explore expansion opportunities.

Ramelius Resources delivered a record underlying free cash flow of A$223 million in the March 2025 quarter, upgraded its full-year gold production guidance, and advanced a transformational acquisition of Spartan Resources to create a leading Australian gold producer.

Gorilla Gold has exercised its option to acquire the remaining 49% stake in the Comet Vale Project, increasing its ownership to 100% and positioning itself to capitalise on recent high-grade discoveries.

Argent Minerals reported robust exploration progress in the March 2025 quarter, revealing extensive silver-gold-copper-lead-zinc mineralisation across multiple NSW prospects and exceptional gold grades at Trunkey Creek. The company maintains a solid cash position to advance its projects.

Godolphin Resources has reported multiple high-grade drill results from its Lewis Ponds project, exceeding expectations and highlighting significant potential for resource growth. The company also secured $1 million in new equity funding to advance metallurgical testing and resource upgrades.

Krakatoa Resources has revealed promising extensions of antimony-gold mineralisation at its Zopkhito Project in Georgia, supported by recent geophysical modelling, while securing a drilling grant for its Mt Clere Project in Western Australia.

Canterbury Resources has reported significant advances at its Briggs Copper Project, including enhanced metallurgical recoveries and a resource upgrade, underpinning a scoping study on track for mid-2025 completion.

Native Mineral Resources Holdings Limited (NMR) reports promising assay results from resource definition drilling at its Blackjack Gold Project in Queensland, confirming shallow, high-grade gold mineralisation and deeper extensions. The company is advancing refurbishment of its processing plant, targeting gold production in Q3 2025.

Genesis Minerals has reported a 12% increase in Ore Reserves to 3.7 million ounces, including a maiden 370,000-ounce Reserve at Westralia open pit, underpinning its 'ASPIRE 400' strategy to boost production ahead of schedule.

Critica Minerals Limited has announced a significant milestone with its Jupiter Project, revealing Australia’s largest and highest-grade clay hosted rare earth resource alongside successful metallurgical test results that promise substantial mass reduction and grade upgrade.

Saturn Metals reports robust assay results from 38 drill holes at Apollo Hill, reinforcing the continuity of its 2.03 million ounce gold resource and highlighting significant growth potential ahead of a planned resource upgrade in late 2025.

Maronan Metals has reported outstanding metallurgical test results from its carbonate-hosted silver-lead ore, producing high-grade concentrates with recoveries exceeding 90%, reinforcing the project's economic potential.