Latest Mineral Resource Estimate News

Victory Metals has won a $250,000 MRIWA grant to advance its North Stanmore scandium project, positioning itself amid rising global supply risks due to export controls by China and Russia.

Great Boulder Resources has reported exceptional high-grade gold intersections at its Side Well Gold Project, revealing new mineralisation zones at Eaglehawk and Ironbark that could significantly expand its resource base.

Torque Metals has reported a significant high-grade gold intercept extending mineralisation beyond the current Paris Gold Project resource boundary, supported by advanced geophysical surveys.

Tungsten Mining has launched a 10-week Scoping Study to explore a phased development approach at Mt Mulgine, starting with an oxide gold project to generate early cash flow before advancing to tungsten and molybdenum production.

Brazilian Critical Minerals Ltd reports exceptionally high rare earth element grades from in-situ recovery trials at its Ema project, confirming economic viability with low capital costs. The breakthrough supports rapid project scaling and strong market potential.

Rox Resources has reported multiple high-grade gold intersections from recent drilling at its Youanmi Gold Project, reinforcing its status as one of Australia’s most promising gold developments.

Siren Gold has raised $4 million through a well-supported placement to accelerate drilling and testing at its flagship Sams Creek Gold Project, alongside exploration at Langdons and Queen Charlotte.

Magnetite Mines Limited has announced a pro rata renounceable rights issue to raise up to $2.65 million, aiming to advance its flagship Razorback iron ore project in South Australia. The offer includes free attaching options and is partially underwritten, reflecting the company’s strategic push towards securing funding and completing key project milestones.

Kincora Copper Limited advances its project generator model with six asset-level partnerships unlocking over A$110 million in funding, supported by a C$4 million private placement led by prominent North American investors. The company ramps up drilling and exploration activities, particularly at its 100% owned Condobolin project.

Patriot Battery Metals has reported a significant mineral resource upgrade at its Shaakichiuwaanaan Property, reaffirming its position as a leading lithium and caesium explorer. The company also progressed its lithium-only feasibility study and environmental assessments while maintaining a strong financial position.

Venus Metals Corporation has updated its Mineral Resource Estimate for the Bellchambers Gold Deposit and Rangeview Prospect near Sandstone, revealing a notable increase in measured resources and securing a mining lease that advances the project towards development.

Audalia Resources has reported significant assay results from its recent infill drilling at the Medcalf vanadium-titanium-iron project in Western Australia, confirming consistent mineralisation and progressing towards an updated resource estimate.