Latest Mineral Resource Estimate News

Torque Metals has kicked off a new drilling campaign at its Paris Gold Project, delivering a significant high-grade gold intercept and completing a strategic merger with Aston Minerals.

IRIS Metals has successfully completed test mining at its fully permitted Beecher lithium project and expanded its US footprint with a strategic acquisition, while securing $4.27 million to fund ongoing exploration and development.

Larvotto Resources delivers a robust Definitive Feasibility Study for its Hillgrove Antimony-Gold Project, backed by $165 million in fresh funding and regulatory approvals, targeting production in Q2 2026.

GWR Group Limited reports steady progress on its Prospect Ridge magnesium project with ongoing metallurgical testing and a strong cash position of $38 million. The company also revises Wiluna iron ore royalty terms and pursues strategic acquisitions.

Western Gold Resources has signed a pivotal 24-month toll milling agreement, advancing its Gold Duke Project towards near-term production amid rising gold prices and a recent capital raise.

West Cobar Metals has completed the acquisition of the Mystique Gold Project in Western Australia and reported a maiden inferred mineral resource at its Bulla Park copper-antimony deposit in New South Wales, while drilling assays from its Fraser Range copper-gold targets are pending.

Besra Gold has appointed a new, experienced Board and advanced drilling and metallurgical trials at its Jugan deposit, while awaiting a critical mining lease renewal.

Chilwa Minerals has significantly boosted its Mineral Resource Estimate by 85% to 110 million tonnes, with a majority now in the Indicated category, underpinning ongoing feasibility studies and rare earth exploration in Malawi.

American West Metals reports promising drilling results at its Storm Copper Project and advances critical minerals exploration in Utah, backed by strategic funding and offtake agreements.

Hawthorn Resources is progressing its Anglo Saxon gold project with an approved drilling program and advancing mining lease applications at Mt Bevan, while maintaining a strong cash position.

Athena Resources has completed a successful drilling campaign at its Byro South magnetite project, resolving key tenement disputes and strengthening its alliance with Fenix Resources. The company is advancing metallurgical test work to enhance ore quality.

Magmatic Resources has secured the Weebo Gold Project in Western Australia and reported encouraging copper-gold drill results at its Myall Project, maintaining a robust cash position of $4.7 million.