Latest Mineral Resource Estimate News

Horseshoe Metals reports strong drilling results confirming extensive shallow copper mineralisation at its Horseshoe Lights Project, with Direct Shipping Ore operations set to begin this quarter amid active offtake and funding talks.

Australian Gold and Copper Ltd has completed its acquisition of the Browns Reef tenement package, doubling its South Cobar Project area and setting the stage for a maiden resource estimate at the Evergreen target.

Skylark Minerals has agreed to acquire a portfolio of gold projects in Côte d’Ivoire, including the flagship Zaranou Project with a JORC-compliant inferred resource of 364,600 ounces. This deal positions Skylark as a significant emerging player in West Africa’s gold sector.

Caprice Resources has reported compelling high-grade gold assay results from its Phase 4 drilling at the Island Gold Project, extending mineralisation to 300 metres depth and confirming potential for further expansion.

GBM Resources has reported significant new gold assay results from its Lone Sister deposit, revealing high-grade mineralisation beyond the current resource estimate and identifying a previously unknown east-west gold-bearing structure.

Strickland Metals has reported its largest-ever mineralised intercept at the Gradina Deposit in Serbia, with over 700 metres of continuous gold and zinc mineralisation. This breakthrough supports confidence in expanding the Rogozna Project’s resource ahead of a maiden estimate due late 2025.

Brightstar Resources has reported promising high-grade drilling results at its Second Fortune and Fish gold mines, indicating potential extensions to mine life and new ore sources for its planned Laverton mill.

West Cobar Metals has identified significant gallium mineralisation across its Salazar Critical Minerals Project in Western Australia, highlighting potential co-product recovery alongside rare earth elements and scandium. This discovery comes amid tightening global gallium supply due to Chinese export restrictions.

Leeuwin Metals has reported further shallow gold intercepts along a 1.6km strike at its Evanston trend within the Marda Gold Project, Western Australia, alongside new electromagnetic anomalies suggesting deeper mineralisation. A major drilling campaign is set to begin this month, underpinning plans for a maiden resource estimate.

WIN Metals Ltd has confirmed the technical and financial viability of its Butchers Creek Gold Project in Western Australia, outlining a 9-year mine plan with strong financial metrics and significant upside potential.

Javelin Minerals is set to begin diamond drilling at its Eureka Gold Project in Western Australia this November, paving the way for mining operations scheduled for mid-2026. The campaign aims to refine resource estimates and unlock high-grade extensions, supported by secured financing and partnerships.

PC Gold has reported a stunning high-grade gold intersection of 0.7m at 459.08 g/t Au from diamond drilling at its Spring Hill project, signaling significant potential beyond the current resource boundary. Follow-up drilling is set to explore these promising extensions further.