Latest Mineral Resource Estimate News

Lefroy Exploration is set to launch drilling programs at its Burns Gold Deposit, aiming to expand near-surface high-grade gold resources and validate metallurgical recovery. The deposit’s open-ended potential signals a promising phase for the company’s exploration strategy.

Meeka Metals delivered a strong September quarter with gold production exceeding feasibility study forecasts and costs coming in below plan, underpinning confidence in the Murchison Gold Project’s growth trajectory.

Brazilian Critical Minerals has successfully produced a high-grade mixed rare earth carbonate containing 50% total rare earth oxides from low-grade field leach solutions at its Ema Project, validating its in-situ recovery process and commercial viability.

Ora Banda Mining Limited reports continued strong drill results expanding gold mineralisation at its Little Gem prospect and Riverina Gold Camp, with Phase 3 drilling extending mineralisation to 1,200 metres strike and 700 metres depth. A Phase 4 drill program is planned to support a Maiden Mineral Resource Estimate in 2026.

Rox Resources has secured final underground mining permits for its Youanmi Gold Project, setting the stage for immediate mining activities with Byrnecut Australia mobilising this month. Processing plant approvals and infrastructure developments are progressing, aiming for production in early 2026.

Encounter Resources reports significant resource growth at its Aileron Niobium-REE-Copper Project and maiden inferred copper resource at Yeneena, backed by a strong $15 million cash position.

Torque Metals reports breakthrough drilling results at its Paris Gold Project, extending high-grade gold mineralisation beyond existing resources and maintaining strong financial footing for ongoing exploration.

Arrow Minerals Limited has suspended all field activities in Guinea due to unresolved questions over exploration permit renewals, maintaining a cautious financial stance while awaiting government clarity.

Gorilla Gold Mines Ltd has raised A$31.7 million through a placement to accelerate exploration and resource growth at its key Western Australian gold projects. The capital injection strengthens the company’s cash position to about A$42 million, supporting ongoing and planned drilling campaigns.

American Uranium has initiated Phase 1 of a two-stage drilling campaign at its Lo Herma ISR Uranium Project in Wyoming, aiming to grow and upgrade its existing 8.57 million pound uranium resource ahead of key 2026 milestones.

QMines Limited has completed an 8,600m drilling campaign at Develin Creek and initiated a 36-hole, 5,000m maiden drilling program at the high-grade Mount Mackenzie Gold-Silver Project, aiming to unlock significant resource extensions.

Stellar Resources advances its Heemskirk Tin Project with expanded drilling revealing high-grade tin zones and ore sorting trials confirming cost-saving potential. Strategic MOUs and a strong cash position underpin the company’s push towards becoming a top global tin producer.