Latest Mineral Resource Estimate News

Canterbury Resources has begun drilling a deep 900m diamond hole at its Briggs Copper Project, aiming to unlock new resource potential adjacent to the existing deposit. Supported by a government grant and a joint venture partner, this drilling campaign could reshape the project’s outlook.

Challenger Gold’s Argentinian subsidiary has obtained the crucial explosives permit to begin drill and blast operations for toll milling at the Hualilan Gold Project, unlocking near-term cash flow potential. The company’s recent Pre-Feasibility Study underscores robust economics, setting the stage for accelerated development.

Alma Metals has initiated a 900m deep diamond drilling program at its Briggs Copper Project, targeting a key geophysical anomaly adjacent to existing resources. Supported by a $250,000 Queensland Government grant, early drilling has revealed visible copper mineralisation, with assay results anticipated next quarter.

Metals Australia has dramatically expanded its Lac Carheil Graphite Project resource in Quebec, tripling contained graphite to 5.1 million tonnes and advancing a pre-feasibility study that positions the project as a key player in North America's critical minerals landscape.

McLaren Minerals reports promising early Phase 1 drilling results at its McLaren Titanium Project, revealing high-grade heavy mineral assays beyond current resource boundaries and signaling strong potential for resource expansion.

Pacgold Limited advances its Northern Queensland footprint with a maiden 900,000-ounce gold resource at Alice River and a new high-grade antimony acquisition at St George, positioning itself amid critical mineral supply challenges.

CuFe Ltd announces a remarkable 400% increase in its Gecko copper-gold resource at Tennant Creek, boosting the total project resource to 24.3 million tonnes. This comprehensive update integrates decades of historical data and expands the deposit’s economic potential with byproduct metals.

Power Minerals reports compelling high-grade niobium and rare earth element intersections from early-stage auger drilling at its Santa Anna Project in Brazil, extending the known mineralised footprint and reinforcing confidence in a significant resource.

Horizon Gold is advancing its Gum Creek Gold Project feasibility study on track for early 2026 completion, with significant resource expansion and deep drilling planned to extend mine life and enhance project economics.

Charger Metals has announced a maiden inferred mineral resource of 8.2 million tonnes at 1.0% lithium oxide for its Medcalf Lithium Deposit, underscoring the significant potential of its Lake Johnston project in Western Australia.

Black Canyon Limited has launched Phase 3 drilling at its Wandanya Project, aiming to extend and infill a significant high-grade manganese and iron mineralisation zone over a 3km strike in Western Australia’s Oakover Basin.

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.