Latest Mineral Resource Estimate News

Santana Minerals reports significant high-grade assay results from drilling at the northern extensions of its Rise and Shine gold deposit, bolstering prospects for resource upgrades and mine life extensions.

Great Boulder Resources has released a scoping study for its Ironbark deposit within the Side Well Gold Project, highlighting a high-grade 100,000 oz resource and strong financial metrics that underpin a promising mining opportunity near Meekatharra, WA.

Rox Resources has made significant strides in advancing its Youanmi Gold Project, backed by a $40 million capital raise and promising drilling results that underpin an imminent resource update and feasibility study.

Cobre Limited has initiated an Environmental Impact Assessment and reported strong assay results from its Ngami Copper Project, setting the stage for a maiden Mineral Resource Estimate by August 2025.

Asra Minerals has initiated a significant 3,000m drilling campaign at its Leonora South Gold Project, targeting the Challenge and Eclipse prospects near the existing Sapphire resource. The program aims to validate historic gold mineralisation and could expand the company’s resource base.

Warriedar Resources has announced a landmark mineral resource upgrade at its Ricciardo deposit, now home to Australia’s largest open-pit antimony resource, alongside significant gold discoveries and a successful A$21 million capital raise to accelerate exploration.

Javelin Minerals has announced a significant 27% increase in the Indicated Resource at its Eureka Gold Project in Western Australia, alongside a 16% grade improvement, setting the stage for expanded near-term mining plans.

Wia Gold Limited has significantly upgraded its Kokoseb Gold Project resource to 2.93 million ounces, advancing steadily toward a Definitive Feasibility Study targeted for late 2026. The company’s accelerated drilling and strong high-grade results underpin its ambition to become Namibia’s fourth commercial gold mine.

Axel REE Limited reports continued high-grade gallium and rare earth element assay results from its Caladão Project in Brazil, highlighting shallow, laterally extensive mineralisation in Area B. The company advances towards a maiden resource estimate, underscoring the project's strategic potential.

Many Peaks Limited has raised A$13.5 million through a private placement to fund its inaugural Mineral Resource Estimate and exploration at Ferke South, while also increasing director remuneration to reflect company growth.

Wia Gold Limited has announced a 38% increase in the Kokoseb Gold Project's mineral resource estimate to 2.93 million ounces, with a majority now classified as Indicated resources. This milestone underpins advancing feasibility studies and highlights promising high-grade zones in Namibia.

Mount Gibson Iron Limited has agreed to acquire Northern Star Resources' 50% stake in the Central Tanami Project, gaining access to 1.6 million ounces of gold resources and existing infrastructure in the Northern Territory.