Latest Mineral Resource Estimate News

American West Metals has finalized a binding offtake agreement and secured significant project financing with Ocean Partners, advancing the development of its Storm Copper Project in Nunavut, Canada.

Kairos Minerals reports strong diamond drilling results at its Mt York Gold Project, revealing wide gold intercepts and extending high-grade mineralisation. These findings support a resource upgrade expected later this year.

Osmond Resources has verified monazite as the dominant rare earth mineral at its Orión Project in Spain, highlighting elevated levels of critical magnetic rare earth elements. A maiden drilling program and ongoing metallurgical testing aim to advance the project as a strategic EU supply source.

Prospect Resources has released compelling metallurgical test results from its Mumbezhi Copper Project in Zambia, demonstrating robust, high-grade copper concentrates and strong recoveries that support plans for a central processing hub.

FireFly Metals reports exceptional infill drilling results at its Green Bay Copper-Gold Project, confirming strong mineral continuity and setting the stage for a resource upgrade and mining feasibility studies.

Canadian Phosphate Limited has applied for a multi-year exploration permit at its Wapiti Phosphate Project in British Columbia, targeting a substantial phosphate resource with strategic implications for North American supply.

Gorilla Gold has reported significant high-grade gold assay results from its Mulwarrie Gold Project in Western Australia, extending mineralisation down-plunge by 100 metres and discovering a new footwall lode. The company is preparing an updated Mineral Resource Estimate due in Q3 2025.

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.