Latest Mineral Resource Estimate News

Winsome Resources navigates lithium market headwinds by optimizing capital, progressing the Adina Lithium Project’s regulatory and feasibility milestones, and expanding its strategic footprint with a high-grade cesium-lithium discovery and extended Renard acquisition option.

Anson Resources reports a successful pilot of Direct Lithium Extraction technology at its Green River project with 98% lithium recovery, while securing approvals for a 24-hole drilling program at its Yellow Cat Uranium-Vanadium project.

VHM Limited has achieved a key milestone with mining licence approval for its Goschen Rare Earths and Mineral Sands Project, alongside a revised staged expansion plan that adjusts capital and operating costs while extending Major Project Status.

Galileo Mining is set to begin a targeted drilling campaign at its Fraser Range project, while also securing government funding to explore deeper mineralisation beneath its Callisto deposit at Norseman.

Tesoro Gold’s latest drilling at the El Zorro Project reveals significant high-grade gold beyond existing resource boundaries, while a fresh A$11.1 million capital raise sets the stage for accelerated development and exploration.

Native Mineral Resources Holdings Limited (NMR) has made significant progress on its Charters Towers Gold Project, completing key plant refurbishments and securing $15.9 million in funding to support a planned gold production restart in Q3 2025.

Westgold Resources reported robust Q3 FY25 exploration results, drilling 83km and investing $11 million across its Murchison and Southern Goldfields portfolios, highlighting high-grade gold intercepts and advancing the Fortnum Expansion Project.

Capricorn Metals delivered a strong March quarter with rising gold output at Karlawinda, record operational cash flow, and significant progress on Mt Gibson development. The company also closed its gold hedging contracts, increasing exposure to gold price gains.

Lotus Resources is on track to restart uranium production at its Kayelekera project in Malawi by Q3 2025, backed by strong funding and binding offtake agreements covering up to 3.8 million pounds of uranium from 2026. Meanwhile, its Letlhakane project in Botswana advances with an updated scoping study supporting robust production potential.

Astral Resources has updated its Mandilla Gold Project resource to 1.43 million ounces and completed the acquisition of Maximus Resources, positioning itself for a major development milestone with a Pre-Feasibility Study due in June 2025.

Torque Metals has identified two new parallel gold lodes at its Paris Gold Project, expanding its resource potential, while progressing a strategic all-scrip merger with Aston Minerals that promises to strengthen its exploration portfolio.

FireFly Metals reports robust March quarter results, highlighting significant drilling success at its Green Bay Copper-Gold Project and a well-funded position to advance large-scale mining studies.