Latest Mineral Resource Estimate News

Meteoric Resources has significantly expanded its Caldeira Project's Mineral Resource Estimate to 1.5 billion tonnes at 2,359ppm TREO, positioning itself as a key alternative supplier amid tightening Chinese export controls. The company anticipates releasing its Pre-Feasibility Study in June 2025.

Astute Metals reports record lithium assay results from its Red Mountain Project in Nevada, extending mineralisation and setting the stage for a maiden Mineral Resource Estimate in 2025. The company also completes a $1.8 million capital raise to fund upcoming drilling.

Critica Limited has declared a maiden Inferred Mineral Resource Estimate for its Jupiter Project, establishing it as Australia’s largest and highest-grade clay-hosted rare earth deposit. Early metallurgical testwork shows promising beneficiation results, positioning the company as a strategic player in the rare earths sector.

Aurum Resources reports exceptional high-grade gold intercepts from its Boundiali and BM tenements, advances a 100,000m drilling campaign, and completes key tenement acquisitions to underpin a Pre-Feasibility Study in Côte d'Ivoire.

Asara Resources has raised $2.3 million to advance exploration at its flagship Kada Gold Project in Guinea, appointed Matthew Sharples as CEO, and awarded a major drilling contract to Capital Drilling Guinea-SA. The company also completed the sale of non-core Burkina Faso assets, signaling a sharpened focus on its core gold interests.

Global Uranium and Enrichment Limited has significantly expanded its Pine Ridge Uranium Project landholding in Wyoming’s Powder River Basin by approximately 85%, adding 937 new claims and enhancing exploration potential in a premier U.S. uranium district.

Delta Lithium has announced a substantial 46% increase in the gold resource at its Mt Ida Project, now exceeding 1.1 million ounces, alongside plans to spin off its gold assets into a new ASX-listed entity, Ballard Mining.

Peel Mining Limited has reported a significant upgrade to its Wagga Tank Mineral Resource Estimate, enhancing the South Cobar Project’s global resource base and advancing its pre-feasibility study with promising cost and timeline benefits.

Vital Metals is nearing completion of a pivotal Scoping Study for its Tardiff deposit in Canada, while spearheading a new Canadian rare earths consortium and securing fresh funding to support its development ambitions.

MRG Metals has advanced its Mozambique joint venture with Sinowin Lithium, securing the Corridor Central mining licence and confirming high-grade heavy mineral sands at Marao’s Magonde target through recent assay results.

Prodigy Gold has updated its Hyperion Gold Deposit resource, increasing gold ounces by 7% to 435,000 oz, supported by promising metallurgical testwork indicating high recoveries. The Tanami North Project now holds nearly half a million ounces of gold resources, setting the stage for further development.

Savannah Goldfields is advancing plans to resume gold production by July 2025, backed by a $9.1 million capital raise and strategic leadership appointments. The company aims to capitalise on high gold prices by processing stockpiled ore at its Georgetown plant before restarting mining operations.