Latest Mineral Resource Estimate News

Prospect Resources has delivered further gold assay results from its Nyungu Central deposit, reinforcing the potential for valuable by-product credits at the Mumbezhi Copper Project and setting the stage for an aggressive Phase 3 drilling campaign.

Lotus Resources has completed the first phase of a 10,000m infill drill program at its Letlhakane Uranium Project, revealing significant higher-grade uranium intercepts that underpin a resource upgrade planned for H2 2026.

Toubani Resources has kicked off construction at its Kobada Gold Project in Mali following a positive Final Investment Decision, while securing a US$83.5 million financing package to support development.

Ardea Resources is progressing its Kalgoorlie Nickel Project’s Definitive Feasibility Study with strong financial and strategic support from a Japanese Consortium and government export banks, aiming to secure a major nickel-cobalt supply chain.

West Coast Silver has confirmed a substantial high-grade silver resource at Elizabeth Hill, supported by exceptional drill results and a maiden Mineral Resource Estimate, setting the stage for accelerated development.

Capricorn Metals produced 30,358 ounces of gold in Q3 at Karlawinda, progressing its expansion project on schedule and declaring a maiden dividend, while exploration at Mt Gibson reveals promising underground gold extensions.

Lefroy Exploration has transitioned to producer status with first gold from Lucky Strike, strong drilling results pointing to resource expansion, and a bolstered cash position supported by BML Ventures financing.

Carnaby Resources has delivered a robust Pre-Feasibility Study and declared its maiden Ore Reserve at the Greater Duchess Copper Gold Project, setting sights on first production in the second half of 2026.

Image Resources delivered a solid first quarter at its Atlas project with production and sales within guidance, operating costs under forecast, and secured a six-month debt repayment holiday. Development advances on multiple mineral sands projects and maiden gold resource drilling is underway.

Maritana Minerals has confirmed robust economics and high-grade drilling results at its Black Swan gold project near Kalgoorlie, backed by a $175 million capital raise and a $35 million asset divestment.

Cannindah Resources has broadened its drilling campaign at the Cannindah Breccia deposit following promising signs of resource expansion, including newly identified mineralised zones extending over 550m beyond the current resource boundary.

Belararox has ramped up drilling at its TMT Project in Argentina, unveiling a significant high-grade silver zone at Toro Central and expanding its landholding with the El Faro acquisition. Meanwhile, exploration in Botswana gears up with a major airborne electromagnetic survey, and the company contemplates divesting its Australian Belara Project to sharpen focus on core assets.