Latest Mineral Resource Estimate News

MGX Resources Limited reported resilient December quarter results despite a major rockfall at Koolan Island, generating $15 million in free cashflow and advancing its acquisition of a 50% stake in the high-grade Central Tanami Gold Project.

Sentinel Metals has uncovered detailed geological logs and core from six historical diamond drill holes at its Columbia Gold Project, providing fresh insights that are refining its maiden drilling plans set for March 2026.

Legacy Minerals has locked in $4 million through an underwriting agreement to ensure full exercise of its listed options, bolstering its cash reserves to $10 million for advancing exploration at Mt Carrington.

PTR Minerals reports exceptional heavy mineral assay results from 47 drill holes at its Rosewood Titanium Project, confirming thick, high-grade mineralisation and advancing metallurgical testing ahead of a maiden resource estimate due in Q2 2026.

OzAurum Resources has lodged a key mining proposal for its Mulgabbie North Gold Project, outlining a low-capital, staged heap leach development with strong metallurgical recoveries and an owner-operator model to control costs amid record gold prices.

Odyssey Gold Limited has reported further drilling success at its Tuckanarra Gold Project in Western Australia, extending mineralisation beyond existing resource boundaries. The latest results highlight promising gold intercepts at the Cable and Bollard deposits, supporting potential resource growth.

West Cobar Metals has announced a significant inferred gallium resource of 263 million tonnes at its Salazar Critical Minerals Project in Western Australia, highlighting the strategic importance of gallium amid global supply constraints.

GBM Resources has reported significant high-grade gold assay results from its Stage 1 drilling at the 309 deposit within the Twin Hills Gold Project, revealing mineralisation beyond the current resource estimate and setting the stage for expanded drilling.

Cannindah Resources has pinpointed a promising high-grade copper-gold target in the under-drilled southern section of its Cannindah Breccia resource, with a new drilling campaign set to begin shortly.

Peel Mining has initiated a 9-hole drilling program at its Southern Nights Complex in NSW, targeting expansion of its significant silver-rich polymetallic resource. The campaign aims to unlock new high-grade zones and enhance geological insights within the South Cobar Project.

Kingston Resources reported a 14% increase in quarterly revenue to $18.1 million despite a geotechnical setback, while underground mining development gains momentum and resource estimates grow by 29%.

Greatland Resources reports robust December quarter drilling results at Telfer, advancing a record 240,000m FY26 program with standout high-grade intercepts at West Dome Underground and promising regional exploration progress.