Latest Mineral Resource Estimate News

Horizon Gold Limited has announced an updated Mineral Resource Estimate for its Gum Creek Gold Project, revealing an 8% increase in gold ounces and a notable 26% rise in average grade. This upgrade underscores the project's growing potential in Western Australia's Murchison region.

Brightstar Resources has enhanced its leadership team with seasoned mining executives and is advancing its Sandstone project, targeting a resource upgrade in early 2026 as it pursues a +200,000-ounce annual gold production goal.

Antilles Gold Limited has released an updated financial analysis for its Nueva Sabana copper-gold mine in Cuba, highlighting improved project economics and a construction start slated for late 2025. The study reflects higher metal prices and revised costs, underpinning a strong net profit and positive cash flow outlook.

Ariana Resources has initiated a 4,000-metre drilling campaign at its Dokwe Gold Project in Zimbabwe, aiming to expand the existing resource beyond one million ounces of gold. Early assay results are expected before year-end, with potential for program expansion.

Forrestania Resources has retracted its previous reference to a third-party Mineral Resource Estimate for the Hyden Project, clarifying it has yet to complete its own JORC-compliant assessment. Meanwhile, the company highlights strong growth across its Western Australian gold portfolio and strategic acquisitions.

Cannindah Resources has identified a 400-metre strike extension of copper-gold-molybdenum mineralisation at its Southern Target within the Mt Cannindah Project, Queensland, expanding the porphyry system footprint significantly. The company is advancing its drill program with scout drilling planned imminently to test this promising zone.

Terra Metals has confirmed a major new style of mineralisation at its Dante Project, discovering thick titanium–vanadium–copper-cobalt sulfide reefs at the Southwest Prospect. Early drilling assays reveal promising grades and significant cobalt content, hinting at substantial resource expansion potential.

Alma Metals has extended its drilling program at the Briggs Copper Project, confirming strong porphyry copper mineralisation consistent with its resource model and initiating new exploration to the northwest.

Tivan Limited and Sumitomo Corporation have signed a Memorandum of Understanding to explore collaboration on the Molyhil Tungsten-Molybdenum Project in Australia's Northern Territory, marking their third joint initiative in critical minerals development.

Canterbury Resources has successfully completed a deep drill hole at its Briggs Copper Project, intersecting continuous porphyry copper mineralisation and extending its drilling program to explore further along strike.

Golden Cross Resources Ltd (GCR) reports steady progress on its flagship Copper Hill copper-gold project and maintains a diversified exploration portfolio across Australia, despite ongoing ASX suspension. The company is actively preparing for mining lease applications and seeking investment partners to unlock project value.

PC Gold’s latest drilling at Spring Hill reveals high-grade gold intersections and a new Macau Extension Target, hinting at significant resource growth potential beyond the current Mineral Resource Estimate.