Latest Mineral Resource Estimates News

Lunnon Metals has announced a maiden Mineral Resource Estimate for its Hustler gold deposit, adding 30,200 ounces to its portfolio and setting the stage for potential open pit mining alongside the nearby Lady Herial operation.

Ora Banda Mining has significantly expanded its Little Gem gold prospect, discovering a new mineralised Sapphire Trend and extending known mineralisation over 1,500 metres strike and 750 metres depth. High-grade drill results underpin expectations for a maiden resource estimate later this year.

Neometals has secured a 30-day extension to its exclusivity period with BML Ventures for the Ironclad Deposit development, allowing both parties to finalise due diligence and internal studies ahead of a joint venture agreement.

Brazilian Rare Earths (ASX: BRE) has significantly expanded its Sulista Rare Earth District in Bahia, Brazil, extending the strike length from over 10 km to more than 17 km with multiple high-grade mineralised corridors. The latest drilling results underpin a maiden JORC Mineral Resource Estimate expected mid-2026 and support BRE’s strategic hub-and-spoke development plan.

Titan Minerals has reported significant wide zones of gold-silver-copper porphyry mineralisation at its Kaliman target within the Dynasty Gold Project, following a 25,000m drilling campaign in 2025. This breakthrough is set to underpin an imminent Mineral Resource update expected in late Q1 2026.

Odyssey Gold Limited has reported promising assay results from metallurgical drillholes at its Tuckanarra Project, highlighting significant gold grades that surpass historic drilling. These findings underpin ongoing mining proposals and future resource upgrades.

Torque Metals has appointed a seasoned leadership team from Spartan Resources to spearhead exploration and development at its Paris Gold Project near Kalgoorlie, backed by a $3 million capital raise.

Reach Resources has reported high-grade gold assays up to 31 g/t Au from rock chip sampling outside its current resource at Murchison South, highlighting promising targets for resource expansion.

Vertex Minerals has renegotiated a $3 million loan and secured an additional $1.5 million facility to support underground development and gold production at its Reward Gold Mine, aiming to repay from positive cash flow in 2026.

St George Mining reports outstanding assay results from 16 new diamond drill holes at its Araxá Rare Earths and Niobium Project, confirming thick, high-grade mineralisation from surface and reinforcing its status as South America's largest carbonatite-hosted rare earth resource.

Albright Metals has released a second batch of high-grade gold assay results from its 2025 drilling campaign at the Vail Road Gold Deposit, reinforcing the deposit’s robust mineralisation across multiple zones. These findings pave the way for an updated JORC Mineral Resource Estimate and further mine development studies.

Medallion Metals has confirmed high-grade historical gold mineralisation at the Lounge Lizard deposit within its newly acquired Forrestania Gold Project, setting the stage for a maiden resource estimate targeted for the third quarter of 2026.