Latest Mineral Resource Estimates News

Flagship Minerals has commenced a comprehensive review of a vast dataset acquired from Anglo American for its Pantanillo Gold Project in Chile, confirming a large oxide gold system with exceptional drill results. This positions the company to fast-track a JORC-compliant Mineral Resource Estimate and advance towards production.

Westgold Resources reports a significant 24% increase in gold Mineral Resources to 16.3 million ounces and a 5% rise in Ore Reserves to 3.5 million ounces, underpinning a decade-long Reserve life with robust milling capacity.

Terrain Minerals has reported a significant gold intersection of 22 metres at 2.71 g/t from its recent drilling at the Lightning & Monza Gold Prospect, reinforcing its exploration strategy and advancing the project towards a resource estimate.

Power Minerals has initiated leach testing on high-grade rare earth element samples from its Santa Anna Project in Brazil, aiming to unlock processing pathways and confirm resource potential. Results expected this month will guide further drilling and resource estimation.

Asra Minerals confirms multiple high-grade, near-surface gold intercepts at its Leonora South Gold Project, setting the stage for a maiden resource estimate and further exploration.

Nexus Minerals reports standout one-metre gold assay results up to 30.05 g/t at its Payns Prospect, part of the Wallbrook Gold Project, and launches a new 6,000-metre drilling campaign targeting nearby prospects.

Unico Silver Limited has secured $25 million in funding to restart drilling at its Joaquin Project in Argentina, targeting promising high-grade silver zones. The company aims to upgrade resources and deliver a scoping study by mid-2026.

Horseshoe Metals has launched a new phase of reverse circulation drilling at its Horseshoe Lights Copper-Gold Project in Western Australia, targeting near-surface copper oxide and gold zones. Concurrently, the company is progressing offtake negotiations with major commodity traders.

Horizon Gold has successfully completed its renounceable entitlement issue, raising nearly $7 million including a full shortfall placement, positioning the company for further development at its Gum Creek Gold Project.

Rapid Critical Metals is set to become Australia's highest grade silver company through its acquisition of the Webbs Consol Silver Project, expanding its resource base to approximately 67 million ounces of silver equivalent at exceptional grades.

Iltani Resources has reported its highest-grade silver-indium-base metal intersections to date from diamond drilling at its Orient East project in North Queensland, reinforcing its position as Australia’s leading silver-indium discovery.

Brazilian Critical Minerals has reported exceptional in-situ recovery results at its Ema project, achieving rare earth leaching grades over 14 times higher than the natural mineralised levels. These breakthrough findings mark a significant step towards commercial production.