Latest Mineral Resource Estimates News

Many Peaks Limited has raised A$13.5 million through a private placement to fund its inaugural Mineral Resource Estimate and exploration at Ferke South, while also increasing director remuneration to reflect company growth.

Wia Gold Limited has announced a 38% increase in the Kokoseb Gold Project's mineral resource estimate to 2.93 million ounces, with a majority now classified as Indicated resources. This milestone underpins advancing feasibility studies and highlights promising high-grade zones in Namibia.

Mount Gibson Iron Limited has agreed to acquire Northern Star Resources' 50% stake in the Central Tanami Project, gaining access to 1.6 million ounces of gold resources and existing infrastructure in the Northern Territory.

Solstice Minerals reports robust drilling results at its Yarri Gold Project and identifies significant resource extension targets at Nanadie Copper-Gold Project, supported by a $2.1 million strategic placement and a key board appointment.

Wildcat Resources advances its Tabba Tabba Lithium Project with the Preliminary Feasibility Study nearing completion and strong metallurgical results, supported by a robust cash position of $55.1 million.

Lefroy Exploration has secured a $2.5 million Profit Cash Advance Facility from BML Ventures, fully funding the Lucky Strike Gold Project through to profit-share distributions in early 2026 while avoiding shareholder dilution.

Duketon Mining Limited has executed an option agreement to acquire 100% of the Killarney Gold Project, confirming high-grade gold results from historic and recent sampling. Concurrently, the company updated its nickel resource estimates at Rosie and C2, reinforcing its position in the Mount Magnet region.

High-Tech Metals has obtained crucial mining approvals and formed a joint venture to tap into historic gold stockpiles at its Mt Fisher Project, aiming for early cash flow and resource definition.

Western Yilgarn Limited announces a maiden JORC-compliant inferred mineral resource of 39.27 million tonnes at New Norcia, boosting its total bauxite portfolio to 244 million tonnes. The shallow, high-grade deposit benefits from strong infrastructure and promising metallurgical characteristics.

Iltani Resources has completed its JORC infill drilling program at the Orient West Silver-Indium Project in Queensland, delivering multiple high-grade assay results that confirm mineralisation continuity and set the stage for an initial JORC Resource estimate by July’s end.

Many Peaks Minerals has reported robust diamond drilling results at its Ferké Gold Project in Côte d’Ivoire, confirming wider and higher-grade gold mineralisation at depth and along strike. These findings reinforce the potential for a significant bulk tonnage gold resource.

Haranga Resources has successfully renewed its Saraya Uranium Project exploration permit in Senegal for another three years, following a positive regulatory audit. This extension secures ongoing exploration of a significant uranium resource with promising prospects.