Latest Mineral Resource Estimates News

WIN Metals Ltd has secured a binding agreement to acquire the high-grade Radio Gold Mine in Western Australia, positioning itself for near-term gold production with existing infrastructure and promising resource upside.

Helix Resources reports significant new drilling results from its Gold Basin Project in Arizona, confirming wide intervals of oxide-gold mineralisation suitable for open-pit mining and supporting potential resource upgrades.

Nagambie Resources has raised $1.2 million through a strategic placement to fund further diamond drilling and update its mineral resource estimate at the Nagambie Mine. The capital raise includes options that could inject additional funds over the next three years.

Forrestania Resources has signed a binding agreement to acquire IMD Gold, owner of the British Hill gold project in Western Australia, adding a near-surface JORC-compliant resource of approximately 56,000 ounces. The acquisition enhances Forrestania’s regional footprint and development pipeline amid promising metallurgical results.

Magmatic Resources and Fortescue have agreed on a $3.5 million exploration budget for FY25-26 at the Myall Project, focusing on extensive drilling to unlock copper-gold potential. Early results highlight promising mineralisation at the Calais prospect, setting the stage for accelerated exploration.

Tempest Minerals has identified a substantial new iron target, the Halo Prospect, near its Remorse magnetite deposit at Yalgoo. Historic samples show iron grades up to 62%, with promising magnetite and haematite mineralisation.

Antipa Minerals reports significant assay results from its CY2025 Phase 1 drilling at the Minyari Gold-Copper Project, revealing substantial resource extensions and new discoveries. With Phase 2 drilling and a Pre-feasibility Study underway, the company is advancing towards a potential standalone gold development.

Bellevue Gold Limited outlines a robust FY26 production outlook with potential to exceed guidance, supported by an updated 3.1 million ounce resource and 1.3 million ounce reserve. The company advances feasibility on a paste plant to enhance long-term economics.

Antilles Gold progresses its Cuban mining ventures with a key EPC contract signing and ongoing financing talks, focusing on the Nueva Sabana and La Demajagua projects. The company confirms stable resource estimates and outlines upcoming development milestones.

Golden Cross Resources has progressed exploration at its flagship Copper Hill project with extensive geochemical sampling and tenement renewals, while navigating ASX suspension and seeking partnerships to unlock value.

Kuniko Limited launches a $2 million rights issue to accelerate its low-carbon battery metals projects in Norway, backed by strong ESG credentials and strategic partnerships.

Alara Resources reports strong operational progress at its Al Wash-hi Majaza copper-gold project and promising exploration advances across multiple Oman concessions, supported by a $3.4 million capital raise.