Latest Mineral Resource Estimates News

Axel REE Limited reveals further high-grade gallium and rare earth element mineralisation at its Caladão Project in Brazil, expanding the known mineralised footprint and advancing resource definition.

Viking Mines has completed an Underground Mining Study at its First Hit gold mine, defining an inferred underground resource of 12,400 ounces of gold and outlining plans for follow-up drilling at high-grade targets within its Riverina East Project.

Firebird Metals has installed new equipment at its Chinese R&D lab, enabling complete lab-scale production from ore to lithium manganese iron phosphate cathode. This milestone supports a strategic collaboration with Central South University and promises cost advantages in battery material manufacturing.

Eclipse Metals has successfully raised $2 million through an oversubscribed placement at market price, aiming to accelerate exploration and environmental work at its Grønnedal rare earth project in Greenland.

Cygnus Metals has reported impressive high-grade assay results from its Golden Eye prospect in Quebec, confirming multiple mineralised zones and setting the stage for an initial resource estimate.

James Bay Minerals has reported significant high-grade gold and silver intercepts extending mineralisation well beyond current estimates at its Independence Project in Nevada, highlighting strong growth potential.

Ora Banda Mining reports a series of strong high-grade gold drill results from its Riverina, Waihi, and Little Gem prospects, reinforcing the potential for resource growth and mine life extension at the Davyhurst Gold Project.

Elevate Uranium has intersected a significant 13-meter thick uranium mineralisation zone in granite at its Marenica Project, revealing a new style of deposit beyond traditional palaeochannels. This discovery could reshape exploration strategies and resource potential in Namibia.

Emmerson Resources reveals a promising update on its White Devil gold project, confirming a major mine development opportunity with over 60% of its 611,400oz resource convertible to an open pit. The Scoping Study is on track for completion by early July 2025, setting the stage for a Pre-Feasibility Study.

Lefroy Exploration has secured its inaugural toll milling agreement for the Lucky Strike Gold Project, marking a significant step towards production with a February 2026 milling slot at Greenfields Mill.

Maronan Metals has significantly expanded its Maronan project resource, boosting the indicated silver-lead resource 2.5 times and reporting a maiden indicated copper-gold resource, setting the stage for advancing mine development.

St Barbara Limited is set to acquire a substantial 14.4% holding in Geopacific Resources by exchanging its Patronus shares, aligning two key players in Papua New Guinea’s gold sector. This strategic move could reshape development prospects for the Woodlark Gold Project.