Latest Mineral Resource Estimates News

Fin Resources Limited has acquired a 100% interest in the drill-ready Cabin Lake Gold Project in Canada’s Northwest Territories, backed by a recent A$1.5 million capital raise to accelerate exploration activities.

Turaco Gold has significantly expanded its Afema Project gold resource to 4.06 million ounces, driven by high-grade discoveries at multiple deposits and a strong financial position supporting ongoing development.

Carnaby Resources reports strong September quarter progress, including significant high-grade copper-gold drill results, full JV buyout, and a $12.5 million placement to advance its Greater Duchess project.

Terrain Minerals has raised $1.17 million through a placement to fund further drilling at its promising Smokebush Project, targeting high-grade gold and silver deposits.

West Cobar Metals reports significant progress across its WA and NSW projects, with promising assay results for rare earths and base metals, alongside strategic engagement in the US market and a recent $1.25 million capital raise.

Antilles Gold advances its Cuban mining ambitions with a binding EPC contract signed and construction slated to begin early next year at the Nueva Sabana copper-gold project.

Australian Gold and Copper Ltd has significantly expanded its South Cobar exploration footprint through key acquisitions and reported strong high-grade drilling results at its Achilles deposit, underpinning its growth strategy.

Barton Gold Holdings has advanced its South Australian gold assets with key drilling upgrades, a low-cost mill restart feasibility study, and a $15 million equity placement led by Franklin Templeton. The company is poised to transition from explorer to producer by late 2026.

Venus Metals Corporation reports a significant update to its Sandstone gold resource, formalizes a joint venture with IGO at Bridgetown-Greenbushes, and reveals promising zinc and indium mineralisation at Youanmi.

Rimfire Pacific Mining is set to begin an 85-hole infill drilling program at its Murga Exploration Target, aiming to convert it into a mineral resource by early 2026 and significantly expand its scandium inventory.

Osmond Resources has extended the known strike of critical mineral-bearing quartzite layers at its Orión Project in Spain through successful step-out drilling, setting the stage for upcoming assay results and resource evaluation.

Rincon Resources advances its Western Australia exploration with new drilling at South Telfer and full acquisition of the Crackerbox Gold Project, while refining targets at Laverton.