Latest Mineral Resource Estimates News

Carnavale Resources has significantly upgraded its Kookynie Gold Project with a new resource estimate and scoping study, underpinning strong economics and a clear path to production. A $3 million placement and a $4.09 million entitlement offer support advancing to a Bankable Feasibility Study in 2026.

Eastern Resources has secured a farm-in agreement to earn up to 80% interest in Queensland’s Marengo Gold Project, boasting impressive historic gold and copper grades. Meanwhile, lithium anomalies at its Trigg Hill project hint at further exploration potential.

ActivEX Limited reports progress on multiple Queensland mineral projects, including a major drilling campaign at Gilberton and advancing rare earth exploration, while managing its portfolio through asset sales and loan facility extensions.

Rincon Resources has completed a significant drilling campaign at its Telfer South Gold Project, testing extensions well beyond its initial resource footprint, while early Laverton drilling results show modest gold grades. Assay results expected soon will be pivotal for the company’s next exploration phase.

Ballard Mining accelerates exploration at its fully permitted Mt Ida Gold Project, revealing a substantial new exploration target alongside a robust existing resource base.

Ballard Mining has raised $20.6 million through a premium share placement led by new strategic investor Aurenne Group Holdings, aiming to accelerate exploration and resource growth at its Mt Ida Gold Project. A new, substantial October 2025 Exploration Target highlights significant upside beyond the existing mineral resources.

IRIS Metals’ Phase II drilling at the Tin Mountain Project confirms exceptional lithium grades and unveils critical minerals like rubidium, positioning the company as a key player in the US critical minerals landscape.

PhosCo Ltd reports a significant 50.5m phosphate intersection at its KM prospect in Tunisia, reinforcing strong project economics and prompting a potential acceleration of production schedules.

Dundas Minerals has leveraged advanced AI technology to identify multiple high-priority gold targets beneath shallow cover in its Gerry Well Greenstone Belt tenements, signaling a promising new chapter in its exploration journey.

Odyssey Gold Limited has reported significant progress on its Tuckanarra Gold Project, including a positive Mining Technical Study, robust drilling results, and a $4 million capital raise to fund ongoing exploration and development.

Fitzroy River Corporation reported steady royalty income for the June quarter and highlighted significant progress on several royalty projects, including government approvals for Buru Energy’s Rafael Gas Project and a major equity raise for Endura Mining’s Snowy River Gold development.

Minerals 260 Limited has expanded its Bullabulling Gold Project drilling program to 110,000 meters following strong high-grade gold intercepts, with an updated resource estimate due in December 2025. Initial metallurgical tests show gold recoveries exceeding 95%, bolstering project economics as the pre-feasibility study advances.