Latest Mineral Resource Estimates News

Black Bear Minerals has hit remarkable high-grade silver assays up to 1,169g/t at its Shafter Project in Texas, extending mineralisation beyond the existing 17.5Moz silver-only resource and revealing significant lead, zinc, and gold credits.

FireFly Metals secures ATO Class Ruling confirming its in-specie distribution of Bellavista shares as a capital return, not a dividend, clarifying tax treatment for Australian shareholders.

Strata Minerals has delivered a standout 94% hit rate in its Phase 2 drilling at the Zelica Gold Project, confirming extensive high-grade gold mineralisation and securing a development partnership to fast-track production.

Sky Metals has secured a crucial regulatory milestone for its Tallebung tin-silver-tungsten project in NSW, moving into the Environmental Impact Statement phase following the issuance of SEARs by the NSW Department of Planning. The company prepares for imminent resource and feasibility updates that could shape the project’s development trajectory.

Variscan Mines is ramping up exploration at its Novales Project in northern Spain, advancing underground and surface drilling with infrastructure upgrades and capital raising support.

High-Tech Metals has reported exceptional metallurgical test results from its Wagtail Gold Deposit at Mt Fisher, confirming high gold recoveries and processing flexibility that could lower costs and boost throughput.

PhosCo Ltd has unveiled significant drilling success at its Gasaat phosphate project in Tunisia, highlighting a new major discovery at the DOH prospect with substantial phosphate mineralisation and reinforcing Gasaat's emergence as a world-scale resource.

Chilwa Minerals has identified a substantial new heavy mineral sands target at Mpyupyu West in Southern Malawi, resuming drilling with two sonic rigs and preparing an updated resource estimate for its Mpyupyu deposits.

Paterson Resources has nearly tripled the inferred gold resource at its Grace Gold Project to 200,000 ounces, highlighting shallow, high-grade mineralisation and promising metallurgical recoveries that support open cut mining potential.

Magnum Mining has completed OTCIQ submissions to secure a U.S. OTCID listing, enhancing access for American investors as it accelerates exploration across its Brazilian and U.S. rare earth, gold, and copper projects.

Medallion Metals confirms continuity of high-grade gold mineralisation beneath Lounge Lizard open pit, advancing geological models and targeting a maiden resource estimate by Q3 2026.

Rumble Resources has received the second $5 million milestone payment from Elemental Royalty and satisfied a key condition for its ore toll milling agreement, positioning the Western Queen project for pre-development.