Latest Mineral Resource Estimates News

Burgundy Diamond Mines has updated its Ekati Diamond Mine Life of Mine plan through 2040, extending Misery underground operations and advancing the Fox Underground project with strong economic prospects.

Superior Resources Limited has expanded its copper exploration strategy to include high-grade copper-gold targets alongside porphyry prospects, while progressing the Steam Engine Gold Project towards early production within two years.

Perpetual Resources is advancing plans for deeper drilling at its Raptor Rare Earth Project in Brazil, aiming to unlock significant resource potential and support a maiden JORC estimate.

Maronan Metals has significantly upgraded its Maronan deposit resource, doubling indicated silver-lead tonnage and adding near-surface copper-gold resources, setting the stage for imminent economic assessment results and development progress.

Axel REE Limited reports exceptional high-grade gallium and rare earth element mineralisation across a vast area at its Caladão Project, with promising metallurgical test results supporting low-cost extraction methods.

QMines Limited reports strong drilling results at Develin Creek and completes Mount Mackenzie acquisition, significantly expanding its resource base and advancing its Mt Chalmers Pre-Feasibility Study.

Alma Metals has bolstered its Briggs Copper JV Project with a $1.06 million capital raise and an updated resource estimate that now includes silver. The company is progressing a scoping study and preparing for significant drilling to unlock further value.

Iltani Resources has announced its maiden JORC Mineral Resource Estimate for the Orient West Silver-Indium deposit, revealing a significant 21.6 million tonnes at 100.5 g/t silver equivalent. This milestone confirms the project as Australia's largest known silver-indium resource and sets the stage for further expansion.

Cobre Limited reports strong metallurgical results from its Botswana copper projects alongside a successful AU$1.68 million capital raising, setting the stage for upcoming resource estimates and environmental approvals.

Brightstar Resources has delivered a strong Definitive Feasibility Study for its Laverton and Menzies Gold Projects, targeting over 338,000 ounces of gold with promising financial returns, while ramping up underground mining operations and securing $50 million in capital.

Turaco Gold has reported a significant 40% increase in its Afema Project gold resource to 3.55 million ounces, alongside promising high-grade drilling results and a robust $60 million capital raise to fund ongoing development.

Western Mines Group has announced a landmark Mineral Resource Estimate for its Mulga Tank project, defining Australia’s largest nickel sulphide deposit with over 5.3 million tonnes of contained nickel. The company has secured government grants and raised capital to accelerate drilling and metallurgical testing.