Latest Mineral Resource Estimates News

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.

Dateline Resources has upgraded its U.S. trading status to OTCQB, enhancing liquidity and investor access as interest surges around its Colosseum Gold-REE Project in California.

Astral Resources has reported compelling high-grade gold assay results from in-fill drilling at its Kamperman Deposit, reinforcing the potential of its Feysville Gold Project near Kalgoorlie. Concurrently, regional air-core drilling has unveiled new gold anomalism zones, setting the stage for further exploration.

Magmatic Resources reports promising drilling results at the Calais prospect within its Myall Project JV with Fortescue, hinting at a significant new copper-gold porphyry discovery. Further drilling is planned to refine the geological model and explore the system’s potential.