Latest Mineral Resource Estimates News

Delta Lithium has completed the demerger and IPO of its Mt Ida Gold asset into Ballard Mining, raising $30 million and retaining a 46% stake, while significantly expanding its lithium project tenure in Western Australia.

Horizon Gold has completed a major drilling campaign at its Gum Creek Gold Project, delivering high-grade gold intercepts and advancing its feasibility study on track for early 2026. A $12 million capital raise post-quarter end aims to fund further exploration and project development.

LinQ Minerals has kicked off a significant +16,000m drilling campaign at its Gidginbung gold deposit, marking the first exploration there since 2001 and aiming to unlock deeper and extended mineralisation within the Gilmore Project.

Unico Silver has confirmed a significant new silver-gold mineralised zone at La Morocha SE within its Joaquin Project, highlighting strong growth potential ahead of a revised resource estimate.

Gorilla Gold reports impressive high-grade gold intercepts from its Mulwarrie Project in Western Australia, setting the stage for a significant resource upgrade expected this quarter.

Toubani Resources has made significant strides in developing its Kobada Gold Project in Mali, securing a $29 million strategic placement and launching extensive drilling programs aimed at expanding its mineral resource base ahead of a final investment decision.

QMines Limited reports promising high-grade copper and zinc intersections from its maiden drilling at Sulphide City, bolstering confidence in the Develin Creek project’s potential.

Torque Metals has initiated diamond drilling at its Paris Gold Project to extend promising high-grade gold mineralisation, leveraging government co-funding and advanced geophysical targeting.

Strickland Metals has reported outstanding metallurgical testwork results from its Gradina Deposit in Serbia, achieving gold recoveries up to 97.9% and averaging nearly 90%. This milestone supports the upcoming maiden Mineral Resource Estimate and ongoing project development.

Mt Malcolm Mines has initiated a significant 2,000-metre drilling campaign at its Sunday Picnic Prospect, aiming to refine gold resource estimates and advance mining lease consolidation in Western Australia’s Eastern Goldfields.

Sunrise Energy Metals has revealed fresh assay results from its latest drilling campaign at the Syerston scandium deposit, confirming expanded zones of high-grade mineralisation. These findings bolster the company’s resource base ahead of an updated feasibility study.

Chilwa Minerals reports encouraging metallurgical testwork from its Mposa Deposit, confirming the potential for commercial-grade ilmenite and promising by-products including zircon and rare earth minerals. These findings will shape the upcoming Scoping Study and flowsheet design.