Latest Mineral Resource Estimates News

Rumble Resources has boosted its Western Queen gold mineral resource to 433,600 ounces, including a 54% jump in Indicated Resources and a fresh high-grade zone of 52,500 ounces at 11.3 g/t gold. The upgrade follows extensive drilling and will feed into a September Bankable Feasibility Study, keeping production on track for 2027.

Aguia Resources reports significant cost reductions and stable high-grade gold feed at its Santa Barbara Gold Project, despite a temporary dip in production as underground development advances.

Benz Mining has unveiled a maiden Exploration Target for its Glenburgh Gold Project, estimating up to 12 million ounces of gold largely defined by drilling. The project’s scale and geological setting support ambitions for a world-class gold system, with aggressive drilling planned to convert the target into a Mineral Resource by 2027.

Adavale Resources has reported assay results from 13 additional drillholes at its London-Victoria gold mine, confirming and expanding gold mineralisation beneath the historic open pit. The ongoing drilling program supports a larger mineralised system along the Parkes Thrust corridor, with promising metallurgical testwork and a planned resource update.

Lefroy Exploration’s metallurgical tests reveal up to 97% gold recovery from its Burns High-Grade Deposit, underpinning plans for a resource update by September 2026.

Canadian Phosphate (ASX: CP8) secured $5.2 million through a rights issue and follow-on placement, positioning itself to accelerate exploration and development across key projects in Canada and the US.

Everest Metals Corporation (ASX: EMC) has completed a 3,078m grade control drilling program at its Mt Dimer Taipan Gold Project, delivering multiple high-grade gold intersections and advancing mining operations ahead of a resource update targeted for Q3 2026.

Dundas Minerals has delivered high-grade gold assay results from 1m re-assays at its Rockland project near Kalgoorlie, validating a mineralised corridor extending over 2km from Capricorn through Rockland. The company is gearing up for extensive drilling to test depth extensions and linkages along this emerging gold system.

Mount Ridley Mines has confirmed that high-grade scandium mineralisation at its Grass Patch Complex extends beyond the current Block 1 resource in all directions, based on re-assays of 481 historical drill samples. This expansion supports a resource upgrade and highlights the project's strategic importance amid tightening global scandium supply.

Classic Minerals has launched Supreme Court proceedings to affirm its 80% beneficial interest in gold rights at the Forrestania Gold Project, aiming to secure legal clarity as it advances mining development.

Cauldron Energy has identified a large, previously undetected palaeochannel adjacent to its Bennet Well uranium deposit, expanding exploration potential at the Yanrey Uranium Project in WA.

Toubani Resources has delivered a fresh batch of high-grade gold intercepts from its Kobada Gold Project in Mali, reinforcing the project's potential as it gears up for a Mineral Resource Estimate update in Q3 2026.