Latest Mineral Resource Estimates News

Wia Gold has locked in A$125 million through a placement at A$0.425 per share, completing the funding package for its Kokoseb Gold Project in Namibia. This capital raise, alongside a proposed US$360 million debt facility, sets the stage for construction and first gold production targeted in late 2028.

InVert Graphite has delivered a maiden Mineral Resource Estimate of 32.2 million tonnes at 8.0% Total Graphitic Carbon for its Kumba Deposit in Tanzania, underpinning its Morogoro Project with a substantial near-surface graphite resource.

Moonlight Resources has completed its Phase 2 drilling at the Leo Grande Prospect, extending the gold mineralisation over more than 1km of strike and confirming broad, consistent gold intersections at its Clermont Gold Project in Queensland.

PTR Minerals has bolstered its leadership team by appointing mineral sands veteran Colin Bwye as Non-executive Director and elevating Rob Sennitt to Managing Director, aligning with its push to develop the high-grade Rosewood Titanium Project in South Australia.

Prospect Resources reveals significant copper extensions at Nyungu Central, with wide intercepts outside current resource boundaries, while maiden drilling at Sharamba shows promising visual mineralisation.

Polymetals Resources continues to confirm broad zones of high-grade silver-lead-zinc mineralisation at the Endeavor Mine’s upper Main Lode, with drilling results supporting an initial Mineral Resource estimate targeted for late 2026.

Black Canyon has confirmed a 400-metre southern extension to its Wandanya manganese project, delivering multiple high-grade manganese intercepts and advancing towards a maiden Mineral Resource Estimate in September 2026.

Beacon Minerals has delivered robust diamond drilling results at its Iguana deposit, confirming significant high-grade gold mineralisation and enhancing the geological model ahead of a resource update planned for Q1 FY26/27.

Kuniko Limited has fast-tracked its earn-in to a 51% interest in Impact Minerals’ Commonwealth-Silica Hill project, hitting the milestone a full year ahead of schedule after $1.5 million in exploration spend.

Horseshoe Metals has outlined a substantial copper Exploration Target of 20–30 million tonnes at its Horseshoe Lights Project, complementing an existing 12.85Mt resource, while gearing up for near-term Direct Shipping Ore operations.

Accelerate Resources' gravity survey reveals structural controls aligning with high-grade manganese outcrops at Woodie Woodie North, enhancing targeting for a maiden drill campaign.

Patagonia Lithium’s Well 8 at the Cilon project hit basement at 485m, delivering promising lithium assays and robust brine flow rates. Plans for porosity testing and a 72-hour pump test are underway to refine resource estimates.