Latest Mineral Resource Estimation News

Mont Royal Resources reveals one of the largest fluorspar deposits globally at its Ashram Project, supported by historical test work showing high-grade acid-spar concentrate potential and shifting global supply dynamics.

Kuniko Limited has uncovered extraordinary high-grade silver and gold mineralisation at Silica Hill, extending the known system beyond previous limits and setting the stage for a major Phase 2 drill campaign.

Cannindah Resources has uncovered a significant new high-grade Southern Shoot at its Cannindah Breccia copper-gold deposit, expanding the known mineralised system well beyond current resource boundaries and offering fresh exploration upside.

Canadian Phosphate (ASX: CP8) has locked in a five-year exploration permit for its Wapiti Phosphate Project in British Columbia, setting the stage for immediate drilling and a refreshed JORC resource estimate by late 2026.

Tarrina Resources has validated historic high-grade gold mineralisation at its Christmas Gift project in NSW through initial diamond drilling results, revealing significant widths and grades that support further exploration.

Lefroy Exploration has revised its Mt Martin gold resource estimate to 460,000 ounces at 1.6 g/t, marking a 5% increase driven by economic reclassification and deeper inferred resources. The company is advancing a 4,000m drilling program targeting high-grade extensions, with a scoping study set for the June quarter.

Golden Deeps Ltd has reported significant progress at its Otavi Critical Metals Belt projects in Namibia, unveiling exceptional high-grade copper, silver, zinc, lead, germanium, and rare metal results from drilling and sampling at the Graceland prospect alongside resource expansions and ongoing exploration.

LinQ Minerals has pushed the high-grade gold and copper envelope at its Dam deposit, hitting a 114-metre intersection grading 1.19g/t gold equivalent, expanding the mineralised strike to over 400 metres. With nine more drill results pending, the Gilmore Project’s resource potential continues to intrigue.

Connected Minerals (ASX:CML) is set to acquire Frontier Group CRM, gaining control of an 80% interest in the Bailundo carbonatite project in Angola, boasting near-surface high-grade niobium and rare earth mineralisation. Backed by a $4.5 million capital raise, the company aims to fast-track exploration in this emerging critical minerals jurisdiction.

Australian Mines Limited has raised $3 million through a strategic placement led by Tribeca Investment Partners to fast-track its Flemington Scandium Project from scoping to pre-feasibility study, aiming to de-risk and advance permitting.

Avira Resources has cleared all major regulatory and heritage hurdles to kick off a 4,500-metre RC drilling campaign at its high-grade Mt Cattlin Gold Project, aiming for a maiden resource estimate by year-end.

Athena Resources is raising $3.5 million through a discounted share placement backed by major investors to fast-track drilling and feasibility at its Narryer magnetite project.