Latest Mineral Resource Estimation News

Tāiko Critical Minerals has locked in a key 304-hectare land parcel for its Barrytown project with an $18 million conditional purchase, clearing a major hurdle towards mining and production targets.

Norfolk Metals has released a JORC 2012 Mineral Resource Estimate for its Chilean Ciclón Copper Project, revealing a substantial 11.8 million tonnes at 2.88% copper equivalent, with significant exploration upside and a transaction closing targeted for August 2026.

West Wits Mining has locked in a comprehensive ZAR 1.115 billion project finance package with Absa Bank and Nedbank CIB, clearing a critical hurdle toward steady-state gold production at Qala Shallows by late 2028.

Alligator Energy has secured a crucial option to acquire a lease enabling expanded exploration at its Samphire Project while addressing ASX concerns over recent trading linked to a Mineral Resource Estimate update.

Chilwa Minerals has more than doubled the Mineral Resource at its Mpyupyu heavy mineral sands deposit to 109.6 million tonnes, with nearly 90% now in Measured and Indicated categories, setting the stage for potential development within its Chilwa Critical Minerals Project in Malawi.

McLaren Minerals reports exceptional heavy mineral assay results from its ongoing drilling at the McLaren Titanium Project, with bonanza grades up to 34.6% HM and promising extensions beyond current resources.

Avira Resources has completed 1,308 metres of reverse circulation drilling across the Maori Queen and Plantagenet prospects at Mt Cattlin, submitting initial samples for assay as it targets a maiden resource estimate by year-end.

Aguia Resources has rapidly converted its Pampafós phosphate fertiliser project into commercial sales, securing AUD 600,000 in revenue within 14 days, anchored by a 2,000-tonne contract with a leading Brazilian agricultural cooperative.

Terra Metals’ latest drilling confirms a large-scale, continuous PGM-Cu-Ni-Co sulfide system at its Southwest Prospect, extending the mineralised footprint beyond the existing Dante resource and setting the stage for a maiden Southwest Mineral Resource Estimate later this year.

TechGen Metals has secured A$2.7 million through an oversubscribed placement to fast-track maiden drilling at its flagship Blue Devil copper-gold project in WA, alongside advancing exploration at Dalgaranga and John Bull gold assets.

Red Metal’s large-scale column leach tests confirm high rare earth recoveries from coarsely crushed Sybella ores using weak sulphuric acid, underpinning a low-cost heap leach development pathway.

CuFe Limited has dramatically increased the confidence in its Gecko Copper-Gold Deposit at Tennant Creek, raising the Indicated resource category from 4% to 66%, enabling more robust economic evaluation and mine planning.