Latest Mineral Resource Estimation News

Western Gold Resources has secured board approval to mine its wholly owned Gold Duke Project, backed by a $6.75 million oversubscribed placement and a robust updated resource estimate of 277,000 ounces of gold. Mobilisation is set for early 2026 as the company advances towards production.

Raiden Resources has secured an 85% stake in the Crixás Gold Tailings Project in Brazil, presenting a low-capital pathway to near-term gold production. Meanwhile, exploration advances at the Vuzel Gold Project in Bulgaria aim to boost resource ownership amid rising precious metals prices.

Turaco Gold has reported significant progress at its Afema Project in Côte d’Ivoire, with the December quarter delivering a 4.06 million ounce gold resource and promising drilling results pointing to further expansion in early 2026.

Far Northern Resources has resumed its Phase 2 drilling program at the Bridge Creek project in the Northern Territory, aiming to expand its gold resource. The company maintains a solid cash position, supporting ongoing exploration activities.

PC Gold has reported robust drilling results at its Spring Hill Gold Project, revealing multiple visible gold occurrences and new mineralised zones. An updated Mineral Resource Estimate is targeted for Q1 2026, supported by a photon re-assay program and advancing pre-feasibility studies.

Haranga Resources has made significant progress in its December 2025 quarter, advancing drilling and infrastructure at its Lincoln Gold Project in California and confirming high-grade gold mineralisation at its Ibel South Project in Senegal. A $14 million capital raise underpins these developments.

GreenTech Metals has completed a major acquisition of a 70% interest in the high-grade Munni Munni PGE-Cu-Ni Project in Western Australia, backed by a $5.2 million capital raise and a strengthened board. The company has commenced drilling to validate historical resources and aims for a JORC-compliant update in early 2026.

Cannindah Resources has delivered a strong quarter with significant drill results upgrading the Mt Cannindah copper-gold project, including a new Exploration Target at the Southern Target porphyry system.

Heavy Rare Earths Limited has secured all-minerals rights at its Prospect Hill project, paving the way for a maiden tin resource estimate, while new data from Radium Hill reveals an 8km corridor rich in uranium and rare earth elements.

Gorilla Gold has dramatically expanded its Comet Vale gold resource by 900%, boosting its Western Australian portfolio to 1.5 million ounces and securing $31.7 million in fresh capital to accelerate development.

Emmerson Resources has reported a significant increase in its White Devil gold resource at Tennant Creek and kicked off feasibility studies alongside a $6.9 million exploration budget for early 2026.

ASF Group Limited closed December 2025 with $1.91 million in cash and nearly four quarters of funding runway, while progressing key investments in mining, technology, and biotech sectors.