Latest Mineral Resource Estimation News

Aldoro Resources has boosted the Kameelburg rare earth project’s Mineral Resource Estimate to 804.5 million tonnes, now hosting 1.37 million tonnes of contained NdPr oxide; exceeding key western-world deposits. The maiden Indicated Resource and robust metallurgical testwork set the stage for development.

Canterbury Resources has reported consistent assay results from initial drilling at its Briggs Copper Project, supporting a significant resource upgrade and ongoing Pre-Feasibility Study, while gearing up for a new drilling campaign at the Monto Project's John Hill deposit.

American Uranium has lifted its Lo Herma uranium resource to nearly 10 million pounds U3O8, with a 72% jump in Indicated Resources and a stronger base ahead of a Q4 2026 scoping study.

Hot Chili Limited expands its Costa Fuego copper-gold project with significant drilling success at La Verde, underpinning a strong Preliminary Feasibility Study and strategic water infrastructure plans.

Austral Resources Australia Ltd has lodged a binding proposal to acquire Hammer Metals, offering a 29.9% premium over a rival bid and proposing a SpinCo demerger of Hammer's WA gold assets. The deal would create a larger, more diversified Queensland copper producer with operational synergies and enhanced exploration potential.

Horizon Gold has reported a series of broad, high-grade gold intercepts from recent RC drilling at its Gum Creek Project in Western Australia, reinforcing the potential for resource expansion near its planned processing plant.

Patagonia Lithium has received an interim technical report confirming promising porosity and lithium assay results from seven wells, setting the stage for a final resource estimate after well eight completion.

Moonlight Resources has kicked off its first reverse circulation drilling campaign at Peak Downs in central Queensland, aiming to validate historic high-grade copper mineralisation and unlock the potential of a largely underexplored system.

Golden Horse Minerals is set to showcase its dominant Southern Cross tenements and robust drilling success at the upcoming Diggers and Dealers Mining Forum. The company underscores proven gold production and a growing exploration pipeline ahead of a maiden resource estimate.

Yari Resources is set to double its coal resources in Queensland’s Bowen Basin through the acquisition of the Arcadia Coal Project, complementing its Rolleston South asset and advancing a district-scale consolidation strategy.

FireFly Metals has delivered a fresh wave of high-grade copper and gold drilling results at its Green Bay project in Canada, setting the stage for an updated Mineral Resource Estimate and a Preliminary Economic Assessment due by the end of August 2026.

Toubani Resources has moved the Kobada Gold Project firmly into its construction phase, with key infrastructure nearing completion and financing arrangements ready for drawdown.