Latest Mineral Resource Estimation News

Ballard Mining has raised $61 million through a well-supported placement to fund an aggressive drilling program and early development works at its Mt Ida Gold Project, positioning the company for a Final Investment Decision.

Elementos Limited has confirmed significant extensions of tungsten and rubidium mineralisation at its Cleveland Tin Project, with new assay results from historic drill core set to feed into an updated resource estimate due next month.

Delta Lithium Limited reports strong drilling results at its Mt Ida and Yinnetharra projects, alongside successful production of battery-grade lithium carbonate and a robust financial position.

Neometals has reported promising gold assay results from its Barrambie drilling program and secured substantial conditional funding for its Vanadium Recovery Project in Finland, while progressing new critical minerals opportunities in the US.

Pivotal Metals has raised $5.4 million, including $1.1 million in non-dilutive funding, to ramp up exploration across its Québec copper, gold, PGM, and nickel projects, unveiling multiple high-priority drill targets and advancing resource optimisation at Horden Lake.

Prodigy Gold NL reported significant gold intercepts from its Tanami North Project, alongside environmental baseline studies and a new 3D structural collaboration with CSIRO, positioning the company for future mining development.

MGX Resources Limited reported resilient December quarter results despite a major rockfall at Koolan Island, generating $15 million in free cashflow and advancing its acquisition of a 50% stake in the high-grade Central Tanami Gold Project.

Sentinel Metals has uncovered detailed geological logs and core from six historical diamond drill holes at its Columbia Gold Project, providing fresh insights that are refining its maiden drilling plans set for March 2026.

Legacy Minerals has locked in $4 million through an underwriting agreement to ensure full exercise of its listed options, bolstering its cash reserves to $10 million for advancing exploration at Mt Carrington.

PTR Minerals reports exceptional heavy mineral assay results from 47 drill holes at its Rosewood Titanium Project, confirming thick, high-grade mineralisation and advancing metallurgical testing ahead of a maiden resource estimate due in Q2 2026.

OzAurum Resources has lodged a key mining proposal for its Mulgabbie North Gold Project, outlining a low-capital, staged heap leach development with strong metallurgical recoveries and an owner-operator model to control costs amid record gold prices.

Odyssey Gold Limited has reported further drilling success at its Tuckanarra Gold Project in Western Australia, extending mineralisation beyond existing resource boundaries. The latest results highlight promising gold intercepts at the Cable and Bollard deposits, supporting potential resource growth.