Latest Mineral Resource Estimation News

Variscan Mines has successfully completed the majority of the second tranche of its $2.5 million capital raise, issuing over 330 million shares and nearly 200 million options to support its zinc-lead project in Spain.

Variscan Mines has completed a detailed 3D laser survey at its Udías Mine, revealing extensive under-explored zones and confirming a geological connection to the San Jose Mine. This breakthrough supports ongoing drilling and promises to enhance future resource estimates and mine planning.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d’Ivoire, including a standout 1m at 152.35 g/t gold. The company is expanding its drilling fleet and advancing towards major resource updates and a pre-feasibility study.

Barton Gold Holdings has initiated a Definitive Feasibility Study for Stage 1 production at its Challenger Gold Project, aiming to leverage existing infrastructure for commissioning by the end of 2026. The project will begin with tailings reprocessing before transitioning to fresh ore mining.

Hastings Technology Metals has signed a binding agreement to sell its gold assets to Metal Bank Limited in a share-and-cash deal, marking a strategic pivot towards rare earths and niobium development.

Mt Malcolm Mines has launched a comprehensive JORC-compliant Mineral Resource Estimation for its Malcolm Gold Project in Western Australia, leveraging strong recent drilling and bulk sampling results. The initiative aims to underpin future resource growth and development in a prolific gold district.

Eastern Resources Limited has secured a farm-in agreement to earn up to 80% interest in Queensland’s Marengo Gold Project, a historically rich goldfield with promising high-grade assays and multiple exploration targets.

Broken Hill Mines has completed underground access to the high-grade Main Lode ore body at its Rasp Mine, delivering exceptional drilling results and targeting first ore extraction by November 2025.

Terrain Minerals has reported robust high-grade gold intersections from its latest drilling at the Lightning prospect within the Smokebush Project, reinforcing the potential for a significant new gold system in Western Australia.

Venari Minerals has completed a $4.1 million placement, bolstering its efforts to advance key lithium and gold projects, including a maiden resource estimate at Red Mountain.

Encounter Resources has announced an initial inferred copper resource of 2.9 million tonnes at 0.8% copper at its Yeneena Project in Western Australia, highlighting the potential of the extensive Parbo copper system and setting the stage for further drilling in 2026.

Aldoro Resources has announced a significant 85% increase in the inferred mineral resource at its Kameelburg Rare Earth Element-Niobium project in Namibia, now totalling 520.61 million tonnes at 2.49% TREO equivalent. This positions Kameelburg as a globally strategic deposit with substantial high-grade zones and excellent infrastructure access.