Latest Mineral Resource Estimation News

Strata Minerals delivered strong maiden drilling results at its Zelica Gold Project, confirming consistent shallow high-grade gold mineralisation over a 1km strike. The company consolidated its landholding with the acquisition of Zelica South, extending the gold corridor to 10km and commencing follow-up exploration.

Marquee Resources has significantly increased its Mt Clement inferred antimony resource and is advancing drilling and strategic partnerships to develop its flagship project.

Future Metals has trimmed pre-production capital for its Panton PGM Project by approximately A$74 million through an independent engineering assessment of the Savannah processing facility. Further savings are possible by shifting crushing and ore sorting to Panton, while rising platinum group metal prices bolster project economics.

Encounter Resources (ASX:ENR) has reported a major 83% increase in the Green deposit’s inferred niobium resource at its Aileron project, lifting the combined inferred mineral resource by 54%. Meanwhile, copper-gold drilling advances in the Paterson Province as the company targets Havieron-style systems.

Adavale Resources reports strong assays from initial drillholes at London-Victoria, revealing high-grade northern lodes and broad southern mineralisation that underpin resource growth potential.

Pivotal Metals has kicked off drilling at its Belleterre projects and reported promising metallurgical testwork at Horden Lake, supporting an upcoming resource update and scoping study.

Riedel Resources has confirmed high-grade gold and silver at its Kingman Project with new drilling results and advanced exploration plans, while moving to acquire controlling interests in two large Western Australian gold projects backed by a $2.5 million equity raise.

Terra Metals has unveiled a significant platinum group metal sulfide system at its Southwest Prospect within the Dante Project, backed by robust assay results and a strong cash position following a recent $85 million capital raise.

Saturn Metals has pressed forward with its Apollo Hill Gold Project, appointing Ausenco for the Definitive Feasibility Study and uncovering significant high-grade gold in the emerging Titan Zone, underpinning resource growth potential.

Atomic Eagle Limited has boosted its Muntanga Uranium Project resources by 24%, declared a maiden Ore Reserve, and confirmed project viability through an independent engineering review, setting the stage for a major drilling campaign.

Resolution Minerals is set to kick off a major 13,700-metre diamond drilling program at its Golden Gate project in Idaho, aiming to expand gold discoveries and delineate tungsten mineralisation near historical workings.

Asara Resources has reported robust drilling results at its flagship Kada Gold Project in Guinea, confirming extensions to mineralisation and expanding the resource footprint. The company is also progressing regional exploration and advancing a key acquisition, maintaining a solid cash position to fund ongoing work.