Latest Mineral Resource Estimation News

Odyssey Gold has reported strong reverse circulation drilling results at its Tuckanarra Project, reinforcing the existing resource model and advancing plans for a resource upgrade. The Highway Deposit continues to demonstrate promising grade continuity and open pit potential.

DPM Metals has announced a substantial inferred mineral resource at its Rakita Camp in Serbia, highlighting 2.6 million ounces of gold and 1.9 billion pounds of copper. This milestone underscores the camp's potential as a district-scale gold-copper system with promising growth prospects.

Adavale Resources has launched a technically advanced second phase drilling campaign at its London-Victoria Gold Mine, aiming to expand the gold resource beyond current estimates. Led by new Managing Director David Ward, the program builds on promising initial results and structural insights.

Zuleika Gold Limited has nearly doubled the mineral resource at its Credo Well Gold Project to 22,500 ounces, with mining lease applications underway and detailed mining studies planned for next year.

FireFly Metals has successfully raised over C$30 million through a Canadian bought deal and approximately A$106.5 million via an Australian equity raise to fund key development and exploration at its Green Bay Copper-Gold Project in Newfoundland.

Unico Silver Limited has reported strong high-grade silver and gold assay results from infill drilling at its Joaquin Project in Argentina, confirming mineralisation continuity and expansion. These results underpin the company’s ongoing feasibility study and resource upgrade plans.

VBX Limited has released assay results from 28 infill drilling holes at its Wuudagu CNN bauxite deposit, confirming consistency with previous resource estimates and aiming to boost confidence for inclusion in the upcoming definitive feasibility study.

Barton Gold Holdings has reported robust high-grade gold assay results from infill drilling at its Tunkillia S1 Starter Pit, reinforcing the project's strong grade potential and underpinning a projected A$825 million operating profit in the first year.

Astral Resources has completed a comprehensive in-fill drilling program at its flagship Theia Deposit within the Mandilla Gold Project, confirming robust high-grade gold mineralisation that underpins the Stage 1 starter pit. The results reinforce the project’s strong economic potential as it advances towards production.

American Uranium Limited has completed key hydrogeological testing at its Lo Herma ISR uranium project, with drilling advancing resource expansion ahead of 2026 updates.

Patagonia Lithium has reported successful initial brine extraction and core sampling at its Formentera lithium project in Argentina, marking steady progress in its drilling campaign. Early results indicate favorable porosity and brine characteristics that support ongoing exploration efforts.

Native Mineral Resources Holdings Limited has entered a binding joint venture with Haoma Mining NL to develop the Ravenswood Gold Project, leveraging NMR’s Blackjack Operations as a regional processing hub.