Latest Mineral Resource Estimation News

Stavely Minerals advances exploration in the Stavely Volcanic Belt with fresh drilling at key gold prospects and a strong copper-gold-silver resource base, signaling potential growth in energy metals.

Sun Silver Limited has obtained regulatory approval for 90 additional drill pads at its Maverick Springs Silver-Gold Project in Nevada, enabling uninterrupted drilling to support resource upgrades and metallurgical testing through 2025.

Western Yilgarn Limited has announced a maiden JORC Inferred Mineral Resource of 16.57 million tonnes at its Cardea 3 Bauxite Project, boosting its total bauxite portfolio to 205 million tonnes across Western Australia.

Medallion Metals reports standout gold and copper assays from Harbour View infill drilling, reinforcing resource confidence ahead of a July update and advancing its strategic Forrestania acquisition.

Arrow Minerals has completed key scoping studies for its Niagara Bauxite and Simandou North Iron projects but has halted operations in Guinea due to unclear exploration permit status.

Iltani Resources has intersected multiple high-grade silver-indium zones in diamond drilling at its Orient West project, advancing towards an initial JORC resource estimate by July's end. These results reinforce Orient's status as Australia's premier silver-indium discovery.

Prospect Resources reports promising Phase 2 drilling results at its Mumbezhi Copper Project in Zambia, highlighting significant copper intersections and expanded exploration initiatives. The company’s collaboration with First Quantum Minerals and structural experts underpins its ambition to substantially grow the project’s resource base.

Equinox Resources Limited has launched a prospectus offering up to 21.8 million quoted options, including free-attaching options to placement participants and options to the lead manager as part of a strategic capital move. The offer aims to support key project developments across Brazil, Canada, and Australia, while navigating a complex risk landscape.

Askari Metals has acquired full ownership of the advanced Nejo Gold Project in Ethiopia, positioning itself in a prolific gold-copper region with significant exploration upside. The company plans systematic drilling to validate historical high-grade results and fast-track a maiden JORC resource estimate.

Rox Resources reports ahead-of-schedule dewatering and compelling high-grade drilling results at Youanmi, alongside strong interest in project debt financing, signaling a clear path toward production.

Alkane Resources reports promising drilling outcomes at its Northern Molong Porphyry Project, highlighting extensions of gold-copper mineralisation at Boda-Kaiser and Driell Creek. The company outlines a robust exploration program with further geophysical surveys and drilling planned.

Mithril Silver and Gold Limited has expanded its flagship Copalquin Project in Mexico, revealing an 8-kilometre-long, high-grade gold-silver system and ramping up drilling activities across multiple targets.