Latest Mineral Resource Estimation News

Elevra Lithium reports a 31% surge in spodumene concentrate production for FY25, alongside significant resource expansions and a clear growth roadmap post-merger.

Black Bear Minerals has completed the acquisition of the high-grade Shafter Silver Project in Texas, including $150 million in existing infrastructure, positioning itself strategically amid rising silver demand and geopolitical supply shifts.

VBX Limited reports consistent assay results from 129 infill drill holes at the Wuudagu B bauxite deposit, reinforcing its 2016 resource estimate and paving the way for inclusion in the upcoming definitive feasibility study. The deposit’s proximity to Guy Point offers potential cost savings in haul road construction.

Revolver Resources has upgraded its Dianne Copper Deposit resource with a 140% increase in Indicated material and a 26% rise in copper grade, setting the stage for a targeted mining restart in 2026.

Horizon Gold Limited has reaffirmed the strength of its Gum Creek Gold Project, boasting a 2.3 million ounce resource and progressing steadily towards a feasibility study completion in early 2026. The project’s strategic location and existing infrastructure underpin a rapid restart potential.

Cannindah Resources has reported a standout drill intercept of 120m at 1.16% copper equivalent from near surface at its Mt Cannindah Project, confirming significant resource extensions and high-grade continuity.

Aureka Limited has reported exceptional high-grade gold assay results from its St Arnaud Comstock Project, including a record 0.3m intercept grading 109g/t gold, extending mineralisation beyond current resource boundaries.

Accelerate Resources has reported exceptional high-grade manganese results from newly acquired exploration licenses at its Woodie Woodie North Project, revealing new mineralised corridors and expanding its resource potential.

Emmerson Resources has updated the Mineral Resource Estimate for its White Devil gold deposit, reporting 616,200 ounces with a significant increase in Indicated resources. Feasibility studies are now underway, marking a key step towards development.

Saturn Metals has mobilised additional drilling rigs at its Apollo Hill Gold Project following promising assay results that extend the high-grade Iris Trend by 900 metres and highlight potential to grow the 2.24 million ounce resource.

Strickland Metals reports strong diamond drilling results at its Shanac Deposit in Serbia, revealing extensive gold and base metals mineralisation and confirming potential for resource growth beyond 5.3Moz AuEq.

Brightstar Resources has received court approval to acquire Aurumin Limited, consolidating the Sandstone Gold Project and boosting its combined mineral resource to 2.4 million ounces. The acquisition positions Brightstar as a rising mid-tier gold producer in Western Australia.