Latest Mineral Resource Estimation News

Far East Gold has boosted its stake in the Idenburg Gold Project to 51%, revealing a 44% increase in inferred gold resources to 780,000 ounces. The company’s Independent Board Committee advises shareholders to reject an unsolicited takeover bid from Xingye Gold, which an expert deems undervalues the company.

PTR Minerals has unveiled a substantial maiden Mineral Resource Estimate for its Rosewood Titanium Project, highlighting a large, high-grade heavy mineral deposit with strong metallurgical potential and strategic team expansions.

Brightstar Resources has greenlit full-scale construction of its Goldfields Project with all key approvals in place, targeting first gold in mid-2027 while boosting its Sandstone resource base to 2.9 million ounces.

Cauldron Energy’s latest passive seismic survey reveals the Manyingee palaeochannel extends further northwest into its tenements, spotlighting new uranium mineralisation potential at Yanrey.

McLaren Minerals’ 2026 drilling at its Western Australia titanium project delivers broad, repeatable heavy mineral grades averaging 3.76% over 21 metres from surface, reinforcing resource continuity and advancing feasibility plans.

Oceana Metals has validated extensive high-grade rare earth mineralisation at its Serra Negra project in Brazil, underpinning a major drilling campaign backed by a $20 million capital raise.

Lightning Minerals has executed a strategic reset focusing on Australian gold and critical minerals, securing $1.85 million to accelerate exploration at its flagship Mt Turner and Warby Tungsten projects. Key technical milestones include an independent petrology study validating Mt Turner's gold system and promising tungsten assay results at Warby.

Resouro Strategic Metals has filed a comprehensive NI 43-101 Technical Report that underpins its Preliminary Economic Assessment for the Tiros Titanium and Rare Earths Project in Brazil, confirming robust economics and a capital-efficient staged development strategy.

Horizon Gold's Definitive Feasibility Study for the Gum Creek Project outlines a 10-year open pit mine with robust production targets, strong financial metrics, and significant exploration progress, backed by a $30 million capital raise.

Asara Resources secured a A$60 million placement to fund an intensified drilling campaign at its flagship Kada Gold Project in Guinea, reporting significant high-grade gold intercepts and key leadership appointments to drive its growth strategy.

Verity Resources’ first-pass aircore drilling at the Monument Gold Project has confirmed gold mineralisation across a 9km banded iron formation corridor, expanding the footprint beyond its existing 137,700oz Korong–Waihi Mineral Resource.

Carnaby Resources has agreed to a scheme of arrangement with Evolution Mining, offering shareholders a 60.4% premium and exposure to Evolution’s portfolio, while reporting significant new high-grade copper-gold results at its Greater Duchess project.