Latest Mineral Resource Estimation News

Revolver Resources has completed a key drilling program at its Dianne Copper Mine Project, affirming resource estimates and progressing towards a targeted production restart in late 2026. The company also secured significant funding to support upcoming development milestones.

Aureka Limited’s recent drilling at the St Arnaud Comstock Project has revealed multiple visible gold occurrences, hinting at potential expansion of its current gold resource. Assay results are pending, but the findings could pave the way for increased resource estimates and future production.

Iltani Resources has reported a maiden Mineral Resource Estimate for its Orient West Silver-Indium Project alongside record high-grade drill results at Orient East, supported by $8 million in new funding from Queensland Investment Corporation.

Carnavale Resources has significantly upgraded its Kookynie Gold Project with a new resource estimate and scoping study, underpinning strong economics and a clear path to production. A $3 million placement and a $4.09 million entitlement offer support advancing to a Bankable Feasibility Study in 2026.

Eastern Resources has secured a farm-in agreement to earn up to 80% interest in Queensland’s Marengo Gold Project, boasting impressive historic gold and copper grades. Meanwhile, lithium anomalies at its Trigg Hill project hint at further exploration potential.

ActivEX Limited reports progress on multiple Queensland mineral projects, including a major drilling campaign at Gilberton and advancing rare earth exploration, while managing its portfolio through asset sales and loan facility extensions.

Rincon Resources has completed a significant drilling campaign at its Telfer South Gold Project, testing extensions well beyond its initial resource footprint, while early Laverton drilling results show modest gold grades. Assay results expected soon will be pivotal for the company’s next exploration phase.

Ballard Mining accelerates exploration at its fully permitted Mt Ida Gold Project, revealing a substantial new exploration target alongside a robust existing resource base.

Ballard Mining has raised $20.6 million through a premium share placement led by new strategic investor Aurenne Group Holdings, aiming to accelerate exploration and resource growth at its Mt Ida Gold Project. A new, substantial October 2025 Exploration Target highlights significant upside beyond the existing mineral resources.

IRIS Metals’ Phase II drilling at the Tin Mountain Project confirms exceptional lithium grades and unveils critical minerals like rubidium, positioning the company as a key player in the US critical minerals landscape.

PhosCo Ltd reports a significant 50.5m phosphate intersection at its KM prospect in Tunisia, reinforcing strong project economics and prompting a potential acceleration of production schedules.

Dundas Minerals has leveraged advanced AI technology to identify multiple high-priority gold targets beneath shallow cover in its Gerry Well Greenstone Belt tenements, signaling a promising new chapter in its exploration journey.