Latest Mineral Resource Estimation News

Cauldron Energy has taken a significant step forward at its Yanrey Uranium Project by signing a non-binding MOU with Uzbekistan’s Navoiyuran, while preparing for a major drilling campaign amid a shifting regulatory landscape in Western Australia.

Southern Hemisphere Mining has commenced its maiden drilling program at the Southern Porphyry target and updated its Llahuin Copper-Gold-Molybdenum Project resource to 218 million tonnes at 0.38% copper equivalent.

Resource Base Limited reports fresh tenement acquisitions in South Australia and a key board appointment, offset by the full impairment of its Quebec lithium projects. The company ends the quarter with a modest cash reserve and continues to explore new opportunities.

Diatreme Resources reported progress on its Northern Silica Project with key regulatory approvals and metallurgical successes, while agreeing to sell its Clermont Copper/Gold Project to Moonlight Resources, retaining a significant stake.

Mount Ridley Mines reports a maiden inferred gallium resource of 838.7 million tonnes at its Mt Ridley Project, marking a significant step in Australia's critical minerals landscape amid global supply chain shifts.

SQX Resources is set to acquire an 80% stake in AM6 Pty Ltd, gaining control of high-grade gold and silver projects in Montana and Arizona, with drilling programs slated to commence in December 2025.

Toubani Resources has made significant strides in advancing its Kobada Gold Project, reporting promising drilling results and securing a substantial A$395 million funding package to support project development.

Wia Gold Limited has delivered a robust Scoping Study for its Kokoseb Gold Project in Namibia, confirming strong production potential and cost efficiency. The company also secured A$30 million to accelerate exploration and development activities.

Alvo Minerals has confirmed significant zinc and copper anomalies at its newly discovered Touro Prospect within the Palma VMS Project in Brazil, positioning it as the next major drill target. Extensive geochemical and geophysical surveys underpin this promising development.

Resouro Strategic Metals has engaged Independent Trading Group to provide market-making services on the TSX Venture Exchange, aiming to enhance liquidity and trading efficiency for its shares. This move comes as the company continues to advance its significant Brazilian mineral projects.

Heavy Rare Earths Limited has completed the acquisition of an 80% interest in the Prospect Hill Tin Project, South Australia’s most advanced tin asset, setting the stage for a swift maiden resource estimate.

American Uranium Limited has kicked off Phase 1 of its resource expansion drilling at the Lo Herma ISR uranium project in Wyoming, backed by a $4.5 million capital raise led by strategic investor Snow Lake Energy. The company aims to update its resource estimate early next year as it advances towards production.