Latest Mineral Resource Estimation News

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.

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.

Macarthur Minerals has extended the timetable for its A$2 million renounceable rights issue, providing shareholders more time to participate amid ongoing regulatory scrutiny by ASIC.

BMG Resources has signed a key Memorandum of Understanding to process ore from its Abercromby Gold Project at the nearby Matilda Processing Plant, marking a pivotal step toward production. This agreement supports BMG’s transition from developer to gold producer amid a strong gold price environment.

Gorilla Gold reports significant high-grade gold assay results expanding the King Kong lode at its Comet Vale Project, with drilling ramping up ahead of a major resource update planned for Q4 2025.

Haranga Resources’ due diligence sampling at the Lincoln Gold Project confirms robust, high-grade gold assays, underpinning confidence in upcoming drilling and resource estimates. The historic data integrity and assay consistency pave the way for the Phase 1 diamond drill program planned for August 2025.

Anson Resources has expanded its Green River Lithium Project in Utah by acquiring 100 new placer claims, increasing the landholding by 10% and identifying promising re-entry targets in historical wells to potentially enhance lithium resource estimates.

Minerals 260’s latest drilling results at the Bullabulling Gold Project reinforce the 2.3 million ounce resource and reveal promising extensions at depth and along strike. The ongoing 80,000m program is on track to deliver an updated resource estimate by year-end.

Golden Cross Resources has completed an extensive surface geochemistry sampling program at its Copper Hill project in NSW, revealing isolated copper and gold anomalies that refine exploration targets.