Latest Mineral Resource Estimation News

Legacy Minerals has significantly expanded its Mt Carrington Mineral Resource Estimate to 47.9 million tonnes containing 1.6 million ounces gold-equivalent, boosting the Indicated category by 69% and setting the stage for an optimised scoping study.

Nordic Resources (ASX:NNL) has reported final assays from its 1H 2026 drilling in Finland, revealing record gold grades at Kopsa and significant resource extensions across its key gold projects. Metallurgical testing is underway, with updated resource estimates expected later this year.

Infinity Mining has reported standout exploration results with rock chips grading up to 48.7% antimony and 1.35g/t gold at its Victorian Tanjil Dome project, alongside high-grade copper and silver assays at its Hillside project in the Pilbara.

Terra Metals has significantly expanded its Southwest Discovery at the Dante Project with diamond drilling revealing a massive 448-metre continuous PGM-Cu-Ni mineralised interval. The company bolstered its leadership team and secured $20.8 million in fresh funding to accelerate exploration.

Metals Australia has reported maiden ore reserves and strong economic studies for its Lac Carheil Graphite Project in Quebec, with a combined after-tax NPV of AUD 2.56 billion, positioning the company for a strategic revaluation as it advances feasibility studies.

Berkeley Energia has reported a maiden inferred lithium and rubidium resource at its Conchas Project in Spain, alongside appointing former Endesa CEO José Bogas Gálvez to its board, while continuing a US$1.25 billion arbitration against Spain over its Salamanca uranium project.

Lunnon Metals boosts cash to $22.2 million as Lady Herial mining wraps up, launching a record $13 million exploration budget targeting up to 2.4 million ounces of gold at Foster-Baker.

WA1 Resources has bolstered its Luni Niobium Project’s Indicated Mineral Resource by 20 million tonnes and reported promising beneficiation testwork, setting the stage for its Pre-Feasibility Study due in Q4 2026.

Lodestar Minerals’ latest assays from a 12,000m drilling campaign at Ned’s Creek confirm robust high-grade gold mineralisation, supporting its 250,000-300,000 ounce Exploration Target and setting the stage for a maiden Mineral Resource Estimate later this year.

Pivotal Metals has boosted its Horden Lake Mineral Resource Estimate to 52 million tonnes at 1.05% copper equivalent, underpinning plans for a scalable open pit operation as it advances a scoping study and ongoing exploration at Belleterre.

Tungsten Mining has locked in a robust economic case for its Watershed project with a pre-tax NPV of A$1.31 billion and IRR near 200%, while launching its largest-ever drilling campaign at Mt Mulgine to underpin long-term growth.

High-Tech Metals has completed a major drilling program at Mt Fisher with promising early assays and delivered exceptional metallurgical recoveries at Wagtail, progressing both projects toward near-term production.