Latest Mineral Resource Estimation News

Boss Energy reports a successful ramp-up at its Honeymoon and Alta Mesa uranium projects, achieving first free cash flow and maintaining production and cost guidance for FY2025 amid a complex market backdrop.

MRG Metals has advanced its Mozambique joint venture with Sinowin Lithium, securing the Corridor Central mining licence and confirming high-grade heavy mineral sands at Marao’s Magonde target through recent assay results.

Prodigy Gold has updated its Hyperion Gold Deposit resource, increasing gold ounces by 7% to 435,000 oz, supported by promising metallurgical testwork indicating high recoveries. The Tanami North Project now holds nearly half a million ounces of gold resources, setting the stage for further development.

Savannah Goldfields is advancing plans to resume gold production by July 2025, backed by a $9.1 million capital raise and strategic leadership appointments. The company aims to capitalise on high gold prices by processing stockpiled ore at its Georgetown plant before restarting mining operations.

Emerald Resources NL reported a solid March quarter with 19.1Koz gold production at Okvau, full debt repayment, and significant resource expansions at its Cambodian and Australian projects.

Metal Bank Limited has reported a substantial 73% increase in its Livingstone Gold Resource in Western Australia, while progressing exploration and development initiatives across Australia, Jordan, and Saudi Arabia, supported by a $275k Queensland government grant for graphite.

Carnaby Resources has launched a maiden drilling campaign at the Trekelano Copper Gold Project, aiming to bolster its Greater Duchess Pre-Feasibility Study and unlock further resource potential.

Pivotal Metals has reported a substantial 43% increase in the in-pit copper equivalent resource at its Horden Lake Project, reinforcing its position as a leading high-grade, shallow copper deposit on the ASX. The updated Mineral Resource Estimate highlights strong by-product credits and ongoing exploration upside.

Strickland Metals reports a substantial 2Moz AuEq increase in Serbia’s Rogozna Project resources and a near doubling of gold ounces at Western Australia’s Yandal Project, backed by a $5 million strategic placement from Zijin Mining.

Maronan Metals reports robust assay results confirming extensive high-grade silver-lead mineralisation and promising copper-gold intercepts, alongside progress in mine development with a Mineral Development Licence application.

Buxton Resources reports a 345% increase in contained graphite at its Graphite Bull Project and confirms IGO's $5.35 million commitment to expand its Copper Wolf JV interest to 70%.

Boss Energy’s March quarter report reveals a successful ramp-up at its Honeymoon Uranium Project, delivering its first free cash flow and beating cost guidance, while strategic investments and exploration progress position the company well amid a tightening uranium market.