Latest Mineral Resource Estimation News

Rumble Resources has received the second $5 million milestone payment from Elemental Royalty and satisfied a key condition for its ore toll milling agreement, positioning the Western Queen project for pre-development.

Ardea Resources delays the final report for its Kalgoorlie Nickel Project’s Goongarrie Hub DFS beyond June 2026 while initiating a new scandium scoping study, maintaining strong government backing and consortium funding.

Latitude 66’s latest drilling results at the Laverton Gold Project reveal strong and consistent gold mineralisation with significant potential to grow resources at Tin Dog and Red Dog. A maiden Mineral Resource Estimate for Tin Dog is expected in Q3 2026.

Avira Resources has kicked off a 4,500-metre reverse circulation drilling program at its Mt Cattlin Gold Project in Western Australia, aiming to expand known high-grade zones and test new prospects ahead of a maiden resource estimate.

Resouro Strategic Metals has locked in a binding agreement with Future Mining and Buri Gold to fund and operate mining and processing at its Novo Mundo gold project in Brazil, aiming to generate cash flow without diverting capital from its flagship Tiros project.

Challenger Gold has poured its first gold bar from the Hualilán project in Argentina, initiating a production ramp-up under a toll milling agreement that secures processing capacity for three years.

Carnaby Resources has uncovered a significant new shallow mineralised shoot, the Miniboom Lode, at its Mount Hope Central site within the Greater Duchess Project, delivering a standout 232m at 1.3% copper equivalent from surface.

Black Bear Minerals has engaged Ausenco for detailed restart studies at its Shafter Silver Project, while securing a non-binding financing support letter from Export Finance Australia to explore funding pathways aligned with U.S.-Australia critical minerals priorities.

Minrex Resources has kicked off a fully funded 7,000-metre drilling program at its high-grade Barje Deposit in Serbia, aiming to convert inferred resources to indicated and update project economics by year-end.

Sunstone Metals continues to expand its Bramaderos gold-copper resource in Ecuador, with recent drilling at Porotillo delivering long, consistent mineralised intersections outside the existing 3.6Moz resource. The company aims to upgrade a significant exploration target to a JORC resource later this year.

WIN Metals has boosted its Radio Gold Project resource by 21% to 49,600 ounces at 4.2 g/t, underpinning plans for a near-term development decision backed by increased resource confidence and ongoing mining studies.

Lachlan Star has delivered further high-grade gold hits from its maiden diamond drilling at New Waverley, confirming a shallow, continuous quartz vein system with strike potential beyond 800 metres. A substantial reverse circulation drilling campaign is poised to expand the discovery.