Latest Mineral Resource Estimation News

BMG Resources has secured $600,000 through a strategic share placement to advance its Western Australian gold projects, focusing on a scoping study at Abercromby and further drilling at Bullabulling.

Kairos Minerals has revealed a significant new gold discovery at its Mt York project in Western Australia, highlighted by a 53m intercept grading 1.45 g/t Au near Main Hill. This breakthrough could materially expand the project’s 1.4 million ounce resource base.

Aldoro Resources has unveiled promising assay results from its Kameelberg project in Namibia, revealing high-grade niobium mineralisation and extending the deposit to approximately 1,100 meters. These findings reinforce the project's potential as a significant polymetallic resource.

Manuka Resources has confirmed a maiden Probable Ore Reserve of 290,000 tonnes at 4.2g/t gold for its Mt Boppy Open Pit, adding approximately 39,000 ounces to its Cobar Basin production plan. The project delivers a robust pre-tax NPV8 of A$43.2 million and an IRR of 64%, with ore to be processed at the existing Wonawinta plant.

Beacon Minerals has updated the Laterite Mineral Resource at its Iguana Deposit, reporting 1.2 million tonnes at 0.92 g/t gold for 36,000 ounces. This upgrade enhances confidence in the Lady Ida Project’s near-surface gold potential ahead of an ore reserve estimate expected next year.

Hawthorn Resources has initiated an extensive 8000m reverse circulation drilling program at its Anglo-Saxon gold project, aiming to enhance resource confidence and explore expansion opportunities following a positive pit optimisation study.

Variscan Mines has successfully raised A$2.5 million through a two-tranche placement to advance its high-grade zinc projects in Spain and pursue a strategic earn-in on promising zinc assets in Ireland.

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

Horseshoe Metals advances its Horseshoe Lights copper-gold project with mining approval secured, site mobilization underway, and new drilling planned to expand resources.

Stellar Resources has confirmed that large-scale X-Ray Transmission ore sorting trials at its Heemskirk Tin Project significantly increase tin head grade while reducing processing costs. The promising results are now shaping the project's Prefeasibility Study.

Caprice Resources has confirmed further high-grade gold intercepts and new mineralised zones at its Island Gold Project, extending known mineralisation and boosting confidence ahead of a fully funded Phase 4 drilling campaign.

Gorilla Gold reports outstanding initial metallurgical results from its Lakeview Prospect at Comet Vale, achieving 97.5% gold recovery and gearing up for an expanded drilling campaign targeting a maiden resource estimate in Q4 2025.