Latest Mineral Resource Estimation News

Godolphin Resources has revealed promising high-grade gold and copper assays from two new prospects outside its established Lewis Ponds resource, signaling significant potential for resource expansion.

Coolabah Metals Limited is set to transform into a producing miner with its $15-20 million capital raise, conditional on acquiring Broken Hill Mines Pty Ltd and resuming ASX trading.

Cobre Limited has delineated a significant new zone of copper and silver mineralisation at its Ngami Copper Project in Botswana, advancing its resource development plans. The company has engaged WSP to prepare a Mineral Resource Estimate, underpinning its innovative In-Situ Copper Recovery strategy.

Strickland Metals reports robust diamond drilling results at its Gradina Prospect, extending high-grade gold mineralisation and setting the stage for a maiden resource estimate in late 2025.

Bubalus Resources has secured heritage clearance for a key 40-hectare area at its Yinnietharra Lithium Project, paving the way for exploration drilling at the promising Malinda East target adjacent to a major lithium deposit.

Brazilian Critical Minerals has achieved a significant breakthrough in its Ema rare earths project by demonstrating rapid hydraulic permeability using in-situ recovery techniques, a crucial step towards commercial mining.

Cauldron Energy has launched a fully underwritten entitlement offer to raise nearly $2 million, aiming to advance its Yanrey Uranium Project amid growing global uranium demand and hopes for regulatory change in Western Australia.

Adavale Resources plans a significant 20:1 share consolidation to streamline its capital structure and attract institutional investors, coinciding with promising exploration progress at its Parkes Gold and Copper Project.

Dateline Resources Limited has updated its scoping study for the Colosseum Gold Project in California, incorporating a revised gold price of US$2,900/oz that significantly enhances the project's economic outlook. The study confirms robust project fundamentals and sets the stage for a Definitive Feasibility Study.

Great Boulder Resources has confirmed new gold discoveries at its Side Well South project and extended the Eaglehawk deposit by 200 metres, reinforcing the potential for resource growth at its flagship Side Well Gold Project in Western Australia.

Horseshoe Metals is close to completing infrastructure upgrades at its Horseshoe Lights project, setting the stage for imminent copper Direct Shipping Ore operations and gold processing activities.

Aureka Limited has announced a maiden inferred JORC Mineral Resource for its Comstock Prospect in Victoria, boosting its global gold inventory by 19% to over 360,000 ounces. The company is actively drilling to expand this resource amid a favourable gold price environment.