Latest Mineral Resource Estimation News

Rox Resources has announced a significant upgrade to the Youanmi Gold Project’s underground resource, boosting contained gold by 21% and increasing grade to 6.0 g/t, setting a robust foundation for its upcoming Definitive Feasibility Study.

Magnetic Resources NL has reported a significant 22% increase in gold resources at its Lady Julie Gold Project, now containing over 2.14 million ounces, while securing a key Native Title Agreement that clears the path for mining leases and development.

Ordell Minerals has raised $3.85 million through a discounted share placement to accelerate drilling at its Barimaia Gold Project and initiate exploration at Goodia and Fisher South in Western Australia.

Askari Metals has identified significant high-grade copper mineralisation in historic drilling at its newly acquired Nejo Gold Project in Ethiopia, revealing promising exploration upside in a prolific mineral belt.

Metals Australia Ltd has significantly expanded its Lac Carheil graphite project resource with a 595% increase in graphitic carbon intercepts, setting the stage for an updated Mineral Resource Estimate and advanced mine planning.

Saturn Metals has announced a substantial 10% increase in the Apollo Hill Gold Project resource, now totaling 2.24 million ounces with a strong majority classified as Measured and Indicated. This upgrade underpins upcoming feasibility studies and highlights ongoing exploration potential in Western Australia.

James Bay Minerals reports promising drill results from its Independence Project in Nevada, revealing significant extensions of high-grade gold, silver, and copper mineralisation beyond the current near-surface resource estimate.

Freehill Mining is progressing towards restarting operations at its Yerbas Buenas magnetite mine with a targeted six-month timeline, while exploration at the adjoining El Dorado project reveals promising magnetite and copper-gold potential.

CuFe Ltd has enhanced the confidence level of its Orlando deposit resource at Tennant Creek, increasing the Indicated classification from 42% to 56% following a rigorous QAQC review. This upgrade supports the imminent release of the Orlando Scoping Study.

Pivotal Metals has enhanced its Midrim Field exploration announcement by adding detailed assay data and launching an AI-driven program targeting high-grade copper-nickel-PGM deposits in Canada’s Belleterre-Angliers Greenstone Belt. The company aims to leverage historic drilling successes and modern geophysics to unlock new discoveries.

Carnavale Resources has announced a substantial 38% increase in gold resources at its Kookynie Gold Project, including the addition of a new high-grade Tiptoe lode. This update significantly enhances the project's economic potential as an updated Scoping Study is underway.

American West Metals has finalized a binding offtake agreement and secured significant project financing with Ocean Partners, advancing the development of its Storm Copper Project in Nunavut, Canada.