Latest Mineral Resource Estimation News

Platina Resources has appointed Dr Paul Polito as Managing Director and CEO, bringing over 30 years of exploration expertise to lead its Western Australian gold projects. His remuneration is heavily tied to operational milestones and share price performance.

Caprice Resources continues to expand its high-grade gold zones at the Island Gold Project with new significant intercepts confirming a multi-lode system beyond the main Vadrians lode.

Lodestar Minerals has locked in $4.7 million through a private placement and director subscription to push forward drilling and surveys across Chile, the USA, and Western Australia.

VRX Silica’s updated 2026 Bankable Feasibility Study for Arrowsmith North confirms robust economics with an ungeared NPV8 of A$179.2 million and binding offtake contracts securing nearly 1 million tonnes annually.

Aruma Resources has wrapped up Phase 1 diamond drilling at its Tillex Copper-Silver Project in Ontario, delivering critical geological data and setting the stage for a more extensive Phase 2 campaign targeting a substantial copper resource.

Stavely Minerals has made significant progress on its Scoping Study for the Thursday’s Gossan and Cayley Lode copper-gold-silver deposits, capturing a large portion of its 60Mt resource and evaluating multiple processing throughput scenarios.

WIN Metals has completed its acquisition of the fully permitted Princess Royal Gold Mine, adding high-grade ounces and promising satellite prospects to its Radio Gold Project in Western Australia.

Beacon Minerals has wrapped up its FY2026 drilling at the Iguana Deposit, delivering high-grade gold assays that suggest the deposit is larger and richer than previously estimated.

Great Northern Minerals has significantly enlarged its Iron Butte Gold-Silver Project in Nevada by staking 46 additional lode claims covering around 950 acres. The new ground shows promising geological and geochemical signatures, setting the stage for imminent resource estimation and drilling.

Metal Bank has taken a significant step toward production at its Seven Leaders gold deposit by signing a non-binding MOU with Terra Mining for contract mining and crushing services, targeting a Q4 2026 start.

American Uranium’s early infill drilling at Lo Herma confirms robust uranium mineralisation continuity in Mine Unit 1, setting the stage for a resource upgrade and scoping study in Q3 2026.

Alice Queen Limited has appointed Adrian Hell as Exploration Manager to leverage his deep knowledge of Horn Island and fast-track a multi-phase drilling campaign aimed at expanding a 524,000-ounce gold resource.