Latest Mineral Resource Estimation News

Challenger Gold Limited has doubled its mineral resource estimate in Ecuador to 9.1 million ounces gold equivalent, positioning its assets among South America's largest undeveloped gold resources, while making significant progress on its Hualilan Gold Project in Argentina towards mining and toll milling readiness.

Larvotto Resources has completed key technical work on its Hillgrove DFS, incorporating a shift to dry tailings storage and capitalising on record gold and antimony prices, while exploration drilling delivers high-grade intercepts and the company strengthens its operational base.

Equinox Resources pushes forward across multiple mineral projects, tackling legal challenges at Hamersley while securing strategic partnerships for antimony supply and expanding exploration in Brazil and Canada.

Dart Mining has reported a significant 27% increase in inferred gold ounces at its Triumph Gold Project, alongside operational gains and a $3 million capital raise to fuel further exploration in Central Queensland.

Mithril Silver and Gold Limited reports robust exploration progress in Mexico’s Copalquin district, delivering multiple high-grade gold-silver intercepts and mobilising a second drill rig to expand its 2025 drilling program. The company maintains a strong cash position of A$14.2 million as it advances resource growth.

Pearl Gull Iron Limited reported limited exploration during the March 2025 quarter due to seasonal weather, focusing on strategic planning and environmental compliance at its Cockatoo Island iron ore project. The company’s cash reserves declined to $185,000 amid ongoing care activities and exploration groundwork.

Marquee Resources has announced a maiden Inferred Mineral Resource Estimate at its Redlings Rare Earth Project, alongside advancing exploration and drilling plans at Mt Clement. The company also completed a $829K capital raise, underpinning its multi-project growth strategy.

GTI Energy reports positive uranium leach test results at its Lo Herma ISR Uranium Project, confirming mineralisation amenable to alkaline in-situ leach with recoveries around 75%. The company’s scoping study is on track for Q2 2025, supported by updated resource estimates and hydrogeological data.

Hawthorn Resources has updated its Anglo Saxon gold project with a revised pit optimisation study reflecting higher gold prices and plans an 8,000m drilling program to de-risk mining. Meanwhile, the company converted its Mt Bevan equity stake to a 1% FOB royalty, positioning for future value from premium magnetite production.

BMG Resources advances its gold exploration with ongoing drilling at Abercromby, promising near-surface high-grade results at Bullabulling, and strategic positioning near producing mines at Invincible.

Dundas Minerals has reported encouraging drilling results that expand gold mineralisation at its Baden-Powell deposit near Kalgoorlie, alongside promising first-pass Aircore drilling at the Olympia mining lease, signaling potential for resource growth.

Aldoro Resources has reported significant progress at its Kameelburg REE-Niobium Carbonatite Project in Namibia, confirming a substantial polymetallic discovery and expanding its Phase I drilling program with full funding secured.