Latest Mineral Resource Estimation News

Emerald Resources NL has increased the Ore Reserve at its Okvau Gold Mine by 245,000 ounces, lifting total reserves to 700,000 ounces and global resources beyond 3 million ounces. This update underpins the company’s ambition to become a multi-mine gold producer.

Patriot Battery Metals has launched a significant 2025 winter drilling campaign at its Shaakichiuwaanaan Property, aiming to extend high-grade lithium zones and support an upcoming feasibility study. The program targets 15,000 meters of drilling with results expected to shape the company’s development trajectory.

Barton Gold has confirmed significant depth extensions at its Tunkillia Project's 223 Deposit, with new drilling intersecting broad mineralisation below the previously modelled pit floor. This discovery supports an expanded resource estimate and ongoing optimisation studies.

Coolabah Metals Limited is undertaking a $3-4 million capital raise to fund the acquisition of Broken Hill Mines Pty Ltd and its subsidiary, aiming to re-list on the ASX and focus on developing the Rasp and Pinnacles Mines.

Gorilla Gold has announced the discovery of a new, high-grade gold lode north of the existing resource at its Comet Vale Project, signaling significant growth potential. Multiple drill intercepts confirm a continuous gold zone from surface, underpinning the company’s aggressive expansion strategy.

Wildcat Resources reports significant progress on the Preliminary Feasibility Study (PFS) for its Tabba Tabba Lithium Project in Western Australia, now approximately 50% complete, supported by strong metallurgical results and environmental groundwork.

New World Resources has secured a critical federal permitting milestone for its Antler Copper Project, setting a clear path to full approval within 12 months and construction commencement in H2 2025.

Resouro Strategic Metals reports outstanding assay results from its Tiros Central Project in Brazil, revealing high-grade titanium dioxide and rare earth elements that underscore the project's global significance.

Carnaby Resources has completed the settlement of Tranche 2 of its recent share placement, issuing 13.5 million new shares to raise approximately $4.2 million, including participation from its board members.

QMines Limited has reported outstanding near-surface copper intersections at its Develin Creek project, confirming the continuity of high-grade mineralisation at the Scorpion deposit and setting the stage for imminent resource upgrades and further drilling.

Benz Mining has launched its inaugural drilling campaign at the Glenburgh Gold Project in Western Australia, aiming to expand high-grade gold resources with results expected to shape an updated mineral resource estimate later this year.

OzAurum Resources has reported a significant high-grade gold discovery at its Mulgabbie North Gold Project, highlighted by visible gold and substantial quartz veining. Follow-up drilling is set to expand on this promising find, potentially boosting the project’s value.