Latest Mineral Resource Estimation News

Terrain Minerals has reported compelling assay results from 35 air core holes at its Lort River Rare Earths Project in Western Australia, revealing a broad, shallow clay-hosted rare earth system with standout high-grade intervals and significant heavy rare earth proportions.

Black Canyon has won a $264,800 WA government grant to fund a detailed gravity survey and deep RC drilling at its Wandanya manganese project, accelerating its path to a maiden resource estimate.

Albright Metals has completed its second staged payment milestone for the Golden Pike Gold and Antimony Project, issuing shares and cash to Globex Mining Enterprises as exploration and development progress.

Resouro Strategic Metals has unveiled a robust Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project, signalling a post-tax NPV of US$715 million and a 44.2% IRR over 20 years. Meanwhile, binding agreements for mining and processing at the Novo Mundo Gold Project promise to unlock additional value.

Mithril Silver and Gold has upgraded its Target 1 resource at the Copalquin project, delivering a 196% increase in indicated ounces and incorporating mining dilution to better reflect practical extraction scenarios.

Brazilian Critical Minerals releases a robust Bankable Feasibility Study for its Ema Rare Earth Project, highlighting a US$1.47 billion post-tax NPV and a swift 0.5-year payback period, underpinned by low capital and operating costs.

EV Resources has verified continuous high-grade antimony mineralisation reaching 25.2% Sb at its Los Lirios Antimony Project through systematic underground channel sampling, underpinning plans for a maiden JORC Resource by year-end.

Infinity Mining has flagged significant concerns over the historical copper resource estimate at its Cangai Project, prompting a comprehensive revision expected within three months.

Patagonia Lithium has ramped up pumping rates at its Formentera-Cilon lithium brine project with a 58% increase from Well 2, while advancing drilling and testing at Wells 7 and 8. The progress supports ongoing resource upgrades and operational efficiencies.

Hillgrove Resources has uncovered significant copper-gold mineralisation extending more than 100 metres below previous depths at the Kanmantoo Copper Mine, marking the deepest recorded intersection to date and reinforcing resource growth potential.

Core Energy Minerals (ASX:CR3) has validated significant recoverable rare earth mineralisation at its Tunas Project in Brazil, with leach testwork showing strong recoveries of TREO and MREO. The company plans diamond drilling to explore mineralisation beyond auger limits.

Lac Gold's latest drilling at the Astoria deposit within the Rouyn Gold Project reveals more extensive and continuous high-grade gold mineralisation, validating geological models and setting the stage for resource expansion.