Latest Mineral Resource Estimation News

Eclipse Metals Ltd reports significant progress in its Greenland rare earth projects, including access to historic drill cores and positive resource estimates, while advancing towards mining licenses and applying for EU strategic funding.

Galena Mining Limited reports a challenging December quarter at its 60%-owned Abra Base Metals Mine, marked by production declines and ongoing voluntary administration. The company appoints a new CEO for Abra and explores recapitalisation options to stabilise operations.

Firebird Metals Limited has secured preliminary design approval for its battery-grade manganese sulphate plant in China and forged a strategic partnership to develop LMFP cathode materials, marking significant progress in its EV battery ambitions.

NH3 Clean Energy has made significant strides in its WAH2 Project, finalising critical commercial agreements and progressing technical work ahead of Front End Engineering and Design (FEED) entry scheduled for Q1 2025. The company also completed a capital raise to support these developments.

Rand Mining Ltd. reported a robust December quarter with 5,369 ounces of gold produced and a significant rise in operating cash inflows, underpinned by targeted drilling and operational efficiencies.

Tribune Resources Ltd delivered a robust December 2024 quarter with increased gold production and a strong net cash inflow, underpinned by ongoing exploration and operational advancements.

American Rare Earths advances its Halleck Creek Project with record high-grade drilling results, a strategic collaboration with BMO Capital Markets, and a significant state grant, reinforcing its role in securing the U.S. rare earth supply chain.

Infinity Mining has significantly broadened its exploration portfolio across Eastern Australia through key acquisitions and a $2 million capital raise, setting the stage for an active 2025 drilling campaign.

ACDC Metals has reported a substantial upgrade to its Goschen Central Project, increasing mineral resource tonnes by over 60% and enhancing rare earth element grades, supported by Victorian government initiatives.

Sky Metals has reported strong progress at its Tallebung tin project, completing surface trenching and initiating bulk sampling to validate resource estimates and optimise metallurgical processes. A recent $6 million capital raise will fund expanded drilling and development studies, positioning the company for near-term growth.

Tanami Gold NL reported robust exploration progress in its December 2024 quarterly update, highlighting promising drilling results at multiple prospects within the Central Tanami Project and maintaining a solid cash position of $21.3 million.

Alma Metals has confirmed a significant new copper and molybdenum discovery at its Briggs Copper Project in Queensland, expanding the resource potential and setting the stage for a resource update and scoping study in 2025.