Latest Mineral Resource Estimation News

Verity Resources is raising approximately $2 million through a non-renounceable entitlement offer to advance its Monument Gold and Botswana copper-silver projects, with directors backing the move through participation and underwriting.

BMG Resources has raised $2.5 million in a placement led by Tribeca Investment Partners to fund an expanded drilling program at its Abercromby Gold Project and advance exploration at Bullabulling. The company also welcomes Ben Pollard as its new CEO to spearhead growth.

Cannindah Resources has raised $15 million through a two-tranche placement and launched a $2 million share purchase plan to fund expanded exploration at its Mt Cannindah Copper-Gold Project.

Aurora Energy Metals updates investors on its strategic option agreement with Eagle Energy Metals, which is set to become the first US-listed uranium explorer with SMR technology following a pending SPAC merger.

IRIS Metals has raised $5.5 million through a strongly supported placement to accelerate development of its critical minerals portfolio in the United States, including early sales from its Beecher Project.

Solstice Minerals has reported outstanding initial assay results from its Phase 1 drilling at the Nanadie Copper-Gold Project in Western Australia, revealing wide zones of high-grade mineralisation that extend beyond the current resource estimate.

Xpedra Resources has appointed mining veteran Scott Funston as Managing Director, aligning leadership with the launch of its maiden drilling program at the promising Springfield Gold Deposit in NSW.

Galileo Mining’s recent drilling at its Norseman project has confirmed promising palladium-platinum-gold mineralisation near surface, with a funded diamond drilling program poised to test for deeper extensions beneath the Callisto deposit.

Mount Hope Mining (MHM) showcased strong drilling outcomes at its Mt Solitary gold project, reinforcing its strategic foothold in the prolific southern Cobar Basin. The company is advancing exploration with a clear pathway to resource definition and regional consolidation.

Everest Metals Corporation has released further assay results confirming thick, high-grade rubidium mineralisation at its Mt Edon project in Western Australia, underpinning an upcoming resource upgrade. The company’s collaboration with CSIRO is refining processing strategies to enhance recovery rates.

GreenTech Metals has completed a transformative acquisition of a majority interest in the Munni Munni platinum group elements project in Western Australia, with drilling underway to verify and expand historic resources.

Venari Minerals has announced a maiden inferred Mineral Resource Estimate of 3.03 million tonnes of Lithium Carbonate Equivalent at its Red Mountain Lithium Project in Nevada, positioning it as a major new lithium contender in North America.