Latest Mineral Resource Estimation News

Rincon Resources' latest MobileMT survey at Telfer South reveals major undrilled geophysical targets aligned with high-grade gold-copper mineralisation, setting the stage for a significant 2026 drilling campaign.

Dateline Resources has delivered a comprehensive Bankable Feasibility Study for its Colosseum Gold Project in California, outlining a technically straightforward restart with strong financial metrics and a 10.4-year mine life producing 573,000 ounces of gold.

Power Minerals has kicked off a 3,800-metre diamond drilling campaign at its Morro do Ferro Rare Earths Project in Brazil, aiming to expand high-grade rare earth mineralisation and advance metallurgical studies following recent acquisition completion.

High-Tech Metals has completed 700m of a planned 5,000m RC drilling program at Mt Fisher, aiming to expand its current gold resource by targeting high-grade shoots and extensions. Assay results for the first four holes are expected soon, following operational delays resolved by a contractor change.

Redcastle Resources' recent diamond drilling at Redcastle Reef and Queen Alexandra validates geological models and reveals promising mineralisation extensions, bolstering confidence in near-term mining plans.

Asara Resources has raised $60 million through a strongly supported institutional placement to fast-track drilling and development at its flagship Kada Gold Project in Guinea.

Classic Minerals faces a full trial in its legal dispute over Forrestania tenements but retains 80% gold rights and asserts claims to full ownership, continuing exploration plans amid uncertainty.

Norwest Minerals reports strong metallurgical results from Bulgera, with gold recoveries up to 92% on coarse crushed samples, supporting a low-cost heap leach development pathway.

Antares Metals (ASX: AM5) has landed $237,500 in non-dilutive government funding to jumpstart drilling and geophysical surveys at its Quinns Copper-Gold-Zinc Project in Western Australia, targeting the historic Austin VMS deposit and nearby prospects.

Neometals is pivoting towards gold production with a funded JV at its Barrambie Ironclad deposit, while simultaneously progressing a substantial lithium-potash brine project in Utah.

Forrestania Resources plans to exercise its option to acquire the Hyden Gold Project following a Supreme Court ruling dismissing Classic Minerals' challenge. The project holds a JORC-compliant resource of nearly 300,000 ounces of gold across Lady Magdalene and Lady Ada deposits.

Moonlight Resources has reported strong Phase 2 drilling results at its Leo Grande Prospect, confirming extensive near-surface gold mineralisation and advancing towards a maiden resource estimate.