Latest Mineral Resource Estimation News

Capricorn Metals has expanded its Orion South Underground Mineral Resource Estimate at Mt Gibson to 895,000 ounces, marking a 31% increase since July 2025. This growth, driven by extensive diamond drilling, underscores the project's underground potential alongside ongoing open pit operations.

Variscan Mines has reported new underground drilling results at the Udías Mine, revealing high-grade zinc mineralisation exceeding 20% zinc outside the existing resource estimate. These findings reinforce the potential for resource expansion and support ongoing mine development plans.

Belararox Limited has initiated advanced geophysical surveys at its Toro South target in Argentina, setting the stage for drilling in late 2025. Age dating confirms geological similarities to major copper systems, enhancing the project's appeal.

Flagship Minerals has achieved a critical milestone with the approval of the ENAPAC Ruta Este desalination pipeline, securing a sustainable water supply for its Pantanillo Gold Project in Chile’s Maricunga Gold Belt. This development significantly reduces a major operational risk as the company advances its resource upgrade and project studies.

Western Mines Group advances its Mulga Tank nickel project with a new deep diamond drill hole and an electromagnetic survey, backed by recent capital and government grants.

Far East Gold’s latest drill results at the Sua Prospect in Indonesia reveal spectacular visible gold and high-grade assays, validating historical data and boosting resource potential.

Core Lithium has unveiled an updated mine plan for its Grants deposit at the Finniss Lithium Project, increasing the Ore Reserve by 33% and cutting pre-production capital costs by up to $45 million.

Ballard Mining Limited has released a comprehensive investor update following its July 2025 IPO, highlighting a robust 1.1 million ounce gold resource at Mt Ida and a strong cash position of $40 million. The company outlines ambitious exploration targets and development plans aiming to extend mine life beyond a decade.

Nordic Resources has confirmed high-grade near-surface gold mineralisation at its Kopsa project in Finland, extending the Central Zone resource and refining geophysical targets with its first four drill holes.

Great Boulder Resources has intersected a significant new high-grade gold zone at its Eaglehawk deposit, with drilling revealing 105m at 2.41g/t Au including standout intervals up to 18.85g/t Au. This discovery is set to be incorporated into an updated resource estimate due in December 2025.

Antipa Minerals reports robust high-grade gold and copper assay results from its 2025 drilling program at the Minyari Gold-Copper Project, highlighting significant resource growth potential and advancing pre-feasibility study progress.

Power Minerals reports compelling high-grade niobium and rare earth element results from shallow auger drilling at its Santa Anna Project in Brazil, setting the stage for an extensive 10,000m reverse circulation drilling program to define a maiden resource.