Latest Mineral Resource Estimation News

Austral Resources has kicked off its 2026 drilling campaign with a standout 10m intercept grading 7.52% copper at the Snow Queen Prospect near its Rocklands facility, underpinning its strategy to build regional scale through satellite deposits.

Sky Metals accelerates development of its Tallebung tin-tungsten-silver project with NSW State Significant Development approval process initiated and over 500 drill holes underpinning an updated resource and feasibility study.

Advance Metals has launched its first diamond drilling campaign at the high-grade Gavilanes Silver Project in Mexico, aiming to convert a substantial Foreign Estimate into a JORC-compliant resource by year-end.

West Coast Silver (ASX:WCE) has unveiled a comprehensive Growth & Development Plan for its Elizabeth Hill Silver Project, targeting a rapid transition to production via a high-grade, low-capex open pit operation supported by ongoing drilling and resource expansion.

PhosCo Ltd has delivered maiden Mineral Resource Estimates for the KM and SAB phosphate deposits at its Gasaat Project in Tunisia, adding 20.2 Mt at 20.5% P₂O₅ and lifting the total resource to 166.6 Mt. The shallow, low-strip deposits promise improved early production and underpin an updated scoping study due in Q3 2026.

Argent Minerals has pushed the boundaries of its Kempfield polymetallic deposit with a 159m intercept averaging 80.6 g/t silver equivalent, confirming the project's bulk-tonnage potential and resource continuity.

Brightstar Resources (ASX:BTR) has reported multiple high-grade gold intercepts from ongoing drilling at its Sandstone Gold Project, supporting a mid-year resource upgrade and Pre-Feasibility Study.

Axel REE is accelerating its in situ recovery (ISR) mining trials at the Caladão Project in Brazil, leveraging a low-cost, environmentally friendly extraction method and a unique gallium resource to position itself as a strategic supplier for Western markets.

Patagonia Lithium has completed a key packer test at its Formentera project, confirming high aquifer porosity and flow rates at 110m depth, while submitting a comprehensive environmental study to local authorities.

St George Mining’s latest drilling at the Araxá project in Brazil reveals thick, high-grade rare earth and niobium mineralisation extending beyond existing resource boundaries, reinforcing its status among the world’s leading deposits.

Catalina Resources’ latest drilling campaign confirms a continuous gold mineralised corridor across its Central Yilgarn Projects, leading to the creation of the Palisade Gold Project and defining substantial Exploration Targets.

Great Boulder Resources has raised $40 million through a two-tranche placement to fund its acquisition of Westgold’s Peak Hill Gold Project, positioning the company for an aggressive drilling campaign and a pathway to capital light production.