Latest Mineral Resource Estimation News

Antares Metals is set to begin a 1,000m drilling campaign at its Queens Gift uranium project, aiming to expand mineralisation and upgrade its resource classification to JORC 2012 standards.

SQX Resources has validated and surpassed historical gold grades at its Red Bird Project in Arizona, with assays reaching 49.2 g/t Au. A maiden drilling campaign is planned for January 2026 to explore this promising gold system further.

Jindalee Lithium has initiated a significant core drilling program at its McDermitt Lithium Project in the US, aiming to enhance lithium recovery and explore valuable magnesium by-products. Results are anticipated in early 2026, marking a pivotal step in advancing this major lithium resource.

Patronus Resources has confirmed significant high-grade gold mineralisation extensions at its Mertondale Project in Western Australia, highlighting strong growth potential along the Mertondale Shear Zone.

Lefroy Exploration has secured final approvals for the Lucky Strike Gold Mine, setting an accelerated timeline for mining and first gold production by March 2026. Partnering with BML Ventures, the company is poised to transition into gold production with strong financial backing.

Rox Resources is poised to commence underground development at its Youanmi Gold Project with the first decline cut scheduled this week, while a Definitive Feasibility Study is due shortly, marking a critical phase in its path to production.

McLaren Minerals has identified a promising second shoreline adjacent to its existing McLaren Titanium Project resource, revealing fresh exploration potential within historical data. The company plans further drilling in early 2026 to validate and expand this new target.

Horizon Gold Limited has announced an updated Mineral Resource Estimate for its Gum Creek Gold Project, revealing an 8% increase in gold ounces and a notable 26% rise in average grade. This upgrade underscores the project's growing potential in Western Australia's Murchison region.

Brightstar Resources has enhanced its leadership team with seasoned mining executives and is advancing its Sandstone project, targeting a resource upgrade in early 2026 as it pursues a +200,000-ounce annual gold production goal.

Antilles Gold Limited has released an updated financial analysis for its Nueva Sabana copper-gold mine in Cuba, highlighting improved project economics and a construction start slated for late 2025. The study reflects higher metal prices and revised costs, underpinning a strong net profit and positive cash flow outlook.

Ariana Resources has initiated a 4,000-metre drilling campaign at its Dokwe Gold Project in Zimbabwe, aiming to expand the existing resource beyond one million ounces of gold. Early assay results are expected before year-end, with potential for program expansion.

Forrestania Resources has retracted its previous reference to a third-party Mineral Resource Estimate for the Hyden Project, clarifying it has yet to complete its own JORC-compliant assessment. Meanwhile, the company highlights strong growth across its Western Australian gold portfolio and strategic acquisitions.