Latest Mineral Resource Estimation News

Black Canyon Limited’s December quarter report reveals robust drilling results at its Wandanya manganese and iron project, alongside a significant resource classification upgrade and strategic tenement acquisitions expanding its footprint in Western Australia.

Prodigy Gold NL has reported promising diamond drilling results from its Hyperion Gold Deposit in the Northern Territory, including the first-ever observation of visible gold. These findings reinforce the deposit's potential for further resource growth and underpin upcoming exploration plans.

Fitzroy River Corporation reported steady royalty income for the December 2025 quarter, while advancing key projects including a $40 million funding campaign for the Rafael Gas Project and a $150 million equity raise for Snowy River Gold development.

European Resources Limited has accelerated its rare earths exploration and metallurgical programs in Finland, supported by a fully subscribed $1.6 million rights issue and a $546,750 placement. Key drilling and processing initiatives aim to unlock value amid rising global demand for critical minerals.

West Wits Mining has transitioned its Qala Shallows project from mobilisation to underground production, delivering first ore to surface and targeting its first gold pour in March 2026. The company has secured substantial funding to support this milestone and future growth.

Western Mines Group has launched its 2026 exploration drilling campaign at the Mulga Tank nickel project, backed by recent capital raises and government grants. The program aims to expand and confirm high-grade nickel sulphide resources in Western Australia’s Eastern Goldfields.

Albright Metals has completed a key diamond drilling program at its Golden Pike Project in Canada and initiated antimony drilling at Bond Road, supported by a successful $1.98 million capital raise.

North Stawell Minerals has reported encouraging diamond drilling results at its Darlington Project in Victoria, revealing continued high-grade gold mineralisation at depth with strong parallels to the historic Mariners Lode.

Sky Metals has launched a major drilling campaign at its Tallebung Tin Project, aiming to expand high-grade resources and update its Mineral Resource Estimate. Meanwhile, a metallurgical breakthrough at Doradilla confirms its potential as a second key tin asset.

Ballard Mining has raised $61 million through a well-supported placement to fund an aggressive drilling program and early development works at its Mt Ida Gold Project, positioning the company for a Final Investment Decision.

Elementos Limited has confirmed significant extensions of tungsten and rubidium mineralisation at its Cleveland Tin Project, with new assay results from historic drill core set to feed into an updated resource estimate due next month.

Delta Lithium Limited reports strong drilling results at its Mt Ida and Yinnetharra projects, alongside successful production of battery-grade lithium carbonate and a robust financial position.