Latest Mineral Resource Estimation News

Magmatic Resources has launched a significant 5,000-metre diamond drilling campaign at its Myall copper-gold project, backed by Fortescue under a $3.5 million FY26 exploration budget. The program targets multiple promising porphyry-style deposits, aiming to build on earlier encouraging results.

Everest Metals Corporation has officially commenced mining operations at its Mt Dimer Taipan Gold Project in Western Australia, backed by a fully funded agreement with MEGA Resources. Ore extraction is underway with processing set to begin in March 2026, positioning the company for near-term cash flow.

Revolver Resources has unveiled a compelling recommencement study for its Dianne Copper Mine in Queensland, forecasting over $125 million in pre-tax free cashflow from a four-year operation producing 14,330 tonnes of high-grade copper cathode.

St George Mining reports exceptional drilling results at its Araxá Rare Earths and Niobium Project, significantly expanding its resource footprint, alongside a successful $72.5 million capital raise to fund ongoing development.

Patagonia Lithium has entered a strategic partnership with Ameerex Corporation, aiming to bolster investment and development in its Formentera lithium project and Brazilian rare earth ventures.

Iltani Resources reports exceptional silver-indium assay results from its Orient Project’s Link Zone in Queensland, confirming potential to connect key mineral resources. Backed by a fresh $8 million investment, the company plans an aggressive drilling program to expand and upgrade its resource base in 2026.

WA1 Resources has reported exceptional high-grade niobium drill results from its Luni Niobium Project, extending mineralisation and setting the stage for an updated resource estimate in 2026.

Norwest Minerals has advanced its gold and silver projects with significant drilling campaigns and a strategic focus on its high-grade silver discovery, leveraging soaring silver prices and new geophysical data.

IRIS Metals has identified significant high-grade rubidium mineralisation at its Beecher Project in South Dakota, complementing its existing lithium resources and positioning the project as a leading multi-commodity critical minerals asset in the US.

St George Mining has announced a significant high-grade niobium discovery 400 metres outside its existing Araxá Mineral Resource Estimate, potentially expanding one of the world’s premier niobium projects.

Critical Resources has engaged SLR Consulting to streamline permitting for its Mavis Lake Lithium Project in Ontario, aiming to fast-track approvals and secure government funding. This move strengthens the project’s role in North America’s lithium supply chain amid growing demand for sustainable battery materials.

Lefroy Exploration Limited has confirmed significant high-grade gold mineralisation at its Burns Gold Deposit through recent diamond and reverse circulation drilling, reinforcing the deposit's development potential within its Lefroy Gold Project.