Latest Mineral Resource Estimation News

Patagonia Lithium has reported robust 72-hour pump test results from its Formentera lithium brine project, signalling promising aquifer connectivity and flow rates that support upcoming production targets.

Ballard Mining reports promising drilling results at its Mt Ida Gold Project, extending mineralisation and targeting new open pit resources to supplement the Baldock deposit. The company advances towards a maiden ore reserve and feasibility study in 2026.

Askari Metals reports strong Phase 1 trenching results at its 100%-owned Uis Project, confirming continuous high-grade polymetallic mineralisation including tin, lithium, tantalum, rubidium, and caesium. These findings bolster confidence ahead of planned drilling in H2 2026.

Victory Metals has announced a significant metallurgical breakthrough at its North Stanmore project, achieving over 70% extraction of critical heavy rare earths using a low-cost, low-complexity process. This advancement promises a faster, simpler path to market, setting the company apart in the competitive rare earths sector.

GoldArc Resources has secured a key tenement adjacent to its high-grade Whistler and Woodpecker South prospects in the Kookynie Goldfields, expanding its Leonora South project at a modest cost. This acquisition complements ongoing drilling programs that have already delivered impressive gold assay results.

Everest Metals Corporation has reported promising metallurgical test results for its Mt Edon Critical Mineral Project, alongside submitting a key Mining Proposal to regulators, signalling progress toward commercial development.

Tungsten Mining NL is set to begin a 15,000-metre drilling campaign at its Watershed tungsten deposit in June 2026, aiming to better define near-surface high-grade mineralisation amid record tungsten prices.

WIN Metals has significantly bolstered its Radio Gold Project by acquiring the fully permitted Princess Royal Gold Mine and securing an exclusive option for the Stumpy Doodle Gold Mine, both promising high-grade gold potential and streamlined development pathways.

Delta Lithium has successfully produced battery-grade lithium carbonate and high-grade rubidium carbonate from mica concentrate at its Mt Ida project, confirming strong recovery rates and potential new revenue streams.

American Uranium Ltd has increased its Lo Herma uranium resource to 9.45 million pounds with 43% now Indicated, marking a 10% growth and advancing the project toward a pivotal Scoping Study in Q3 2026.

Tesoro Gold reports strong assay results from its ongoing infill drilling at the Ternera Gold Deposit in Chile, reinforcing the deposit’s continuity ahead of a mid-year resource update. The company is also preparing to shift focus to a new discovery drilling campaign across the district.

Morella Corporation has completed a 20-hole drilling program at its Mt Edon Rubidium-Lithium Project, intercepting thick, continuous pegmatite zones that bolster the case for a significant mineral resource. Assay results are awaited as the company moves toward a maiden Mineral Resource Estimate.