Latest Mineral Resource Estimation News

Torque Metals has raised $15 million in a placement led by top-tier global investors, setting the stage for an aggressive drilling campaign at its Paris Gold Project in Western Australia.

Alma Metals has completed its 2025 drilling program at the Briggs Copper Project, confirming strong visual copper mineralisation consistent with its geological model and setting the stage for a prefeasibility study. Assay results are expected early 2026, with further drilling planned to refine the resource.

Tolu Minerals Limited has revealed significant progress at its Tolukuma Gold Mine in Papua New Guinea, targeting resource expansion and first production by mid-2026. The company’s extensive drilling campaign and new infrastructure promise to reshape its growth trajectory.

Power Minerals has completed a cutting-edge drone magnetic survey over its Santa Anna project in Brazil, revealing new exploration targets and setting the stage for a significant drilling campaign aimed at defining a maiden resource.

Riversgold Limited has identified promising shallow gold mineralisation in a previously undrilled area at its Northern Zone Gold Project near Kalgoorlie, expanding the potential footprint ahead of planned mining in 2026.

Canterbury Resources has completed its 2025 drilling program at the Briggs copper deposit, revealing multiple zones of strong visual copper mineralisation that align with its geological model. Assay results are pending, with further drilling planned to support a Prefeasibility Study for a potential large-scale mine.

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.

Strickland Metals has announced a maiden inferred mineral resource of 1.2 million ounces of gold at its Gradina Deposit in Serbia, boosting the Rogozna Project’s total resource to 8.6 million ounces gold equivalent. The deposit remains open for expansion, setting the stage for further growth in 2026.

Leeuwin Metals has announced a maiden Mineral Resource Estimate of 342,300 ounces of gold at its Marda Gold Project in Western Australia, achieved within nine months of acquisition. A 10,000-meter drilling campaign is planned for 2026 to target resource growth, particularly focusing on higher-grade zones.

Belararox Limited has refined its exploration approach at the Toro-Malambo-Tambo Project, prioritising immediate drilling of newly defined shallow epithermal targets. Early assay results are anticipated by February 2026, potentially unlocking significant resource upside in a prolific copper-gold region.

Wildcat Resources has significantly extended its Bolt Cutter Central lithium discovery near its Tabba Tabba Project in Western Australia, revealing a large, open-ended pegmatite system with multiple high-grade lithium intercepts.

Mount Hope Mining has launched its phase 2 drilling campaign at the Mt Solitary gold prospect, aiming to extend and define high-grade mineralisation and move towards a JORC-compliant resource estimate.