Latest Mineral Resource Estimation News

Helix Resources has formalised a joint venture to earn up to 40% of the Gold Basin oxide gold project in Arizona, marking a significant expansion into a prolific US gold district. The agreement sets clear milestones for exploration and resource updates over the next two years.

Classic Minerals has engaged AFDC to conduct a strategic review and is raising A$3 million to advance exploration at its Forrestania gold project and support its ASX relisting efforts.

PTR Minerals reports promising initial metallurgical test outcomes and consistent high-grade drilling at its Rosewood Titanium Project, setting the stage for a maiden resource estimate in Q2 2026.

Estrella Resources has completed its 2025 drilling program at the Werumata Limestone Project in Timor-Leste, reporting broad, high-grade limestone and chalk intersections that pave the way for a maiden JORC resource estimate.

Great Boulder Resources has reported extraordinary high-grade gold intercepts at its Side Well Gold Project in WA, including a staggering 4434g/t assay at depth, signaling strong potential to expand its 1Moz resource base.

Tungsten Mining NL is set to begin a substantial drilling campaign at its Mt Mulgine Trench deposit in May 2026, aiming to test and potentially expand its tungsten resource amid soaring global prices.

Forrestania Resources has completed its maiden drilling program at British Hill, revealing significant high-grade gold mineralisation extending deeper and along strike. These promising results set the stage for an expanded Mineral Resource Estimate and further development.

Caspin Resources has raised $6 million through an oversubscribed equity placement to fast-track exploration at its Bygoo Tin Project, focusing on expanding resources at the Kelpie Deposit and regional targets.

Everest Metals Corporation reports outstanding high-grade gold intersections from its latest drilling at Mt Dimer Taipan, underpinning imminent mining and processing milestones. The project is fully funded and on track for near-term cash flow.

High-Tech Metals has reported exceptional high-grade gold results from infill drilling at its Wagtail Gold Deposit, reinforcing the existing resource and hinting at further extensions. The company is advancing towards an updated resource estimate and near-term production plans.

Mt Malcolm Mines has announced its first JORC-compliant Mineral Resource Estimates for the Malcolm Project, revealing a combined 13,200 ounces of gold at Golden Crown and Dumbarton prospects. The company outlines promising drilling plans to expand and upgrade these resources.

Verity Resources has completed a significant ~11,000m drilling campaign at its Monument Gold Project, delivering consistent high-grade gold results that underpin a Mineral Resource Estimate upgrade expected in April 2026.