Latest Mineral Resource Estimation News

Alligator Energy has sold its Northern Territory uranium assets to DevEx Resources for $7.5 million, streamlining its portfolio to concentrate on South Australian projects like Samphire. This move injects liquidity and reduces ongoing costs, positioning the company for accelerated development.

Nordic Resources has reported significant new drill results at its Kopsa gold-copper deposit in Finland, revealing wide zones of mineralisation well beyond the current resource boundary. These findings suggest promising potential for resource growth with further drilling underway.

Tungsten Mining has announced a significant new Exploration Target at its Mulgine Trench deposit, highlighting the project’s expanding scale and potential in the critical minerals sector.

Variscan Mines Limited is advancing its high-grade zinc projects in Spain with a near-term production target and strategic expansion into Ireland, supported by strong drilling results and favorable market conditions.

Haranga Resources has commenced underground diamond drilling at its Lincoln Gold Project in California, aiming to convert a historical resource to JORC compliance and explore new high-grade gold zones.

Everest Metals Corporation has reported impressive rubidium assay results up to 0.79% Rb₂O from its Phase 2 drilling at the Mt Edon Critical Mineral Project, reinforcing the potential for resource expansion ahead of a planned upgrade in early 2026.

Kingsgate Consolidated Limited reported record quarterly gold and silver production at its Chatree Gold Mine, alongside strong cash growth and strategic project advances in its November 2025 AGM update.

Terrain Minerals has kicked off a significant 6,800-metre drilling program at its Lightning and Wildflower prospects in Western Australia, aiming to define a maiden gold resource by mid-2026. Assay results are expected to start flowing in February, setting the stage for a pivotal year in the company’s exploration journey.

Resouro Strategic Metals has finalized a key process flowsheet for its Tiros Project in Brazil, paving the way for a Preliminary Economic Assessment focused on high-grade titanium and rare earth recovery. This milestone brings the project closer to defining costs and production parameters.

Axel REE Limited reveals a substantial inferred resource at its Caladão Project, advancing plans for in situ recovery trial mining in 2026 to produce rare earth and gallium products. The company’s low-cost, environmentally conscious approach positions it well within Brazil’s Lithium Valley mining hub.

Torque Metals' latest drilling and Down-hole Electromagnetic (DHEM) surveys at the HHH deposit reveal multiple new gold lodes, expanding the known resource and validating advanced vectoring techniques for exploration.

Alvo Minerals has raised $2.26 million through a placement to accelerate drilling and exploration at its Palma Copper-Zinc Project in Brazil, including the promising new Touro Prospect.