Latest Mineral Resource Estimation News

Prospect Resources has reported significant new copper assay results from its Phase 2 drilling at the Kabikupa deposit, extending mineralisation beyond 1km and confirming zones closer to surface and at depth. These findings bolster the Mumbezhi Copper Project’s resource potential ahead of an updated estimate due in Q4 2025.

Western Mines Group has reported compelling assay results from its latest Phase 4 drilling at the Mulga Tank Project, revealing extensive nickel sulphide mineralisation and standout high-grade intervals that extend beyond current resource boundaries.

Hillgrove Resources has reported outstanding high-grade copper-gold mineralisation from the first underground drill hole at Emily Star, part of the Kanmantoo Copper Mine. These results suggest a promising expansion of mining potential and improved utilisation of existing infrastructure.

Javelin Minerals has partnered with MEGA Resources to fully fund and operate the Eureka Gold Project, setting the stage for mining to begin in mid-2026. The deal includes a $4.5 million capital raise and a strategic leadership appointment to drive exploration and production growth.

Strata Minerals Limited has secured an option to acquire the Zelica Gold Project in Western Australia, featuring a historical 30,000-ounce gold resource and existing mining infrastructure. The company plans to upgrade the resource and explore near-term extraction opportunities.

Iltani Resources reports strong rock chip sampling results from its Orient Silver-Indium Project, confirming high-grade mineralisation and identifying new target zones that could significantly expand the resource footprint.

Aldoro Resources has agreed to sell its non-core projects for approximately $3.3 million, enabling a sharpened focus on its flagship Kameelburg Niobium-REE Carbonatite Project in Namibia. The deal includes a significant share distribution in Sultan Resources to Aldoro shareholders.

Sultan Resources announces the acquisition of three promising mineral projects spanning gold and critical minerals in Namibia and Western Australia, bolstering its portfolio in tier-1 jurisdictions. The deal includes a substantial inferred rubidium-lithium resource and promising nickel-copper-PGE targets.

True North Copper has reported breakthrough drilling results at Wallace North, revealing a new high-grade copper-gold shoot and confirming extensive mineralisation beyond known boundaries. Simultaneously, its Mt Oxide project’s Phase 1 drilling validates a large-scale copper-cobalt-silver system, setting the stage for accelerated exploration.

St George Mining confirms a significant new high-grade rare earths and niobium discovery 1km east of its existing Araxá resource in Brazil, with assays revealing exceptional grades and promising expansion potential.

Cygnus Metals reports a substantial 78% increase in Measured and Indicated resources at its Chibougamau Copper-Gold Project, highlighted by the initial resource estimate for the new Golden Eye deposit. This milestone underpins an updated economic study amid rising commodity prices.

Santa Fe Minerals has completed its acquisition of the Eburnea Gold Project in Côte d’Ivoire and raised $1.2 million to fund upcoming exploration activities.