Latest Resource Estimate News

Godolphin Resources has released a Scoping Study for its Lewis Ponds project in NSW, revealing strong economics with a 12-year mine life and a pre-tax NPV of AUD$481 million under conservative metal prices.

TG Metals Limited has reported significant new drilling results from its Van Uden Gold Project, revealing thick, high-grade gold intercepts that extend mineralisation beyond current resource boundaries. These findings underpin an upcoming resource update and signal promising development prospects.

Prospect Resources has raised A$45 million through a strategic equity placement to accelerate drilling and studies at its Mumbezhi Copper Project in Zambia, aiming to expand its mineral resources and advance project development.

Power Minerals has reported strong final results from shallow auger drilling at its Santa Anna Project in Brazil, confirming high-grade niobium and rare earth mineralisation from surface to end of hole. The company has now commenced a 10,000-metre deep drilling campaign to explore and extend this promising mineral footprint.

Caprice Resources has launched a significant 5,000-metre reverse circulation drilling program at its Vadrians gold deposit, aiming to extend known high-grade zones and prepare for deeper drilling campaigns.

St George Mining has acquired 166 hectares near its Araxá Project in Brazil to host processing facilities, advancing development of a world-class niobium and rare earths mine. The move supports a fast-tracked pathway to production amid rising global demand.

Patriot Resources has announced a significant maiden inferred mineral resource of 31.4 million ounces silver equivalent at its Tassa Project in Southern Peru, highlighting a large-scale epithermal polymetallic system open in all directions.

Great Southern Mining has expanded gold mineralisation at its Golden Boulder discovery to 3.5 kilometres, revealing promising shallow high-grade intercepts and setting the stage for deeper drilling in 2026.

Tivan Limited has taken significant steps forward at its 100% owned Molyhil Tungsten Project, awarding major engineering contracts and preparing for a maiden drilling program aimed at expanding its resource base.

Osmond Resources is advancing downstream processing opportunities for rare earths, rutile, and silicon at its Orión project in Spain, aiming to leverage strong grades and scale to capture additional value and funding.

Clara Resources confirms a large-scale, high-grade gold system at its newly acquired Mareeba Gold Project in Far North Queensland, setting the stage for immediate drilling to define a maiden JORC resource.

Strike Energy has secured all regulatory approvals to drill the Walyering West-1 well in the Perth Basin, aiming to unlock a prospective 46 PJ gas resource with drilling set to commence by mid-April 2026.