Latest Resource Estimate News

Elementos Limited has made significant strides in developing its tin and tungsten assets, with progress on Oropesa’s permitting and a major resource upgrade at Cleveland. A $29.5 million strategic placement bolsters its balance sheet for upcoming milestones.

Alligator Energy has moved into uranium extraction at its Samphire project, reporting initial Field Recovery Trial results that meet or exceed expectations and launching a Bankable Feasibility Study to underpin development.

Askari Metals has completed data compilation at its Nejo Gold and Copper Project, setting the stage for a 5,000m maiden drilling campaign targeting high-grade gold and copper. Meanwhile, trenching at its Uis Project in Namibia reveals robust polymetallic mineralisation, including tin, tantalum, lithium, rubidium, and caesium, underpinning plans for RC drilling later this year.

GreenTech Metals has consolidated a dominant West Pilbara position by acquiring 70% of the Munni Munni PGE-Cu-Ni Project and completed a cost-saving Phase 1 drilling and historic core resampling program. Early data hints at significant resource expansion ahead of a JORC 2012 upgrade.

Brazilian Critical Minerals (ASX: BCM) has reinforced the scale and quality of its Ema rare earth project with strong drilling results and steady progress on permitting and feasibility studies, positioning it well amid tightening global supply.

Resolution Minerals has raised A$20 million in a strongly supported institutional placement to accelerate exploration and development at its US Horse Heaven Project, while preparing for a NASDAQ listing to boost its US market presence.

InVert Graphite has delivered strong assay results from its maiden drilling program at the Morogoro Project, Tanzania, confirming extensive near-surface graphite mineralisation with grades up to 21.5% Total Graphitic Carbon. The company pauses drilling for the wet season but maintains a solid cash position to advance next steps.

Arika Resources has reported a fresh wave of thick, high-grade gold intercepts at its Yundamindra Gold Project in Western Australia, reinforcing the project's potential ahead of a maiden resource estimate.

SQX Resources has wrapped up its maiden 25-hole drilling program at the Red Bird Gold Project in Arizona, revealing a larger, continuous gold system with promising high-grade near-surface mineralisation. The company’s follow-up geophysical work aims to unlock deeper and strike extensions.

Aldoro Resources has achieved an exceptional ~99% strontium extraction from its Kameelburg Project ore using simple ambient-temperature acid leaching, positioning the asset as a rare, low-complexity source amid soaring global strontium prices and supply disruptions.

Delta Lithium’s March quarter report highlights robust high-grade lithium drilling at Mt Ida, successful production of battery-grade lithium and rubidium carbonates, and ongoing exploration progress at Yinnetharra, supported by a strong $52 million cash position.

Pantoro Gold has struck a $20 million funding deal with Mega Resources to develop the high-grade Rama Open Pit in Western Australia, securing an exclusive option to extend mining underground through a profit-sharing agreement.