Latest Resource Estimate News

Enova Mining has initiated diamond drilling at its East Salinas Project in Brazil, targeting high-grade rare earth element mineralisation with promising surface assays. The program aims to confirm mineral continuity and advance resource definition along a 4 km strike.

DevEx Resources has pinpointed a promising uranium drill target at its Sandfire Prospect, just north of the historic Nabarlek Mine in the Northern Territory. The discovery, based on gravity and geochemical surveys, sets the stage for drilling in 2026 within a globally significant uranium province.

Latitude 66 Limited has initiated its first drilling campaign at the Laverton Gold Project, aiming to unlock significant gold resources at the Red Dog and Tin Dog Prospects with assay results expected early next year.

DevEx Resources has secured Alligator Energy’s entire uranium tenement package in the Northern Territory’s Alligator Rivers Uranium Province, significantly expanding its Nabarlek Project footprint. This strategic move consolidates key uranium-bearing fault corridors and historical resources, setting the stage for a district-scale exploration push.

Brazilian Critical Minerals Ltd has confirmed high-grade rare earth element mineralisation at its Ema project in Brazil, with new drilling results extending the resource footprint and reinforcing the project's economic potential.

Pivotal Metals highlights its fully funded exploration programs targeting high-grade copper and gold deposits in Quebec, underpinned by a significant pit-constrained resource and strategic advantages in a tier 1 jurisdiction.

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.

Pancontinental Energy NL has revealed significant progress in its Namibian Orange Basin exploration, spotlighting a massive 5 billion barrel oil prospect in PEL 87 and advancing farmout efforts to fund upcoming drilling.

Western Mines Group has announced a landmark nickel sulphide discovery at its Mulga Tank project in Western Australia, revealing a globally significant resource of 5.3 million tonnes of contained nickel. This positions the company as a key player in the future supply of critical battery metals.

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.