Latest Resource Estimate News

Magnum Mining has completed OTCIQ submissions to secure a U.S. OTCID listing, enhancing access for American investors as it accelerates exploration across its Brazilian and U.S. rare earth, gold, and copper projects.

Medallion Metals confirms continuity of high-grade gold mineralisation beneath Lounge Lizard open pit, advancing geological models and targeting a maiden resource estimate by Q3 2026.

Gateway Mining’s initial aircore drilling at Celia South and Great Western Shear Corridor reveals significant high-grade gold mineralisation, confirming a large, underexplored gold system at Yandal. The company plans RC drilling to accelerate resource growth beneath these promising hits.

Rumble Resources has received the second $5 million milestone payment from Elemental Royalty and satisfied a key condition for its ore toll milling agreement, positioning the Western Queen project for pre-development.

Rokeby Resources has kicked off a nine-hole diamond drilling campaign at the Sunnyside deposit within the Omeo Gold Project, aiming to upgrade a historical 320,000-ounce gold resource and lay groundwork for a JORC-compliant estimate.

Ardea Resources delays the final report for its Kalgoorlie Nickel Project’s Goongarrie Hub DFS beyond June 2026 while initiating a new scandium scoping study, maintaining strong government backing and consortium funding.

Latitude 66’s latest drilling results at the Laverton Gold Project reveal strong and consistent gold mineralisation with significant potential to grow resources at Tin Dog and Red Dog. A maiden Mineral Resource Estimate for Tin Dog is expected in Q3 2026.

Avira Resources has kicked off a 4,500-metre reverse circulation drilling program at its Mt Cattlin Gold Project in Western Australia, aiming to expand known high-grade zones and test new prospects ahead of a maiden resource estimate.

Resouro Strategic Metals has locked in a binding agreement with Future Mining and Buri Gold to fund and operate mining and processing at its Novo Mundo gold project in Brazil, aiming to generate cash flow without diverting capital from its flagship Tiros project.

Challenger Gold has poured its first gold bar from the Hualilán project in Argentina, initiating a production ramp-up under a toll milling agreement that secures processing capacity for three years.

Carnaby Resources has uncovered a significant new shallow mineralised shoot, the Miniboom Lode, at its Mount Hope Central site within the Greater Duchess Project, delivering a standout 232m at 1.3% copper equivalent from surface.

Black Bear Minerals has engaged Ausenco for detailed restart studies at its Shafter Silver Project, while securing a non-binding financing support letter from Export Finance Australia to explore funding pathways aligned with U.S.-Australia critical minerals priorities.