Latest Resource Estimate News

Coda Minerals reports steady progress in its diamond drilling program at Elizabeth Creek, confirming geological models and underpinning a robust $1.3 billion pre-feasibility study valuation. The ongoing work supports future development with promising upside from current copper and silver prices.

Superior Resources has updated its Mineral Resource Estimate for the Steam Engine Gold Project, confirming a substantial 194,000 oz gold resource and revealing significant exploration potential along an additional 10 kilometres of prospective lodes.

Canterbury Resources and Alma Metals have completed a positive Scoping Study for the Briggs Copper Project, confirming a 2Mt copper resource and strong metallurgy. Prefeasibility studies are now underway to refine resource confidence and project economics.

Rox Resources has released a Definitive Feasibility Study for its Youanmi Gold Project, revealing a high-grade reserve and strong financial metrics underpinning a planned 7-year mine life with significant growth potential.

Kingston Resources has announced a substantial 29% increase in its Mineral Hill Project resources, including a maiden resource for the high-grade Red Terror deposit, enhancing confidence in future mine planning and production.

Lodestar Minerals has reported exceptional high-grade gold assay results from its Ned’s Creek project in Western Australia, including a standout 1m intercept grading 49.6 grams per tonne. These findings upgrade previous data and set the stage for targeted drilling in early 2026.

Enegex Limited has completed its acquisition of Famien Resources, adding a substantial gold exploration portfolio in Côte D’Ivoire, alongside a $5 million capital raise to support its growth ambitions.

Tartana Minerals has inked a non-binding Letter of Intent with Alt Resources for up to $5 million in non-dilutive financing, structured to align repayments with copper production and prices. This deal aims to optimize existing operations and fund expansion through the Mungana processing plant.

Horseshoe Metals reports strong drilling results confirming extensive shallow copper mineralisation at its Horseshoe Lights Project, with Direct Shipping Ore operations set to begin this quarter amid active offtake and funding talks.

Australian Gold and Copper Ltd has completed its acquisition of the Browns Reef tenement package, doubling its South Cobar Project area and setting the stage for a maiden resource estimate at the Evergreen target.

Mount Ridley Mines has consolidated its control over the entire Grass Patch Complex in Western Australia, significantly expanding its critical mineral footprint and setting the stage for resource growth in gallium and rare earth elements.

Skylark Minerals has agreed to acquire a portfolio of gold projects in Côte d’Ivoire, including the flagship Zaranou Project with a JORC-compliant inferred resource of 364,600 ounces. This deal positions Skylark as a significant emerging player in West Africa’s gold sector.