Latest Resource Estimate News

Ardea Resources has completed a major infill drilling campaign at its Goongarrie South deposit, confirming premium nickel-cobalt-scandium mineralisation that underpins its Definitive Feasibility Study. The results reinforce the project’s position as Australia’s largest nickel-cobalt resource.

Lunnon Metals has formalized an Ore Purchase Agreement with Gold Fields subsidiary St Ives Gold Mining, setting the stage for development of the high-grade Lady Herial gold deposit. The agreement outlines a 70, 30 free cash flow split and awaits shareholder and regulatory approvals.

InVert Graphite has appointed Andrew Lawson as Managing Director following his initial CEO tenure, signaling confidence in his leadership as the company advances its critical minerals projects.

QMines Limited has launched a significant 5,000m drilling campaign at its Mount Mackenzie gold and silver project, aiming to unlock substantial resource growth potential following a recent resource upgrade.

McLaren Minerals advances its McLaren titanium project with 95% engineering complete and a strong market report confirming demand for its high-quality sulfate ilmenite amid a looming titanium dioxide supply deficit.

American Uranium Limited is set to commence hydrogeologic testing and resource expansion drilling at its Lo Herma uranium project in Wyoming during the fourth quarter of 2025, aiming to boost its mineral resource base and support upcoming scoping studies.

Western Gold Resources Limited has had its trading suspension lifted following the release of initial assay results from its Duke Gold project and a response to an ASX price and volume query.

Tempest Minerals has secured regulatory approval to begin Phase I drilling at its Halo prospect within the Yalgoo Project, targeting iron, copper, and gold. A heritage survey with the Badimia People is currently in progress, marking a key step toward unlocking the site's potential.

Mont Royal Resources Ltd (ASX – MRZ) has lodged a prospectus to raise between A$8 million and A$10 million through a share offer priced at A$0.20 each, coinciding with a proposed merger with Commerce Resources Corp (TSXV – CCE). The combined entity aims to become a leading Quebec-focused critical minerals developer.

Argent Minerals has reported outstanding high-grade silver and polymetallic mineralisation from diamond drillhole AKDD208 at its Kempfield Project, significantly enhancing the deposit’s resource potential.

Forrestania Resources has completed its acquisition of the British Hill Gold Project near Southern Cross, Western Australia, and appointed MBS Environmental to lead mine development planning.

Prospect Resources has reported significant new copper assay results from its Phase 2 drilling at the Kabikupa deposit, extending mineralisation beyond 1km and confirming zones closer to surface and at depth. These findings bolster the Mumbezhi Copper Project’s resource potential ahead of an updated estimate due in Q4 2025.