Latest Resource Estimate News

QMines Limited reports a significant increase in optimised open pit material at its Develin Creek project, confirming 930,000 tonnes at 1.73% copper equivalent from the Scorpion-Window deposit. Combined with Mt Chalmers and Mt Mackenzie, total optimised material rises to 13.6 million tonnes, advancing the company’s central Queensland copper-gold strategy.

Axel REE Limited has unveiled new high-grade gallium and rare earth element zones at its Caladão Project in Brazil, expanding the mineralised footprint and reinforcing its status as a major critical minerals asset.

American West Metals has confirmed multiple large-scale copper exploration targets at its Storm Copper Project in Nunavut, Canada, following the final results of an advanced geophysical survey. These findings bolster the project's potential amid a tightening global copper supply.

Core Lithium has significantly increased its Ore Reserve Estimate at the Finniss Lithium Project, with the Carlton deposit upgrade driving a 42% rise in total reserves. This milestone strengthens the project's restart schedule and expansion potential.

Aurum Resources has reported impressive high-grade gold intercepts at its Napié Gold Project in Côte d’Ivoire, extending mineralisation depth and reinforcing its growth ambitions. The company is advancing a large-scale drilling campaign and plans key resource updates and a Pre-Feasibility Study by year-end.

Catalyst Metals Limited has doubled its gold reserves to 1.5 million ounces as of June 2025, setting the stage to ramp up production to 200,000 ounces per year over the next decade.

Superior Resources reports exceptional copper-gold-silver assay results up to 46.5% Cu from its Greenvale Project, confirming Halls Reward and Telegraph as priority high-grade targets. Follow-up exploration is set to unlock further potential.

Magmatic Resources has initiated a focused 3,700-metre drilling campaign at its Weebo Gold Project in Western Australia, targeting promising gold mineralisation zones at Scone Stone and Ockerburry. This move comes as gold prices reach record highs, positioning the company for potential significant discoveries.

Catalyst Metals Limited will enter the S&P/ASX 200 Index on 16 September 2025, marking a significant milestone as it replaces Brickworks Limited. The move highlights Catalyst’s growing gold resource base and production plans in Western Australia.

Aldoro Resources has reported its strongest assay results to date from the Kameelburg Niobium and Rare Earth Elements deposit in Namibia, confirming significant mineralisation and an extension of the deposit by 300 meters northwest. The company is poised to release an updated Maiden Resource Estimate and commence Phase II drilling.

Astral Resources reports strong initial assay results from its Theia Deposit in-fill drilling, confirming broad gold mineralisation and exceptional high-grade zones that align closely with existing resource models.

Rox Resources has appointed Byrnecut Australia as the underground mining contractor for its Youanmi Gold Project, marking a key step toward production. The two-part contract will see initial exploration decline development followed by full-scale mining upon a positive investment decision.