Latest Resource Estimate News

Ark Mines Ltd is fast-tracking its Sandy Mitchell rare earths project in Queensland, backed by a $4.5 million investment from the Queensland Investment Corporation and targeting production by late 2027.

Ark Mines is advancing its Stage-3 drilling program at the Sandy Mitchell Rare Earths project ahead of schedule, targeting a substantial increase in measured resources to underpin a Pre-Feasibility Study in early 2026.

ADX Energy has updated its Upper Austria prospect inventory, reporting a substantial net mean prospective resource of 374 million barrels of oil equivalent and outlining near-term drilling plans focused on low-risk shallow gas and near-field oil plays.

Forrestania Resources has successfully raised $8.6 million through a placement priced at a 21.7% premium, signaling strong investor confidence as it advances multiple gold projects.

Far East Gold Limited has identified new gold-bearing quartz vein zones at its North Bermol prospect, extending the mineralised corridor and boosting exploration potential within the Idenburg Project.

Strike Energy has secured independent certification of substantial gas resources at its Ocean Hill project, including a newly identified large prospect, setting the stage for drilling in late 2026.

Sayona Mining reports a 124% surge in Ore Reserves at its North American Lithium operation, alongside an 8% Mineral Resource increase, reinforcing its position in the North American lithium market.

Flagship Minerals has secured a comprehensive historical exploration dataset from Anglo American for its Pantanillo Gold Project, positioning the company to fast-track resource development and potentially expand its gold inventory without immediate drilling.

Advance Metals has identified over 6,300 metres of previously unsampled drill core at its Yoquivo Silver-Gold Project, launching a new sampling campaign to unlock hidden mineralisation and update its resource model.

Australis Oil & Gas reported a reduced half-year loss and positive cash flow despite lower production, while actively seeking a development partner for its Tuscaloosa Marine Shale assets.

Victory Metals secures $11.5 million through a strategic placement to accelerate drilling and development at its North Stanmore heavy rare earth project, reinforcing its position as Australia’s leading rare earths explorer.

Gorilla Gold reports exceptional high-grade drill results extending beyond its recent 350,000-ounce Mulwarrie resource estimate, setting the stage for a significant resource upgrade later this year.