Latest Resource Estimate News

Brightstar Resources reports robust gold assay results from its Sandstone Gold Project, reinforcing its path to a 2.4 million ounce resource following a merger with Aurumin Limited.

Prodigy Gold NL has reported a total mineral resource of 1.03 million ounces of gold, driven by updated estimates at its Tregony and Hyperion deposits and a restatement of Buccaneer resources reflecting higher gold prices.

Gateway Mining has completed its $45 million acquisition of the Yandal Gold Project from Strickland Metals, adding a significant 400,400-ounce gold resource to its portfolio. The company plans to advance mining licence applications and exploration activities in Western Australia's underexplored Yandal Greenstone Belt.

Anson Resources has successfully raised $5 million through an oversubscribed share placement to fast-track development of its Green River Lithium Project in Utah. The funds will support key engineering, permitting, and resource expansion activities.

Carnaby Resources has completed its acquisition of the Trekelano mining leases, advancing exploration and integration efforts within its Greater Duchess Copper Gold Project.

OD6 Metals has raised $2.5 million through a strongly supported placement to fast-track rare earth testwork and copper drilling programs at its flagship Australian projects.

Star Minerals reports exceptional shallow gold assay results from infill drilling at its Tumblegum South Gold Project, reinforcing the deposit's quality and advancing plans for production. The company anticipates further assay results and an updated resource estimate soon.

Tombador Iron Limited is set to transform itself by acquiring GoviEx Uranium, creating a new ASX-listed uranium company focused on Zambia’s Muntanga Project. This deal includes a significant capital raise and board overhaul, aiming for a November 2025 completion.

Global Uranium and Enrichment Limited reports promising initial drill results from its Pine Ridge Uranium Project in Wyoming, confirming significant uranium mineralisation and expanding its land holdings.

Asra Minerals has reported a significant high-grade gold intercept near surface at its Eclipse Prospect within the Leonora South Gold Project, reinforcing historic data and promising further resource potential.

Gorilla Gold reports exceptional high-grade gold intercepts from step-out drilling at its Sovereign deposit, significantly extending mineralisation down-dip and along strike. This breakthrough sets the stage for a major resource upgrade at the Comet Vale Project later this year.

Canterbury Resources has begun drilling a deep 900m diamond hole at its Briggs Copper Project, aiming to unlock new resource potential adjacent to the existing deposit. Supported by a government grant and a joint venture partner, this drilling campaign could reshape the project’s outlook.