Latest Resource Estimate News

Eclipse Metals has more than doubled its Greenland rare earth resource to 208 million tonnes at 0.72% REO, backed by promising metallurgical testwork indicating strong magnetic separation potential.

Haranga Resources pushes forward at its Lincoln Gold Project with a substantial Exploration Target and deep drilling indicating mineralisation repeats, while launching a major drilling campaign at Senegal’s Ibel South. A corporate name change to American West Gold signals strategic focus.

Industrial Minerals Ltd (ASX: IND) is progressing strategic marketing and academic research partnerships to underpin its 6.2Mt high purity quartz resource at Pippingarra, aiming to secure long-term offtake amid growing semiconductor and solar demand.

Vita Resources has upgraded its ICE Project to polymetallic status following a commissioned report and secured a five-year exploration permit in Yukon, while its maiden drilling at Ninnis Gold Project in Western Australia faces a temporary halt due to Cyclone Narelle.

Legacy Minerals has reported a fresh gold discovery at its Mascotte Prospect and significant copper mineralisation at Battery Point within its Mt Carrington Project, supported by a robust cash position and an imminent scoping study.

Pilot Energy has commenced operations at its 1 MW Dongara Data Centre, secured $28.44 million in funding, and progressed farmout talks for its WA-481P offshore permit, marking key steps in its energy transition strategy.

MRG Metals has made significant strides in rare earth and titanium dioxide projects across Mozambique and South Africa, confirming high-grade mineralisation and progressing key regulatory milestones toward production.

Lakes Blue Energy has progressed production testing at its Wombat-5 gas well, confirming multi-zone gas flow and entering a critical pressure build-up phase ahead of planned well stimulation. The company also advances regulatory preparations for drilling at its Portland Energy Project, while strengthening its technical team.

Accent Resources NL progresses its Magnetite Range pre-feasibility study with extensive drilling and engineering reviews, while maintaining stable mineral resources and a solid cash position of $9.5 million at quarter-end.

RTG Mining is set to fast-track its high-grade Mabilo Copper and Gold Project in the Philippines, backed by a full financing deal with Glencore. Operational start-up is planned for early Q2 2027, leveraging a low-risk Direct Shipping Operation amid a robust copper market.

Challenger Gold Limited advances its Hualilan Gold Project with robust infill drilling results, a doubled Ecuador resource, and a $64 million capital raise to fund toll milling and standalone development.

Kaili Resources has reported encouraging rare earth element assay results from its South Australian tenements, particularly within the Coodalya Mallee Project, while securing extended related-party financing to support ongoing exploration.