Latest Resource Estimate News

Alice Queen Limited has clarified the allocation of funds from its $5.77 million rights issue, dedicating over half to Horn Island exploration, while confirming director Jianying Wang’s stake will remain substantial post-raise.

Andean Silver has uncovered new bonanza-grade silver-gold veins near its Laguna Verde processing plant in Chile, setting the stage for a resource upgrade and feasibility studies.

Larvotto Resources’ initial flotation testwork on 1.4 million tonnes of Hillgrove tailings shows up to 95% antimony and 75% gold recoveries, unlocking potential metal inventory and environmental rehabilitation benefits ahead of production start in August 2026.

Ariana Resources has unveiled significant gold mineralisation extensions at its Dokwe Gold Project in Zimbabwe, following the completion of a 5,659m RC drilling program. The results support an updated JORC resource and ongoing feasibility efforts.

Ausgold Limited has promoted Ben Stockdale from CFO to CEO and appointed Reece Olney as GM Operations, reinforcing its leadership as the Katanning Gold Project approaches a final investment decision.

Medallion Metals has unveiled multiple high-grade gold-copper-silver intercepts from its Kundip Mining Centre drilling, boosting confidence in early mine plan stages before underground development begins in August 2026.

Minerals 260 has significantly expanded its Bullabulling Gold Project footprint by acquiring joint venture interests over 350km2 of highly prospective tenements adjacent to its existing holdings, boosting the total project area to 1,160km2. This $7 million deal consolidates key exploration ground and adds new targets near established deposits.

Oceana Metals is launching a major drilling and re-assaying campaign at its Serra Negra Rare Earths Project in Brazil, aiming for an initial resource estimate later in 2026.

WA1 Resources has boosted the Indicated Mineral Resource at its Luni Niobium Project by 20 Mt, lifting the high-grade subset and reinforcing its global significance in critical metals.

Maritana Minerals has launched a Phase 2 drilling campaign at its Burbanks Gold Project, aiming to deepen and expand its high-grade resource to support future mining and ore delivery to Black Swan.

Forrestania Resources has upgraded its Johnson Range gold resource to 130,730 ounces, marking a 26% increase supported by recent drilling and independent estimation.

Everest Metals Corporation (ASX:EMC) has delivered a maiden JORC Mineral Resource Estimate for its Revere Gold Project in Western Australia, outlining 15 million tonnes at 0.54 g/t gold for 260,780 ounces. The near-surface, open-pit amenable resource spans the Big John and Armstrong deposits, with further drilling planned to expand and upgrade the resource.