Latest Resource Estimate News

Grand Gulf Energy has inked a non-binding MoU with Sage Potash to jointly explore helium and potash resources in Utah’s Paradox Basin, aiming to share costs and infrastructure for a 3D seismic survey and potential drilling.

Reach Resources has added 5,800 ounces of inferred gold at its Pansy Pit deposit, lifting the Murchison South project’s total resource to approximately 67,100 ounces. The company highlights significant upside potential with further drilling planned along the Primrose Fault.

Solstice Minerals has completed a major Reverse Circulation drilling campaign at its Yarri Project in Western Australia, targeting promising gold prospects with assay results expected soon.

Forrestania Resources is set to restart reverse circulation drilling at its Lady Lila gold prospect in Western Australia, following the acquisition of a strategically located tenement adjacent to the site. The company aims to expand its inferred resource and update its JORC estimate after promising historic and recent drill results.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, including a standout 1m hit at 73.10 g/t. The company is advancing aggressive drilling and development plans to significantly grow its gold resources in 2025.

New Murchison Gold Limited has reported impressive high-grade gold intercepts from shallow drilling at its Crown Prince Gold Project, suggesting a richer and thicker caprock resource than previously estimated.

White Cliff Minerals has reported further high-grade copper intercepts from its 2025 drilling campaign at the Rae Copper Project in Nunavut, confirming a shallow, open copper system with promising development potential.

Patriot Battery Metals has announced a substantial upgrade to its Shaakichiuwaanaan Lithium Project, solidifying its position as the largest lithium pegmatite resource in the Americas and advancing its feasibility study on track for Q3 2025.

New World Resources has announced a significant 25% increase in the Antler Copper Project's mineral resource to 14.2 million tonnes at 3.8% copper equivalent, with 88% now classified as measured and indicated, underpinning its path to production in 2027.

Vertex Minerals has raised approximately A$11 million to accelerate underground mining at its high-grade Hill End Gold Project, targeting production by July 2025. The capital raising includes a share placement, convertible loan, and a Share Purchase Plan, positioning the company for strong margins amid a robust gold price environment.

Marvel Gold Limited is deepening its foothold in Tanzania’s underexplored greenstone belt while streamlining its portfolio through Mali asset divestments, setting the stage for a busy 2025 exploration calendar.

Power Minerals Limited has initiated a 2,000-metre drilling program at its Santa Anna niobium and rare earth elements project in Brazil, aiming to confirm and expand on promising earlier results as part of its due diligence for acquisition.