Latest Resource Estimate News

Carnavale Resources reports strong diamond and RC drilling results at its Kookynie Gold Project, extending mineralisation depth and strike at Swiftsure and Tiptoe lodes. An updated resource estimate and scoping study are due in September, underpinning advancing development plans.

Gorilla Gold has completed its maiden drilling at Mulwarrie and accelerated exploration at Comet Vale, aiming for significant resource upgrades in 2025. Recent drilling extends high-grade gold mineralisation, setting the stage for expanded Mineral Resource Estimates later this year.

St George Mining has launched advanced geophysical surveys at its Araxá Niobium and Rare Earths Project in Brazil, aiming to pinpoint new high-grade mineralisation zones and support ongoing drilling efforts.

Top End Energy reports a maiden independent prospective hydrogen resource of 304 billion cubic feet at its Serpentine Project in Kansas, highlighting strong resource density and advancing farm-out discussions.

Latitude 66 Limited has agreed to sell its 17.5% stake in the Greater Duchess Copper Gold Joint Venture for an upfront $2 million, with potential for additional contingent payments. The deal includes a $750,000 loan to support ongoing projects in Finland and Western Australia.

Pancontinental Energy’s latest technical update reveals promising hydrocarbon potential in the PEL 87 offshore Namibia project, supported by advanced seismic and basin modelling studies. These findings set the stage for revised resource estimates later this month.

Peak Minerals reports a significant expansion of heavy mineral zones at its Minta Rutile Project in Cameroon, with consistent rutile mineralisation confirmed across a vast 1,500 square kilometres. The company advances toward a maiden Mineral Resource Estimate in 2026, supported by promising alluvial and residual assay results.

Ark Mines has awarded a contract for a 2,500m drilling campaign at its Sandy Mitchell project, aiming to significantly expand its rare earth mineral resource ahead of a key feasibility study.

Legacy Minerals has acquired exploration rights to the Nico Young nickel-cobalt deposit in NSW, boasting one of Australia’s largest contained resources with significant strategic potential amid current market lows.

Emperor Energy secures independent validation of its Judith Gas Field resources, boosting unrisked prospective volumes to 1.86 trillion cubic feet and setting sights on a mid-2026 appraisal well to advance development.

Golden Horse Minerals has acquired full ownership of the Sorrel Copper Project from NT Minerals for $3 million, gaining significant copper exposure in a Tier-1 jurisdiction. The acquisition replaces a prior earn-in option and positions Golden Horse for resource growth amid rising copper demand.

Lode Resources has reported impressive high-grade antimony and silver intercepts from its ongoing drilling program at the Montezuma Project in Tasmania, revealing new lodes and extending mineralisation.