Latest Resource Estimate News

Resources & Energy Group Limited (ASX: REZ) has announced a significant upgrade to the Goodenough Gold Deposit resource at its East Menzies Gold Project, increasing contained gold by over 15,000 ounces to 61,200 ounces. The majority of the resource is now classified as Indicated and remains open for expansion.

Mount Ridley Mines has announced a significant inferred mineral resource of heavy rare earth oxides at its Western Australian project, highlighting strong concentrations of critical elements dysprosium and terbium essential for advanced technologies.

Avira Resources has validated significant high-grade gold intersections at its Mt Cattlin Gold Project, underpinning plans for a maiden Mineral Resource Estimate by the end of 2026. The company is poised to commence drilling in Q2 to test extensions across multiple prospects.

Flynn Gold’s latest assays confirm shallow, high-grade gold and tungsten mineralisation at its Firetower Project in Tasmania, setting the stage for a follow-up drilling campaign in Q2 2026.

Strata Minerals has launched a Phase 2 drilling program at its Zelica Gold Project, aiming to extend high-grade gold mineralisation and fast-track a maiden resource estimate. The recent acquisition of Zelica South expands the gold corridor to over 8km, enhancing exploration potential.

Haranga Resources has announced a significant Exploration Target at its South Spring Hill prospect within the Lincoln Gold Project, estimating up to 308,000 ounces of gold. The project benefits from existing infrastructure and is advancing towards a JORC-compliant resource update.

H3 Energy Limited is launching a detailed assessment of helium and hydrogen potential at its Milford and Milford East structures, aiming to unlock high-value gas resources in the underexplored Officer Basin.

Patagonia Lithium has reported lithium assay results up to 412ppm from its Formentera well, surpassing the project average and setting the stage for an updated Mineral Resource Estimate and further drilling.

Bass Oil has initiated advanced seismic reprocessing and geochemical analyses to better define the Kiwi gas field’s extent and boost its recovery prospects, with results expected by mid-2026.

Desert Metals has launched a 2,000m aircore drilling campaign at its Tiogo gold prospect in Côte d’Ivoire, aiming to bridge a key gap between high-grade gold intercepts and unlock further potential along a major mineralised corridor.

Podium Minerals has announced its maiden JORC-compliant Mineral Resource Estimate for the Range Well Nickel Project, reporting 2.63 million tonnes of contained nickel. The resource, adjacent to its flagship Parks Reef PGM Project, offers promising operational synergies and strategic growth opportunities.

McLaren Minerals has identified a vast 54-kilometre zircon-rich mineral sands system with promising rare earth element potential at its Barossa Project in South Australia’s Eucla Basin. Historical data and geological reinterpretation reveal multiple mineralised centres, setting the stage for further exploration.