Latest Resource Estimate News

Orbminco Limited reports promising interim infill drilling results at its Majestic North Gold Project, confirming high-grade shallow gold zones and potential southern extensions. The company also secures $5 million in a two-tranche placement to accelerate resource delineation and development.

ADX Energy has revealed a significant technical update on its Welchau appraisal permit in Austria, highlighting a connected petroleum system with 18 million barrels of prospective light oil and 125 billion cubic feet of gas condensate resources.

Cauldron Energy’s latest groundwater analysis at the Yanrey Uranium Project reveals low chloride and sulphate levels, affirming the site’s suitability for environmentally friendly in situ recovery uranium mining. This milestone supports the company’s plans to expand resources and advance towards production.

West Coast Silver’s latest diamond drilling at Elizabeth Hill reveals extraordinary silver grades and expands the known mineralised footprint, highlighting significant exploration upside in Western Australia’s Pilbara region.

TG Metals Limited has reported strong new drilling results from its Van Uden Gold Project, confirming increased gold continuity and extensions to its existing resource. Diamond core drilling has commenced, aiming to further expand the mineral resource estimate.

Kairos Minerals has confirmed a significant extension to its Mt York gold mineralisation, with new drilling results revealing strong near-surface and deeper gold zones over an additional 1.2km strike. An updated resource estimate is expected in the first half of 2026.

Patagonia Lithium Ltd has successfully raised A$2.9 million through a private placement, aiming to fast-track drilling and feasibility studies at its flagship Formentera Project in Argentina.

Krakatoa Resources has raised $1.25 million through a well-supported placement to fund the next phase of exploration at its high-grade Zopkhito Antimony-Gold Project, following promising drilling results that validate historic data.

Hammer Metals has submitted a Mining Lease Application for its Orelia North gold deposit in Western Australia, aiming to accelerate development amid a buoyant gold price. Recent drilling results extend mineralisation, supporting resource growth ahead of a planned 2026 upgrade.

Strickland Metals has successfully raised A$55 million through an institutional placement to accelerate exploration and advance a Pre-Feasibility Study at its Rogozna Project in Serbia.

PMET Resources has reported its widest and highest-grade caesium intercepts to date at the Vega Zone within its Shaakichiuwaanaan Property, alongside confirming high-grade mineralisation at the newly discovered Helios Zone.

Anson Resources has disclosed a substantial historical uranium and vanadium resource at its Yellow Cat Project in Utah, based on extensive 1950s drilling data, with plans for modern exploration and resource validation in 2026.