Latest Resource Estimate News

Neometals has formalised a joint venture with BML Ventures to fund and operate open-cut mining at the Ironclad deposit, paving a near-term path to gold production at the Barrambie Gold Project.

Resolution Minerals Ltd reports significant 3D modelling results at its Antimony Ridge Mine Project in Idaho, revealing over 100 high-grade antimony-silver veins over a large area. The project has secured FAST-41 status to accelerate permitting and development.

MRG Metals Limited has reported high-grade Total Heavy Mineral (THM) assay results from the fifth alluvial target at its Adriano Rare Earth Project in Mozambique, reinforcing district-scale mineralisation across five targets. Mineralogical studies and assays from adjacent licences are pending, supporting the broader Adriano-Fotinho critical mineral corridor potential.

Magnum Mining and Exploration Limited has initiated a large-scale auger drilling program at its Piracanjuba prospect within the Azimuth Rare Earth Element Project in Brazil, aiming to define an Exploration Target and a JORC Mineral Resource Estimate by late 2026.

Aurum Resources Limited has reported a 34% increase in the Mineral Resource Estimate at its Napié Gold Project in Côte d'Ivoire, raising the total resource to 1.16 million ounces of gold. This growth lifts Aurum’s combined group gold resources to 4.2 million ounces across its Côte d'Ivoire assets, supported by ongoing drilling and strong metallurgical recoveries.

Cannindah Resources Limited has finalised the second tranche of its share placement, issuing over 87 million shares to raise nearly $4 million, following shareholder approval and regulatory compliance.

Mithril Silver and Gold Limited reports positive exploration results from its Copalquin project in Durango, Mexico, highlighting significant high-grade silver and gold intercepts at Targets 3 and 5, reinforcing the district-scale potential.

Ardea Resources’ Kalgoorlie Nickel Project has been selected for the Australian Government’s Investor Front Door pilot, providing enhanced regulatory support and access to government financing to advance the project’s development.

American Rare Earths has outlined a three-stage pilot plant program combining Wyoming-based mineral processing with downstream refining in Canada, aiming to accelerate pre-production rare earth oxide output from its Halleck Creek Project.

Viking Mines Limited has reported successful results from an expanded ground gravity survey at its Linka Tungsten Project in Nevada, identifying numerous new high gravity anomalies that correlate with known mineralisation and concealed targets beneath volcanic cover. These findings support the company’s plan to commence drilling in the June quarter.

Marquee Resources has entered a 24-month patent license and option agreement with UT-Battelle LLC, granting access to advanced rare earth element separation technologies from Oak Ridge National Laboratory. This positions Marquee to explore downstream processing opportunities for its Redlings REE Project in Western Australia.

Benz Mining Corp reports multiple new high-grade gold discoveries at Hurricane Camp within the Glenburgh Gold Project, confirming a significant new mineralised corridor and accelerating exploration efforts.