Latest Resource Estimate News

Latitude 66 Limited has lodged Exploration Permit applications for its KSB Project in northern Finland following a recent amendment to the Finnish Mining Act. The permits, expected in Q2 2026, will secure tenure for the project and enable further development and exploration activities.

Patagonia Lithium Ltd (ASX:PL3) has announced positive exploration results from Well JAM 25-05 at its Formentera Lithium Project in Argentina, with core analysis revealing porosity values above regional averages and lithium assays ranging from 156ppm to 219ppm. These findings may support an expansion of the company’s Mineral Resource Estimate (MRE).

Fortuna Metals Limited (ASX:FUN) has announced a conceptual exploration target of 180 to 240 million tonnes at 0.86 to 1.0% rutile grade for its Mkanda project in Malawi, with major drilling programs planned in 2026 to advance resource definition.

GoldArc Resources (ASX:GA8) has reported consistent high-grade gold intersections from a recent 20-hole RC drilling program at its Eclipse prospect, supporting advancement towards a maiden Mineral Resource Estimate within its Leonora South Gold Project.

Adavale Resources (ASX:ADD) has reported the identification of several high-quality near-mine gold targets at its London-Victoria Gold Mine within the Parkes Gold-Copper Project, NSW, supported by soil geochemistry and drone magnetics. The company plans to commence drilling shortly to test these targets, including a high-priority anomaly at Victoria South with peak soil gold values up to 600ppb Au.

Wildcat Resources Limited (ASX: WC8) has announced a 300m northerly extension of spodumene mineralisation at its Bolt Cutter Central lithium discovery in Western Australia, expanding the known footprint to over 2.3km northwest and up to 800m northeast. Metallurgical drilling has intercepted spodumene in all holes, with further drilling and metallurgical testing planned.

Tesoro Gold has issued a replacement Appendix 5B for the December 2025 quarter to correct an administrative error and reclassify certain deposits, ensuring consistency with its audited FY2025 financial statements.

Delta Lithium has issued a formal correction disputing a $93 billion in-ground valuation of rubidium at its Mt Ida project reported by the Australian Financial Review, citing JORC Code compliance. The company urges investors to disregard the figure and requests resumption of trading.

Many Peaks Minerals has reported significant high-grade gold intercepts from recent diamond drilling at its Ferké project in Côte d’Ivoire, advancing towards a maiden Mineral Resource Estimate planned for early 2026.

Solstice Minerals has raised A$32.6 million through a strongly supported placement to accelerate drilling and studies at its Nanadie Copper-Gold Project in Western Australia. The capital boost positions the company to expand its resource and advance feasibility work.

MRG Metals has confirmed a straightforward and scalable processing method for its high-grade rare earth mineralisation at the Garies Project, achieving an initial 72% recovery of monazite concentrate with potential for further gains.

Antipa Minerals has significantly expanded and upgraded its Minyari Project resource in Western Australia, now boasting 3.6 million ounces gold equivalent with a robust 85% Indicated classification at its core Minyari Dome deposits.