Latest Resource Estimate News

Iluka Resources has reported a significant 19% increase in heavy mineral tonnage at its WIM100 deposit in western Victoria, enhancing the resource confidence and supporting its rare earths supply ambitions for the Eneabba refinery.

Western Yilgarn NL has broadened its gallium exploration at the Ida Holmes Junction Project and secured critical land access for its Cardea 2 Bauxite Project, backed by a $698,000 capital raise to advance multiple resource programs.

Helix Resources has launched significant geophysical surveys at its White Hills copper-gold project in Arizona and confirmed promising metallurgical results at its Gold Basin gold deposit, underpinning potential low-cost development. The company also completed a $2 million capital raise and secured permits for further sampling in New South Wales.

Revolver Resources has significantly upgraded the Dianne Copper Mine Project’s resource base and outlined robust economics for a mining restart, targeting first copper cathode production by late 2026.

Rand Mining Ltd reported a significant 96% increase in gold mined during the December 2025 quarter, driven by heightened activity at the Hornet open pit and strong processing through Evolution Mining’s Mungari plant. The company also posted improved cash flows amid ongoing exploration efforts.

Tribune Resources Ltd reported a 96% increase in gold mined at its East Kundana Joint Venture in the December 2025 quarter, alongside ongoing exploration progress in Ghana with assay results pending.

Gullewa Limited has increased its joint venture interest to 98.4%, initiated diamond drilling at its South Darlot Gold Project, and appointed a seasoned mining executive to its board, signalling a strategic push forward.

LinQ Minerals reports significant high-grade gold and copper intercepts at its flagship Gilmore Project, alongside a $15.4 million institutional placement to fast-track drilling programs.

Godolphin Resources has delivered a major upgrade to its Lewis Ponds project, increasing gold and silver resources significantly while confirming promising expansion targets. The company also raised $1.68 million to fund further development.

Mt Malcolm Mines NL has taken a major step forward with the acquisition of a 500,000 tonnes per annum gold processing plant and an oversubscribed $3.05 million capital raise, while drilling at Picnic South confirms consistent near-surface gold mineralisation.

Mount Ridley Mines has announced a maiden scandium mineral resource estimate of nearly 368 million tonnes at its Mount Ridley Project in Western Australia, positioning it among the world’s largest scandium deposits.

TG Metals Limited has reported strong drilling results at its Van Uden Gold Project and maiden drilling success at Gold City, setting the stage for an updated Mineral Resource Estimate in early 2026.