Latest Resource Estimate News

Iltani Resources has announced a maiden JORC Mineral Resource Estimate for its Orient East Silver-Indium deposit, alongside a significant $8 million investment from Queensland Investment Corporation’s Critical Minerals Fund to accelerate project development.

Tesoro Gold has reported strong progress at its El Zorro Gold Project with significant drilling results and a $34 million capital raise to advance development and exploration.

Verity Resources has reported strong assay results from Phase 2 drilling at its Monument Gold Project, confirming gold mineralisation continuity and extensions beyond the current Waihi deposit resource outline.

Orezone Gold Corporation has announced its acquisition of the Casa Berardi gold mine in Quebec, Canada, marking a strategic expansion into a Tier 1 mining jurisdiction and significantly boosting its production profile.

Waratah Minerals reports robust drilling results at its Spur gold project and launches an ambitious 80,000-metre drilling campaign in 2026, backed by a solid $28.6 million cash position.

Axel REE Limited’s latest metallurgical tests have doubled gallium extraction rates at its Caladão Project and revealed the first evidence of scandium co-recovery, signalling a promising new revenue stream.

Nova Minerals has secured US$43.4 million in non-dilutive funding from the U.S. Department of War to fully fund its domestic antimony supply chain development in Alaska, while also progressing its vast Estelle gold project with promising drilling results.

Rimfire Pacific Mining’s latest air core drilling at the Murga Exploration Target has revealed multiple broad scandium intercepts, setting the stage for a mineral resource estimate expected by March 2026. This development could significantly boost Rimfire’s scandium inventory in Australia’s Fifield district.

Carnaby Resources has announced a significant update to its Greater Duchess Copper Gold Project, reporting a 10% increase in total mineral resources and a 49% rise in indicated resources. With the Pre-Feasibility Study nearing completion and binding agreements in place, the company targets first ore production in the second half of 2026.

Australian Gold and Copper Ltd has reported outstanding deep drilling results at its Achilles deposit, revealing high-grade silver and gold mineralisation well below previous resource estimates. These findings come as silver prices surge above US$110 an ounce, potentially boosting the deposit's value.

Canterbury Resources has reported its longest and one of its highest-grade copper intersections to date at the Briggs deposit, underpinning plans for a major resource upgrade and prefeasibility study.

Dateline Resources has completed a pivotal geophysical survey at its Colosseum Gold and Rare Earth Elements project in California, revealing promising deep sulphide mineralisation zones that could expand its gold and rare earth resource base.