Latest Resource Estimates News

Verity Resources has completed a rigorous validation of historical drilling data at its Monument Gold Project, confirming high-grade gold zones within a 154,000-ounce inferred resource. Phase one infill drilling at Korong is complete with assays pending, setting the stage for a resource upgrade.

Forrestania Resources has signed a binding agreement to acquire the Burracoppin Gold Project from Askari Metals, adding a significant JORC resource near a major WA gold mine. The deal includes cash, shares, and options, linking Forrestania to promising African exploration assets.

Ora Banda Mining Limited reports a 24% increase in Ore Reserves and a Mineral Resource growth to 2.11 million ounces at its Davyhurst Gold Project, setting the stage for an ambitious $73 million exploration program in FY26.

Askari Metals has agreed to sell its Australian gold assets to Forrestania Resources for A$700,000, enabling a strategic pivot towards its promising African exploration projects.

Kingsgate Consolidated reports a strong FY25 at its Chatree Gold Mine with 75,000 ounces produced and sets ambitious FY26 targets, while advancing its Chilean project.

Red Mountain Mining has secured 87 claims in Utah’s historically rich Antimony Mining District, strategically adjoining Trigg Minerals’ high-grade Antimony Canyon Project. This move strengthens RMX’s position in the US critical minerals sector amid rising antimony prices and government supply chain initiatives.

Titan Minerals’ joint venture partner Hanrine has significantly expanded the known porphyry copper mineralisation at the Linderos Copper Project in Ecuador, completing 25,000 metres of diamond drilling that reveals extensive mineralised zones open at depth and laterally.

Hillgrove Resources has completed its Nugent Acceleration Project ahead of schedule, boosting underground development and early ore processing. However, the company has lowered its 2025 copper production guidance and raised cost estimates due to geological challenges.

Tesoro Gold’s updated Scoping Study for the El Zorro Gold Project in Chile highlights a technically straightforward open pit operation with strong economics, projecting 1.26 million ounces of gold production over 13.5 years.

Pacgold’s latest drilling at the Alice River Gold Project reveals high-grade gold intersections, including visible gold up to 42.3 g/t, supporting a potential Mineral Resource Estimate upgrade. Regional drilling continues with promising targets ahead.

Benz Mining reports robust drilling results at Zone 126 within its Glenburgh Gold Project, confirming a multi-lens, kilometre-scale high-grade gold system with significant growth potential.

Forrestania Resources has confirmed high-grade gold mineralisation at its Lady Lila prospect, upgrading the JORC-compliant resource to over 40,000 ounces. A third drilling campaign is planned to further expand the deposit.