Latest Resource Estimates News

Taruga Minerals has entered a 12-month option to acquire two advanced gold and copper projects in Papua New Guinea, backed by a $1.5 million capital raise to fund exploration and resource development.

Li-FT Power Ltd. has agreed to acquire Winsome Resources Limited and a controlling interest in the Galinée property, aiming to create a leading hard rock lithium developer in Canada with enhanced resource scale and market presence.

Great Divide Mining and Dart Mining have reported the highest gold grades ever recorded at the Banshee Antimony Mine within the Coonambula Project, highlighting a promising mineralised system in Central Queensland.

Metal Bank Limited (MBK) has announced its first formal gold resource estimate at the Seven Leaders Starter Pit, marking a pivotal step towards production in 2026. The 6,300-ounce resource underpins a strategy to leverage existing infrastructure and minimise capital costs.

Western Yilgarn NL has secured critical access rights for its Cardea 2 Bauxite Project, enabling immediate fieldwork, while simultaneously initiating ground exploration at the Ida Holmes Junction Project targeting key critical minerals.

Dart Mining has reported its highest gold assay results to date from the Banshee antimony-gold mine in Queensland, revealing promising mineralisation that could signal a significant gold-rich system. The ongoing drilling program and forthcoming assays are set to further define the project's potential.

Westgold Resources is set to demerge its non-core Reedy and Comet gold projects into a new ASX-listed entity, Valiant Gold, aiming to unlock value and fast-track cash flow through a strategic ore purchase agreement.

EV Resources is set to begin a fully funded maiden diamond drilling program at its high-grade Los Lirios antimony project in Mexico, aiming to define a maiden JORC resource by Q3 2026. This marks a pivotal step toward production readiness and a broader 2026 exploration campaign.

Godolphin Resources has significantly upgraded its Lewis Ponds deposit, increasing total tonnage by 78% and gold content by 34%, setting the stage for an upcoming scoping study.

Future Metals NL has completed strategic planning that enhances its flagship Panton PGM Project’s value, driven by a 35% rise in platinum group metal prices and expanded exploration programs. The company is also advancing infrastructure options and strengthening its management team to accelerate development.

Fortescue Ltd has announced a binding agreement to acquire the remaining 64% of Alta Copper, gaining full control of the Cañariaco Copper Project in Peru. The deal values Alta Copper at C$139 million and aligns with Fortescue’s expanding copper strategy.

Dateline Resources reports compelling new high-grade gold drill results at its Colosseum Gold-REE Project in California, reinforcing resource confidence and advancing its feasibility study. The findings hint at improved early mine production and underscore rare earth element potential.