Latest Resource Estimates News

Stavely Minerals has initiated an updated 2026 Scoping Study for its Stavely Project, reflecting significantly improved metal prices and exploration results that extend gold mineralisation across multiple prospects.

Xstate Resources has reported a promising gas discovery at its Diona-1 well in Queensland, updating prospective resources to 200 billion cubic feet and securing funding for upcoming appraisal and production testing.

European Lithium Limited has bolstered its cash reserves with over A$300 million from share sales in Critical Metals Corp, while delivering promising high-grade rare earth drilling results at its Greenland Tanbreez Project.

Industrial Minerals Ltd has announced a maiden JORC Inferred Mineral Resource Estimate of 6.2 million tonnes at 98% silica for its Pippingarra Quarry Project, signalling a significant step forward in supplying high-value quartz to advanced technology markets.

Tennant Minerals has announced its first high-grade copper-gold Mineral Resource Estimate for the Bluebird discovery, alongside a new drilling program targeting gold extensions. The company also advances a regional processing alliance, setting the stage for further development.

Eminence Minerals reports strong near-surface rare earth results in Brazil and advances a judicial review over heritage site decisions in Western Australia, while appointing new leadership to drive growth.

Leeuwin Metals has delivered a maiden Mineral Resource Estimate of over 340,000 ounces at its Marda Gold Project, marking a significant milestone less than a year after acquisition. Strong drilling results at Evanston underpin promising resource growth prospects.

Lakes Blue Energy has completed drilling and begun production testing at its Wombat-5 well, while progressing plans for proof-of-concept drilling at the Portland Energy Project targeting up to 1 trillion cubic feet of gas.

Kaili Resources has reported promising rare earth element assay results from its South Australian tenements and launched a new focused drilling campaign at the Mallee Project, signalling a step forward in its exploration ambitions.

Moab Minerals has terminated its acquisition of the Sasare Cu-Au Project in Zambia and is now concentrating on advancing its Manyoni Uranium Project in Tanzania, buoyed by strong uranium prices and strategic tenement acquisitions.

Torque Metals reports significant high-grade gold discoveries extending beyond current resources at its Paris Gold Project, backed by a $15 million placement that leaves the company well-funded for aggressive drilling in 2026.

Northern Minerals has made significant strides in developing its Browns Range Heavy Rare Earths Project, securing substantial funding support from US and Australian agencies alongside a $60.5 million capital raise. Exploration success and engineering progress position the company for a Final Investment Decision by late 2026.