Latest Resource Estimates News

Zenith Minerals reports encouraging assay results from its Consolidated Dulcie drilling program in WA, confirming gold mineralisation consistent with its July 2025 Exploration Target and revealing high-grade intercepts. The company targets a maiden JORC Mineral Resource Estimate by late February 2026.

Venus Metals Corporation has issued a second supplementary target’s statement urging shareholders to reject QGold’s increased takeover offer of $0.21 per share, citing significant undervaluation of its key assets and improved financial position.

Sunshine Metals has expanded its drilling program at the Liontown deposit following exceptional near-surface gold and silver results, highlighting silver’s rising role alongside gold in the project’s value proposition.

Far East Gold has confirmed a 50-metre lateral extension of high-grade gold mineralisation at its Idenburg Project in Papua, Indonesia, with assay results from drillhole KSD027 revealing bonanza-grade intervals up to 175 g/t Au. This marks the fifth consecutive drillhole confirming robust gold zones, underpinning the prospect’s significant growth potential.

Brightstar Resources has reported high-grade drilling results and a 6% increase in mineral resources at its Lord Byron gold deposit, underpinning an upcoming feasibility study update.

Coda Minerals has resumed its extensive diamond drilling program at the Elizabeth Creek Copper-Silver Project, progressing towards a pivotal Pre-Feasibility Study with strong commodity price tailwinds. Approximately 70% of drilling is complete, setting the stage for updated resource estimates and enhanced project economics.

Global Uranium and Enrichment Limited has completed a major 2025 drilling campaign at its Pine Ridge Uranium Project in Wyoming, confirming widespread uranium mineralisation across multiple sandstone horizons. The results reinforce the project's potential for in-situ recovery development in a premier US uranium basin.

Leeuwin Metals has kicked off a substantial drilling program at its Marda Gold Project in Western Australia, aiming to grow its existing 342,000-ounce gold resource by targeting promising extensions and electromagnetic anomalies.

Magmatic Resources has launched a significant 5,000-metre diamond drilling campaign at its Myall copper-gold project, backed by Fortescue under a $3.5 million FY26 exploration budget. The program targets multiple promising porphyry-style deposits, aiming to build on earlier encouraging results.

Everest Metals Corporation has officially commenced mining operations at its Mt Dimer Taipan Gold Project in Western Australia, backed by a fully funded agreement with MEGA Resources. Ore extraction is underway with processing set to begin in March 2026, positioning the company for near-term cash flow.

Black Cat Syndicate has revealed multiple new high-grade gold zones within the Fingals open pit at its Kal East operation, accelerating mining and processing plans for 2026. These discoveries reinforce the long-term potential of the project and support an expansion of processing capacity.

Revolver Resources has unveiled a compelling recommencement study for its Dianne Copper Mine in Queensland, forecasting over $125 million in pre-tax free cashflow from a four-year operation producing 14,330 tonnes of high-grade copper cathode.