Latest Resource Estimates News

Greenwing Resources reports solid progress across its lithium and graphite assets in Argentina, Madagascar, and Tasmania, completing a $3.5 million equity raise and appointing a new chairman.

Astute Metals NL has successfully raised $5.5 million through an oversubscribed placement to advance its Nevada lithium and gold projects, including a maiden resource estimate and new drilling campaigns.

Meteoric Resources has announced a maiden Ore Reserve at its Caldeira Project alongside a breakthrough processing partnership and a heavily oversubscribed $42.5 million equity raise, positioning it as a key player in the evolving rare earths market.

Comet Ridge Limited has made significant progress in its Mahalo Gas Hub development, advancing engineering design, certifying substantial new gas reserves, and securing extended financing to support a Final Investment Decision.

Gold Mountain Limited has kicked off diamond drilling at its Irajuba rare earth project in Brazil, defining a significant exploration target while securing $3.05 million to fuel ongoing exploration.

Burgundy Diamond Mines has updated its Ekati Diamond Mine Life of Mine plan through 2040, extending Misery underground operations and advancing the Fox Underground project with strong economic prospects.

Australian Critical Minerals has acquired six exploration projects in Peru, significantly broadening its portfolio with targets in gold, copper, silver, base metals, and lithium. The company also completed a $1 million capital raise to fund upcoming exploration activities.

PhosCo Ltd reports significant progress at its Gasaat Phosphate Project in Tunisia, unveiling promising drilling results and securing potential strategic investment from the EBRD to fund its next development phase.

OzAurum Resources has confirmed and extended high-grade gold mineralisation at its Mulgabbie North project through multiple drilling programs, while appointing a new chairman to guide its next growth phase.

Superior Resources Limited has expanded its copper exploration strategy to include high-grade copper-gold targets alongside porphyry prospects, while progressing the Steam Engine Gold Project towards early production within two years.

Perpetual Resources is advancing plans for deeper drilling at its Raptor Rare Earth Project in Brazil, aiming to unlock significant resource potential and support a maiden JORC estimate.

Maronan Metals has significantly upgraded its Maronan deposit resource, doubling indicated silver-lead tonnage and adding near-surface copper-gold resources, setting the stage for imminent economic assessment results and development progress.