Latest Resource Estimates News

Albion Resources has agreed to sell its Mongers Lake Project to Capricorn Metals for an upfront A$1.5 million, with additional milestone payments tied to resource and mining developments. This deal allows Albion to sharpen its focus on its high-grade Yandal West Gold Project.

Astral Resources has released a compelling Pre-Feasibility Study for its Mandilla Gold Project, targeting 1.4 million ounces over 19 years with strong financial metrics. The company also advances exploration across its Western Australian assets and integrates Maximus Resources into its portfolio.

Advance Metals reports robust exploration results with standout gold grades at Myrtleford and significant silver-gold intersections at Yoquivo, while advancing acquisitions that broaden its Mexican portfolio.

Native Mineral Resources has completed its first gold pour at the Blackjack Gold Project, marking a key milestone as it advances toward full production ramp-up in August 2025. The company also secured a $10 million placement to support its growth plans.

Pivotal Metals has reported a significant increase in its Horden Lake copper resource alongside promising gold discoveries at Lorraine, underscoring its growing footprint in Quebec's critical metals sector.

Kingfisher Mining has secured a strategic acquisition of copper-gold and base metal projects in NSW from Austin Metals, backed by a $1.85 million capital raise, while progressing high-grade rare earth and lithium exploration in Western Australia.

Medallion Metals has amended terms to acquire 100% of Forrestania Nickel Operation assets, while progressing strong drilling results and financing discussions at Ravensthorpe Gold Project, positioning for a Final Investment Decision in late 2025.

Capricorn Metals has agreed to acquire the Mongers Lake Project adjacent to its Mt Gibson Gold Project, aiming to unlock new gold resources in Western Australia. The $1.5 million deal includes cash and shares, with milestone payments tied to resource and mining developments.

Everest Metals Corporation has revealed a promising 1.1km gold anomaly at its Revere project, completed a key rubidium extraction study at Mt Edon, and is poised to start mining at Mt Dimer by year-end.

Peel Mining Limited has completed key drilling and commenced metallurgical testing at Wagga Tank, while advancing exploration and joint venture activities at Curnamona, maintaining a solid cash position of $1.4 million.

Red Hill Minerals reported robust royalty revenues and exploration progress in the June 2025 quarter, underpinned by strong iron ore shipments and strategic royalty acquisitions. The company’s solid cash position and advancing drill programs position it well for growth.

Estrella Resources has made significant strides in its maiden manganese drilling campaign in Timor-Leste, confirming high-grade mineralisation and advancing a major limestone marketing agreement with an Indonesian partner.