Latest Resource Estimates News

Power Minerals Limited has secured an option to acquire the Gamma Heavy Rare Earths Project in California, adjacent to the Mountain Pass Mine, backed by a $4.1 million placement to accelerate exploration.

Flagship Minerals’ review of Anglo American’s dataset reveals a 5km by 1.2km gold-in-soil anomaly at the Pantanillo Gold Project in Chile, significantly larger than current drill coverage and supporting plans to upgrade the resource estimate.

Turaco Gold has confirmed a significant high-grade gold discovery at its Adiopan prospect within the Afema Project, with drilling results pointing to substantial resource growth ahead of a major update. The company’s Pre-Feasibility Study remains on track, supported by a strong cash position.

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

Saturn Metals has upgraded its Apollo Hill gold resource to 2.24 million ounces with 82% now in higher-confidence categories, while successfully raising $45 million to advance development.

Eastern Metals Limited has entered a definitive agreement to acquire Raptor Resources Limited, adding significant copper and gold assets in Canada and Western Australia, alongside a planned capital raise to fund exploration and ASX reinstatement.

Strickland Metals has reported a significant shallow copper-gold intercept at its Copper Canyon Deposit in Serbia, highlighting the deposit’s growing importance within the Rogozna Project. The company’s ongoing drilling campaign aims to expand resources and advance development plans.

LinQ Minerals reports standout maiden drilling results at its Gidginbung Gold Project, revealing significant high-grade gold and copper mineralisation that could reshape the Gilmore Project’s prospects.

Ariana Resources has commenced heap-leach operations at its Tavşan Mine in Türkiye, marking a significant step toward sustained gold production and enhanced revenue streams.

Finder Energy has announced a significant upgrade to the contingent resources of its Kuda Tasi and Jahal oil fields, verified independently by RISC Advisory. This enhancement strengthens the project's development prospects and supports financing efforts ahead of a planned final investment decision in mid-2026.

Everest Metals Corporation has expanded its Revere Gold Project by acquiring the Armstrong tenement, unveiling promising gold mineralisation ahead of its maiden resource estimate.

Western Gold Resources reports strong early drilling results from its Gold Duke Project, confirming high-grade gold continuity and securing full funding through to production.