Latest Resource Estimates News

Resources & Energy Group Limited (ASX, REZ) has announced its first inferred mineral resource at the Gigante Grande prospect, part of the East Menzies Gold Project in Western Australia, marking a significant milestone with 40,700 ounces of gold identified within an optimised open pit shell.

Moab Minerals has upgraded its Manyoni Uranium Project resource by 25%, now totaling 27.19 million pounds of U3O8 at 136ppm grade, with promising shallow mineralisation suited for cost-effective strip mining.

Golden Horse Minerals has confirmed significant high-grade gold mineralisation at its Hopes Hill project in Western Australia, prompting an accelerated drilling program with four rigs now active. The latest diamond drilling results reinforce the potential for a substantial gold resource.

Lunnon Metals reports robust high-grade gold assay results from its Lady Herial deposit, reinforcing confidence in its upcoming open pit development plans within the Kambalda Gold & Nickel Project.

Central Iron Ore Limited has finalized assay results from its 2025 Phase 1 drilling campaign at the British King Project, revealing multiple significant high-grade gold intercepts and confirming down dip extensions of mineralisation.

Beacon Minerals has released the final batch of assay results from its extensive Stage 2 drill program at the Iguana Deposit, revealing multiple high-grade gold intersections and validating historical data. These findings set the stage for an updated Mineral Resource Estimate later this year.

Terra Metals has intersected a 58-metre thick titano-magnetite reef at its Southwest Prospect, marking the thickest reef found to date within the Dante Project and significantly expanding its resource potential.

Kincora Copper Limited has regained 100% ownership of its Mongolian copper-gold assets after Orbminco Limited's withdrawal, positioning itself to advance exploration and development at the promising Bronze Fox project.

Lakes Blue Energy reports strong gas shows at its Wombat-5 well in Victoria’s Gippsland Basin, reinforcing hopes for a commercially viable gas development.

Omega Oil and Gas has raised A$46 million through a strongly oversubscribed institutional placement, positioning the company to advance its Canyon Project and expand its footprint in Queensland’s Taroom Trough. The capital injection will fund a 2026 drilling program and strategic partnerships amid looming east coast gas supply shortfalls.

TG Metals Limited has raised $4 million through a strongly supported placement to fast-track drilling and exploration at its Van Uden Gold Project in Western Australia’s Forrestania Greenstone Belt.

Carnaby Resources has reported a game-changing drill result at its Trek 1 prospect, intersecting 7m at 9.3% copper equivalent, significantly extending known mineralisation beyond the current resource estimate.