Latest Resource Estimates News

Astute Metals reports a significant lithium-in-soil anomaly at its Red Mountain Extension project in Nevada, with soil grades up to 1,080ppm and rock chip samples confirming bedrock mineralisation up to 2,690ppm. The company is streamlining its Nevada claims to focus capital on this promising discovery.

Flagship Minerals has commenced a comprehensive review of a vast dataset acquired from Anglo American for its Pantanillo Gold Project in Chile, confirming a large oxide gold system with exceptional drill results. This positions the company to fast-track a JORC-compliant Mineral Resource Estimate and advance towards production.

AuKing Mining has achieved a critical due diligence milestone with Nebari, paving the way for an A$8 million credit facility to accelerate development of its Cloncurry Gold Project in Queensland.

Westgold Resources reports a significant 24% increase in gold Mineral Resources to 16.3 million ounces and a 5% rise in Ore Reserves to 3.5 million ounces, underpinning a decade-long Reserve life with robust milling capacity.

Advance Metals is advancing plans to convert over 100 million ounces of silver-equivalent Foreign Estimates into JORC-compliant resources across three high-grade Mexican projects, following recent acquisitions and drilling programs.

Emperor Energy has initiated a farm-in process to fund the Judith-2 appraisal well, aiming to unlock substantial gas reserves offshore Victoria and address tightening East Coast gas supply.

Blaze Minerals has confirmed a new critical mineral discovery at its Ntungamo Project in Uganda, reporting high-grade Gallium and Rubidium intercepts from recent diamond drilling.

Terrain Minerals has reported a significant gold intersection of 22 metres at 2.71 g/t from its recent drilling at the Lightning & Monza Gold Prospect, reinforcing its exploration strategy and advancing the project towards a resource estimate.

Power Minerals has initiated leach testing on high-grade rare earth element samples from its Santa Anna Project in Brazil, aiming to unlock processing pathways and confirm resource potential. Results expected this month will guide further drilling and resource estimation.

Asra Minerals confirms multiple high-grade, near-surface gold intercepts at its Leonora South Gold Project, setting the stage for a maiden resource estimate and further exploration.

Nexus Minerals reports standout one-metre gold assay results up to 30.05 g/t at its Payns Prospect, part of the Wallbrook Gold Project, and launches a new 6,000-metre drilling campaign targeting nearby prospects.

Marmota Limited has enlisted titanium specialist Richard Stockwell to advance its promising Muckanippie titanium mineral sands project, aiming to refine resource estimates and guide future drilling programs.