Latest Resource Estimates News

Trigg Minerals has revealed a large-scale, high-grade tungsten skarn system at its Tennessee Mountain Project in Nevada, based on detailed review of 1956 historical data. The company plans a phased exploration program to validate and expand these promising results.

Western Yilgarn Limited has identified seven promising gold exploration targets within its Gascoyne Gold Project, located just 8.7km from Benz Mining’s Glenburgh deposit in Western Australia. The findings stem from a detailed geophysical review highlighting structural and magnetic features analogous to the nearby gold system.

West Coast Silver Limited has launched an intensified exploration campaign at its Elizabeth Hill Silver Project following impressive initial drilling results, aiming to expand and quantify near-surface and deeper silver mineralisation.

Nagambie Resources has amended its drilling update to include detailed economic assumptions and geological parallels with the nearby Costerfield Mine, reinforcing confidence in its Nagambie Mine project.

Prospech Limited has announced a pro-rata renounceable entitlement offer aiming to raise up to $1.62 million to fund metallurgical testing and exploration at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, reflecting the company’s ongoing development efforts and funding needs.

Manhattan Corporation has completed its inaugural fieldwork at the Hook Lake Project in Nunavut, revealing extensive mineralized outcrops beyond known areas and setting the stage for a high-resolution magnetic survey and maiden drilling campaign in 2026.

Unico Silver Limited has secured $25 million in funding to restart drilling at its Joaquin Project in Argentina, targeting promising high-grade silver zones. The company aims to upgrade resources and deliver a scoping study by mid-2026.

Lightning Minerals is set to commence a significant diamond drilling program targeting high-grade gold zones at its newly acquired Mt Turner project in Queensland, aiming to unlock deeper mineralisation along the Drummer Fault.

Horseshoe Metals has launched a new phase of reverse circulation drilling at its Horseshoe Lights Copper-Gold Project in Western Australia, targeting near-surface copper oxide and gold zones. Concurrently, the company is progressing offtake negotiations with major commodity traders.

Horizon Gold has successfully completed its renounceable entitlement issue, raising nearly $7 million including a full shortfall placement, positioning the company for further development at its Gum Creek Gold Project.

Rapid Critical Metals is set to become Australia's highest grade silver company through its acquisition of the Webbs Consol Silver Project, expanding its resource base to approximately 67 million ounces of silver equivalent at exceptional grades.

Iltani Resources has reported its highest-grade silver-indium-base metal intersections to date from diamond drilling at its Orient East project in North Queensland, reinforcing its position as Australia’s leading silver-indium discovery.