Latest Resource Estimates News

Many Peaks Limited reports significant new gold mineralisation at its flagship Ferké Project, with diamond drilling extending the known resource and plans for further exploration underway.

Gorilla Gold reports robust drilling results from its Comet Vale Gold Project, setting the stage for a significant December 2025 resource update. The company’s exploration success at Cheer, Lakeview, and Sovereign prospects highlights promising high-grade gold intercepts.

Dart Mining has announced a substantial Exploration Target at its Triumph Gold Project in Central Queensland, outlining a promising growth pathway beyond its existing resource base. The target highlights both near prospect extensions and new regional deposits, setting the stage for an extensive drilling campaign.

Lefroy Exploration has initiated diamond drilling at its Burns Gold Deposit, targeting the high-grade core to enhance metallurgical understanding and resource potential. This move follows promising earlier test results and sets the stage for further resource expansion.

Capricorn Metals has released a conceptual study indicating promising underground mining opportunities at its Orion South deposit within the Mt Gibson Gold Project, potentially boosting gold production beyond current open pit plans.

Capricorn Metals has expanded its Orion South Underground Mineral Resource Estimate at Mt Gibson to 895,000 ounces, marking a 31% increase since July 2025. This growth, driven by extensive diamond drilling, underscores the project's underground potential alongside ongoing open pit operations.

Variscan Mines has reported new underground drilling results at the Udías Mine, revealing high-grade zinc mineralisation exceeding 20% zinc outside the existing resource estimate. These findings reinforce the potential for resource expansion and support ongoing mine development plans.

Dreadnought Resources has lodged a mining lease application for its high-grade Metzke’s Find gold deposit, marking a key step towards production within the Illaara Gold Project. Drilling to expand and upgrade the resource is set to begin imminently.

Belararox Limited has initiated advanced geophysical surveys at its Toro South target in Argentina, setting the stage for drilling in late 2025. Age dating confirms geological similarities to major copper systems, enhancing the project's appeal.

Power Minerals Limited updates its acquisition of the Gamma Heavy Rare Earths Project in California, clarifying historical data limitations and securing $4.1 million to fund exploration activities.

Gibb River Diamonds has commenced mining at its Neta Gold Prospect in WA, with ore processing agreements in place and first cashflow anticipated by early 2026. The company also outlines ambitious exploration plans for its broader portfolio.

Dart Mining’s first drill hole at Great Divide Mining’s Coonambula project reveals impressive high-grade antimony and gold assays, validating the joint venture’s exploration strategy and promising further resource development.