Latest Resource Estimates News

Burley Minerals is set to commence a heritage survey ahead of a major reverse circulation drilling campaign targeting over 290 hectares of Channel Iron Deposit at Cane Bore, aiming to define a significant inferred iron ore resource in Western Australia’s Pilbara region.

American West Metals has reported exceptional assay results from resampling historical drill core at its West Desert Project in Utah, revealing high-grade indium, copper, zinc, silver, and lead. The new data expands known mineralised intervals and supports ongoing drilling and government engagement.

Breakthrough Minerals has revealed promising initial assay results from its maiden diamond drilling at the Barbara Copper-Gold Project, highlighting high-grade copper mineralisation and significant resource expansion potential within and beyond current boundaries.

Dart Mining has unveiled robust assay results from diamond drilling at the Banshee prospect, confirming high-grade gold, silver, and antimony mineralisation over a 500m strike. The findings reinforce the potential for resource growth and support plans to increase Dart's stake in the Coonambula project.

Nexus Minerals has reported robust gold assay results from its Wallbrook Gold Project, with the Payns Prospect delivering continuous mineralisation including grades up to 19.00g/t Au. The ongoing drilling program is on track to expand the project's resource base ahead of a September update.

Advance Metals has reported a substantial silver intercept in its maiden diamond drill hole at the Gavilanes Project in Mexico, underlining the potential to upgrade its resource estimate later this year.

Helix Resources has boosted the inferred Mineral Resource at its Gold Basin project in Arizona to 280,000 ounces of gold, underpinning its farm-in strategy and advancing development prospects.

Black Bear Minerals has hit remarkable high-grade silver assays up to 1,169g/t at its Shafter Project in Texas, extending mineralisation beyond the existing 17.5Moz silver-only resource and revealing significant lead, zinc, and gold credits.

FireFly Metals secures ATO Class Ruling confirming its in-specie distribution of Bellavista shares as a capital return, not a dividend, clarifying tax treatment for Australian shareholders.

Strata Minerals has delivered a standout 94% hit rate in its Phase 2 drilling at the Zelica Gold Project, confirming extensive high-grade gold mineralisation and securing a development partnership to fast-track production.

Sky Metals has secured a crucial regulatory milestone for its Tallebung tin-silver-tungsten project in NSW, moving into the Environmental Impact Statement phase following the issuance of SEARs by the NSW Department of Planning. The company prepares for imminent resource and feasibility updates that could shape the project’s development trajectory.

Variscan Mines is ramping up exploration at its Novales Project in northern Spain, advancing underground and surface drilling with infrastructure upgrades and capital raising support.