Latest Resource Estimates News

Pacgold Limited has agreed to acquire the White Dam Gold Operation in South Australia, unlocking near-term gold production and cash flow with minimal upfront capital. The acquisition complements its Queensland projects and sets the stage for growth.

Celsius Resources reports significant high-grade copper-gold drill results from its MCB Project in the Philippines, reinforcing confidence in the ongoing feasibility study update.

Yari Minerals has secured approvals to begin drilling at its Rolleston South Coal Project, aiming to upgrade its substantial coal resource and confirm metallurgical quality.

Riversgold Limited has secured a grade control drill rig to commence drilling at its Northern Zone Kalgoorlie Gold Project, aiming to expand the gold mineralisation footprint between previously identified zones.

Carnaby Resources reports compelling high-grade drill results at its Trek 1 Prospect, confirming continuity of mineralisation and significant upside potential beyond current estimates.

Horizon Minerals reports outstanding high-grade gold intersections from its ongoing drilling program at the Burbanks project, reinforcing resource confidence and paving the way for future mine development.

Adelong Gold’s maiden diamond drilling at the Apollo Gold & Antimony Project in Victoria confirms significant gold mineralisation within the Dig Fault Zone, underpinning plans for resource modelling and further exploration.

Capricorn Metals maintains a robust 4.0 million ounce gold reserve as of June 2025, with significant drilling success at Mt Gibson and ongoing updates planned for both Mt Gibson and Karlawinda projects in FY26.

Encounter Resources reports record-breaking high-grade niobium assay results at its Green prospect, expanding the resource footprint and confirming the scale of its critical minerals system.

Great Boulder Resources reports significant high-grade gold intersections at its Side Well South prospect, advancing rapidly towards an initial Mineral Resource Estimate. The latest drilling highlights wide, shallow mineralisation that could boost the project’s overall gold inventory.

Tungsten Mining NL has updated its gold Mineral Resource Estimate at the Mt. Mulgine Project, reinforcing its integrated gold-tungsten strategy with a total of 67,500 ounces of gold now classified as Indicated and Inferred resources.

Theta Gold Mines has withdrawn its Base Case production target from its recent feasibility study due to reliance on an inferred mineral resource, raising questions about the reliability of its forward-looking projections.