Latest Resource Estimates News

Kairos Minerals has revealed a significant new gold discovery at its Mt York project in Western Australia, highlighted by a 53m intercept grading 1.45 g/t Au near Main Hill. This breakthrough could materially expand the project’s 1.4 million ounce resource base.

Aldoro Resources has unveiled promising assay results from its Kameelberg project in Namibia, revealing high-grade niobium mineralisation and extending the deposit to approximately 1,100 meters. These findings reinforce the project's potential as a significant polymetallic resource.

Great Boulder Resources has reported significant high-grade gold intersections extending the Ironbark deposit 180 metres south, with assays up to 39.5g/t Au, suggesting a substantial resource expansion potential.

Manuka Resources has confirmed a maiden Probable Ore Reserve of 290,000 tonnes at 4.2g/t gold for its Mt Boppy Open Pit, adding approximately 39,000 ounces to its Cobar Basin production plan. The project delivers a robust pre-tax NPV8 of A$43.2 million and an IRR of 64%, with ore to be processed at the existing Wonawinta plant.

Beacon Minerals has updated the Laterite Mineral Resource at its Iguana Deposit, reporting 1.2 million tonnes at 0.92 g/t gold for 36,000 ounces. This upgrade enhances confidence in the Lady Ida Project’s near-surface gold potential ahead of an ore reserve estimate expected next year.

Australian Gold and Copper Ltd (AGC) has agreed to acquire the Browns Reef Project from Eastern Metals, significantly enlarging its South Cobar tenure and advancing its silver-gold exploration ambitions.

Havilah Resources has reported its highest gold grades yet from drilling at the Mingary Mine prospect, revealing a quartz-sulphide lode extending over 3 km and hinting at expanded resource potential within the Mutooroo Project Area.

Hawthorn Resources has initiated an extensive 8000m reverse circulation drilling program at its Anglo-Saxon gold project, aiming to enhance resource confidence and explore expansion opportunities following a positive pit optimisation study.

Altair Minerals has entered a binding agreement to acquire up to 70% of the Greater Oko Project in Guyana, positioning itself as a leading gold explorer in a rapidly emerging district adjacent to major discoveries.

Variscan Mines has successfully raised A$2.5 million through a two-tranche placement to advance its high-grade zinc projects in Spain and pursue a strategic earn-in on promising zinc assets in Ireland.

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

Horseshoe Metals advances its Horseshoe Lights copper-gold project with mining approval secured, site mobilization underway, and new drilling planned to expand resources.