Latest Resource Estimates News

Heavy Rare Earths Limited (ASX – HRE) has struck a binding agreement to acquire an 80% interest in the Prospect Hill tin project, South Australia’s largest and most advanced tin deposit, expanding its footprint in critical minerals.

Gorilla Gold has unveiled a major Mineral Resource upgrade at its Mulwarrie Gold Project in Western Australia, boosting contained gold ounces by 340% to 350,000 at a higher grade of 3.6 grams per tonne. This pivotal update sets the stage for further growth and development in a prolific gold region.

Cobre Limited has released its first Mineral Resource Estimate for the Comet Deposit within Botswana’s Ngami Copper Project, revealing significant copper and silver resources with promising economic extraction potential.

Tesoro Gold has announced a significant 42% increase in the Ternera Gold Deposit resource at its El Zorro project in Chile, lifting contained gold to 1.82 million ounces and enhancing the project’s development potential.

Torque Metals reports a significant upgrade in gold assay results at its Paris Gold Project, confirming a high-grade 15.5m intersection grading 12 g/t gold within a broader mineralised zone. The discovery aligns with strong geophysical signals, suggesting promising potential for resource growth.

Aldoro Resources has announced a maiden JORC-compliant inferred mineral resource of nearly 280 million tonnes at its Kameelburg Rare Earth Element-Niobium project in Namibia, highlighting its potential as a strategic alternative to Chinese supply.

Norwest Minerals has completed Phase 1 of its 2025 drilling campaign at the Bulgera Gold Project, intersecting promising mineralised zones and announcing a 33% resource increase. Assay results are pending, with Phase 2 drilling set to begin next month.

Future Battery Minerals Ltd has identified seven broad gold targets at its Burbanks East project in Western Australia, leveraging magnetic geophysics and historical data. The company is advancing tenure grant and preparing for further drilling, supported by a strong cash position.

Minerals 260 Limited's latest drilling at the Bullabulling Gold Project reveals significant gold mineralisation extensions beneath and along strike from existing resources, including standout high-grade intercepts at Bacchus and Phoenix deposits.

Catalyst Metals has significantly upgraded its Trident underground gold resource, doubling indicated ounces and setting a clear path toward doubling annual production to 200,000 ounces. This milestone underscores the company’s strategic progress in the Plutonic Gold Belt.

Power Minerals Limited reports multiple wide zones of high-grade niobium and rare earth element mineralisation from its maiden drilling at the Santa Anna Project in Brazil, underscoring significant exploration upside.

Lake Resources has released an updated feasibility study for its Kachi lithium brine project, revealing significant capital and operating cost reductions that enhance the project's competitive edge in the lithium market.