Latest Resource Estimates News

Aurumin Limited has reported a significant 33% increase in its Plum Pudding gold resource, now totaling 18,700 ounces, alongside promising high-grade iron ore results that have led to an expanded joint venture footprint with Newcam Minerals.

Tempest Minerals has made significant progress on its Remorse iron deposit in Western Australia, initiating metallurgical studies and signing a strategic MOU with Green Steel. The company also announced a capital raising plan to support ongoing exploration and development.

Power Minerals Limited has raised $1.3 million through a placement to fund critical exploration and due diligence at its Santa Anna Niobium Carbonatite Project in Brazil, backed by a strategic investment from Golden Worldwide Holdings.

Codrus Minerals advances its diversified exploration portfolio with permitting progress at Bull Run and promising uranium geochemical results at Jasper Wedge, while managing costs amid challenging gold markets.

Meteoric Resources has significantly expanded its Caldeira Project's Mineral Resource Estimate to 1.5 billion tonnes at 2,359ppm TREO, positioning itself as a key alternative supplier amid tightening Chinese export controls. The company anticipates releasing its Pre-Feasibility Study in June 2025.

Astute Metals reports record lithium assay results from its Red Mountain Project in Nevada, extending mineralisation and setting the stage for a maiden Mineral Resource Estimate in 2025. The company also completes a $1.8 million capital raise to fund upcoming drilling.

Critica Limited has declared a maiden Inferred Mineral Resource Estimate for its Jupiter Project, establishing it as Australia’s largest and highest-grade clay-hosted rare earth deposit. Early metallurgical testwork shows promising beneficiation results, positioning the company as a strategic player in the rare earths sector.

Aurum Resources reports exceptional high-grade gold intercepts from its Boundiali and BM tenements, advances a 100,000m drilling campaign, and completes key tenement acquisitions to underpin a Pre-Feasibility Study in Côte d'Ivoire.

Asara Resources has raised $2.3 million to advance exploration at its flagship Kada Gold Project in Guinea, appointed Matthew Sharples as CEO, and awarded a major drilling contract to Capital Drilling Guinea-SA. The company also completed the sale of non-core Burkina Faso assets, signaling a sharpened focus on its core gold interests.

PhosCo Ltd has solidified its position as a global fertiliser contender by securing full ownership of the Gasaat Phosphate Project in Tunisia and initiating a $5 million entitlement offer, while also engaging the EBRD for a potential strategic investment.

Global Uranium and Enrichment Limited has significantly expanded its Pine Ridge Uranium Project landholding in Wyoming’s Powder River Basin by approximately 85%, adding 937 new claims and enhancing exploration potential in a premier U.S. uranium district.

Venus Metals Corporation has initiated a targeted RC drilling program at its Sandstone Bellchambers Gold Project aiming to upgrade and expand its existing gold resource. The company is also advancing mining lease applications and negotiating potential sales agreements to position the project for future development.