Latest Resource Estimates News

Prospect Resources reports promising Phase 2 drilling results at its Mumbezhi Copper Project in Zambia, highlighting significant copper intersections and expanded exploration initiatives. The company’s collaboration with First Quantum Minerals and structural experts underpins its ambition to substantially grow the project’s resource base.

AIC Mines has reported significant high-grade copper and gold intercepts from recent drilling at its Jericho copper deposit in North Queensland, boosting confidence in the resource and its development potential.

Equinox Resources Limited has launched a prospectus offering up to 21.8 million quoted options, including free-attaching options to placement participants and options to the lead manager as part of a strategic capital move. The offer aims to support key project developments across Brazil, Canada, and Australia, while navigating a complex risk landscape.

Askari Metals has acquired full ownership of the advanced Nejo Gold Project in Ethiopia, positioning itself in a prolific gold-copper region with significant exploration upside. The company plans systematic drilling to validate historical high-grade results and fast-track a maiden JORC resource estimate.

Antares Metals has confirmed visible copper mineralisation alongside uranium at its Queens Gift prospect within the Mt Isa North project, signalling promising multi-commodity potential.

Rox Resources reports ahead-of-schedule dewatering and compelling high-grade drilling results at Youanmi, alongside strong interest in project debt financing, signaling a clear path toward production.

Black Cat Syndicate reports robust progress in reverse circulation drilling at Fingals, delivering high-grade gold intercepts that underpin imminent mine development at Kal East.

Mithril Silver and Gold Limited has expanded its flagship Copalquin Project in Mexico, revealing an 8-kilometre-long, high-grade gold-silver system and ramping up drilling activities across multiple targets.

Macarthur Minerals has extended the timetable for its A$2 million renounceable rights issue, providing shareholders more time to participate amid ongoing regulatory scrutiny by ASIC.

Zeus Resources has completed the acquisition of the Casablanca Antimony Project in Morocco, unlocking access to exceptionally high-grade antimony mineralisation and positioning itself in a mining-friendly jurisdiction.

BPM Minerals has secured an exclusive option to acquire the Forelands Gold Project in Western Australia, featuring high-grade, near-surface gold mineralisation and plans to commence drilling in Q3 2025.

Strickland Metals has ramped up exploration at its Rogozna Project in Serbia by deploying an eighth diamond drill rig focused on expanding a promising high-grade gold zone within the Shanac Deposit. The company’s strong cash position and recent strategic investment underpin its aggressive growth strategy.