Latest Resource Estimates News

Lunnon Metals has revealed significant gold assay results from both recent and historical drilling at its Cooee prospect, highlighting a promising new target within its Kambalda Gold & Nickel Project. These findings elevate Cooee to a high-priority status alongside established prospects in the Foster Gold Belt.

Ardea Resources reports significant progress on the Kalgoorlie Nickel Project’s Definitive Feasibility Study, completing key drilling and advancing permitting to support a multi-decade nickel-cobalt operation.

Westgold Resources has unveiled a maiden Mineral Resource Estimate of 2.3 million ounces of gold at its Fletcher Zone, effectively doubling the Beta Hunt mine’s resource base and setting the stage for expanded production.

FireFly Metals has successfully completed a C$28.4 million Canadian bought deal as part of a broader A$70.1 million equity raising, positioning the company to advance its high-grade copper-gold projects in Canada.

Cygnus Metals has raised A$18.3 million through a well-supported share placement to accelerate resource expansion and mining studies at its flagship Chibougamau copper-gold project following strong drilling results.

Osmond Resources has reported strong assay results from Zone 2 of its Orion EU Critical Minerals Project in Southern Spain, revealing high-grade rutile and zircon mineralisation. The company is now prioritising a maiden drilling program to validate these findings and advance project development.

Unico Silver Limited reports compelling assay results from infill drilling at its La Negra prospect, confirming thick, shallow, high-grade silver mineralisation that supports its PLUS 150 development strategy and upcoming JORC resource upgrade.

Lode Resources has announced a maiden Mineral Resource Estimate for its Webbs Consol project in New South Wales, revealing a high-grade silver equivalent resource of 32 million ounces. The estimate confirms the project's potential with strong grades and promising metallurgical recoveries.

Nimy Resources has wrapped up a major drilling campaign at its Block 3 Gallium Prospect in Western Australia, setting the stage for a maiden resource estimate by year-end. Early assays reveal promising high-grade gallium, fueling optimism amid growing global demand for this critical metal.

Pivotal Metals has successfully extended the shallow mineralisation strike at its Horden Lake project in Quebec by 500 metres, confirming continuity and higher-grade zones through its 2025 step-out drilling program. The results also validate electromagnetic surveys as a powerful exploration tool, revealing multiple undrilled targets.

ADX Energy has identified seven drill-ready shallow gas prospects in its Upper Austria licences, with a multi-well drilling program planned for late 2025. The company aims to leverage advanced seismic data and cluster development to optimise production and reduce costs.

Western Gold Resources has signed a binding toll milling agreement with Wiluna Mining Corporation, fast-tracking the Gold Duke Project towards near-term production amid record gold prices.