Latest Resource Estimates News

Torque Metals has confirmed multiple downhole electromagnetic (DHEM) conductors at its Paris Gold Project, pointing to significant extensions of high-grade gold mineralisation beyond the current resource estimate. This breakthrough highlights substantial exploration upside within a prolific Western Australian gold belt.

OD6 Metals has secured regulatory approval to resume exploration at its historic Gulf Creek Copper Project in NSW, with assay results from six completed drill holes expected soon to shape future programs.

TG Metals has updated its Van Uden Gold Project resource model following recent drilling and resurveying, revealing significant high-grade gold intercepts and confirming mineralisation continuity along a 2.5km strike. An updated JORC-compliant Mineral Resource Estimate is expected by the end of May 2025.

Patagonia Lithium Ltd reports exceptional Nuclear Magnetic Resonance (NMR) porosity and specific yield results from well JAM24-04 at its Formentera Lithium Brine Project in Argentina, revealing porosity values more than double previous estimates and promising lithium concentrations that bolster project viability.

Turaco Gold has announced a significant 40% increase in its Afema Project gold resource in Côte d’Ivoire, now totaling 3.55 million ounces at an improved grade of 1.2g/t. The company is advancing towards a pre-feasibility study and environmental assessments, underpinning the project’s growing stature in West Africa.

Barton Gold Holdings has released an Optimised Scoping Study for its Tunkillia Gold Project, revealing significant improvements in project economics, including a sub-one-year payback and reduced capital expenditure. The study paves the way for accelerated feasibility work and funding efforts.

New World Resources has announced a significant 25% increase in the Antler Copper Project's mineral resource, enhancing geological confidence and contained metals, setting a robust stage for production targeted in 2027.

Dreadnought Resources has wrapped up a comprehensive 2,724m drilling campaign across multiple targets at its 100% owned Mangaroon Gold Project, with assay results expected in May and June 2025. This program aims to bolster near-term production ounces and advance the company’s self-funded exploration strategy.

Classic Minerals Limited has completed the sale of its Kat Gap tenements for A$7 million, using the proceeds to retire debt and accelerate exploration at its Lady Ada and Lady Magdalene gold projects within the Forrestania region.

Dateline Resources has gained critical U.S. regulatory approval for its Colosseum Gold-REE Project, unlocking rare earth exploration rights and pursuing an OTCQB listing to engage American investors.

Equinox Resources has successfully raised A$3 million through a strategic placement to fund key milestones across its titanium, antimony, and iron ore assets. The capital injection aims to drive resource estimation, drilling, and legal progress in multiple jurisdictions.

Codrus Minerals has obtained a significant drilling permit for its Bull Run Gold Project in Oregon, reviving exploration at a historically productive site with promising past results and strong government support.