Latest Resource Estimates News

Resolute Mining’s scoping study for its ABC Project in Côte d’Ivoire outlines a robust 12-year open pit gold operation with strong economic metrics, including a post-tax NPV of US$1.2 billion and a 39% IRR at US$3,500/oz gold.

5E Advanced Materials secures a decade-long boric acid offtake agreement and advances boron product development, while reporting a $12.1 million quarterly loss and planning ASX delisting.

Black Bear Minerals has boosted its Independence Project resource in Nevada to 2.2 million ounces gold equivalent, including a standout 1Moz high-grade skarn at 6.3g/t gold, achieved at a mineral growth cost of just AU$4.71 per ounce.

Tungsten Mining has kicked off on-site preparations for a major drilling campaign at Mt Mulgine, aiming to significantly expand its tungsten resource and potentially define the world's largest deposit.

Atomic Eagle’s initial drilling results at Chisebuka reveal a significant expansion of a higher-grade uranium zone, reinforcing the company’s 2026 resource growth ambitions at its flagship Muntanga Project in Zambia.

Iron Bear Resources has boosted its Indicated Mineral Resource by 114% to 4.5 billion tonnes at 29.5% Fe, while total resources fell 18% due to updated geology and economics. The Labrador Trough project now rests on a stronger technical foundation with high-quality magnetite concentrates confirmed.

Orbminco is set to begin a 2,500m drilling program at Majestic North aimed at upgrading inferred resources, testing structural controls on high-grade gold, and probing for primary mineralisation beneath the deposit.

Mithril Silver and Gold has reported robust drilling results at its Copalquin project in Mexico, confirming high-grade gold and silver mineralisation extending 300 metres beyond the 2021 resource boundary and supporting a significant resource upgrade due in June 2026.

American West Metals has published a detailed JORC 2012-compliant Mineral Resource Estimate for its West Desert Zinc-Copper-Indium-Magnetite Project in Utah, affirming solid resource continuity and robust sampling techniques.

Verity Resources has upgraded its Monument Gold Project with a maiden Indicated Mineral Resource of 66,200 ounces, lifting the total resource to 137,700 ounces and adding a new underground component.

EV Resources’ maiden drilling at Los Lirios reveals a broad, shallow antimony carbonate replacement system with promising high-grade intercepts, setting the stage for a potential bulk-tonnage open-pit development and a maiden JORC resource by Q3 2026.

GreenTech Metals has raised $7.5 million through an oversubscribed placement to accelerate exploration and development at its Munni Munni and Whundo projects in Western Australia's West Pilbara.