Latest Resource Estimates News

Waratah Minerals reports significant new high-grade gold intersections at its Spur Gold Project in New South Wales, extending known mineralisation and accelerating its drilling program with nine rigs active.

Condor Energy has identified extensive deepwater turbidite reservoirs across its TEA-86 offshore acreage in Peru’s Tumbes Basin, significantly reducing exploration risk and advancing plans for drilling and licence conversion.

Coppermoly Limited has expanded its Australian footprint by acquiring the Wyemandoo Project in Western Australia, adding high-grade critical minerals to its portfolio. The acquisition enhances exploration potential across a combined 1,805 square kilometres in WA and Queensland.

Dart Mining NL has revealed promising high-grade gold results from rock chip sampling at its Triumph Gold Project, expanding exploration targets near the Norton Mine in Central Queensland. The findings set the stage for upcoming diamond drilling to better define resource potential.

Alice Queen Limited reveals promising trench sampling results at its Viani gold project in Fiji, identifying a new high-grade gold target that extends the known mineralised strike to over 5km.

Aldoro Resources has revealed a major extension of mineralisation at its Kameelburg project, including a newly identified strontium-rich layer amid soaring global prices. This discovery could reshape the critical minerals landscape.

Variscan Mines’ Scoping Study for the San José Mine restart in Spain reveals strong economics, low upfront capital, and an 11-year mine life, setting the stage for zinc and lead production from 2028.

Rumble Resources has reported promising metallurgical testwork from its Western Queen Gold and Tungsten Project, confirming the potential for high-grade tungsten concentrate production alongside gold. The company is advancing a scoping study to fast-track tungsten mining and processing amid soaring global prices.

Vertex Minerals has arranged a A$9 million convertible loan facility to support underground gold production at its Reward Gold Mine, with conversion into shares and options pending shareholder approval.

Gold Mountain Limited has unveiled extensive new total rare earth oxide (TREO) anomalies at its Central Prospect within the Down Under Project in Brazil, reinforcing the area’s potential as a world-class rare earth element province. The company is advancing exploration with targeted auger drilling and plans to refine diamond drill targets.

Astral Resources reports strong assay results from its recent drilling at the Spargoville Gold Project, revealing significant high-grade gold mineralisation and expanding known deposits. Concurrent drilling at Mandilla advances resource confidence ahead of a major update later this year.

Carnaby Resources has reported exceptional high-grade copper-gold drill results from the Trek 1 extension at its Greater Duchess Project, revealing significant down-plunge continuity that promises to boost the project’s mineral inventory.