Latest Resource Estimates News

Strike Energy has announced a 19% increase in its 2P gas reserves at the West Erregulla field, now standing at 251 PJ net to the company, alongside promising upgrades at Erregulla Deep and new resource prospects across its Perth Basin licences.

Sovereign Metals has significantly upgraded its Kasiya Rutile-Graphite Project resource, increasing measured and indicated rutile by 32% ahead of its definitive feasibility study. This cements Kasiya as the world’s largest natural rutile deposit, reinforcing its strategic importance in critical mineral supply chains.

Corazon Mining Limited has secured rights to apply for exploration licences covering 537 km² in the Plutonic Marymia Greenstone Belt, following a withdrawal agreement with IGO Limited that includes access to proprietary historical data.

Redcastle Resources has reported promising high-grade gold intercepts from a broad spaced drilling program, revealing a potential westward extension of the Redcastle Reef mineralisation beyond its current footprint. This discovery opens new avenues for resource growth and mine planning flexibility.

McLaren Minerals has launched a major drilling campaign at its McLaren Titanium Project, aiming to upgrade resource classifications and expand the deposit ahead of a Bankable Feasibility Study.

Stavely Minerals has announced a major upgrade to its Mineral Resource Estimate at the Stavely Copper-Gold Project, more than doubling tonnage and significantly boosting contained metals. This sets a robust foundation for its 2026 Scoping Study targeting a decade-long copper production.

MRG Metals confirms robust rare earth oxide mineralisation at its Garies project in South Africa, hitting a peak 4.49% TREO over 6.6 metres. This breakthrough drilling result underscores the project's potential as a critical supplier of magnet rare earths vital for clean energy technologies.

Ark Mines Limited has secured a crucial mining licence for its Sandy Mitchell Rare Earths Project in North Queensland, marking a key step toward development and commercialisation.

Siren Gold’s latest drilling at its Sams Creek Project in New Zealand confirms significant gold mineralisation outside the established Main Zone, highlighting promising expansion potential along the 7km Sams Creek Dyke.

Arika Resources has reported strong initial 2026 drilling results at its Pennyweight Point prospect within the Yundamindra Gold Project, confirming thick, high-grade gold mineralisation and expanding near-surface oxide zones.

Unico Silver Limited has announced a substantial 143% increase in the Mineral Resource Estimate for its Joaquin Project in Argentina, now totalling 167 million ounces silver equivalent. This growth underpins the company’s upcoming Pre-Feasibility Study and strengthens its position in the global silver market.

European Resources Limited (ASX: ERE) has announced a $4.26 million renounceable entitlement offer to accelerate exploration and metallurgical work at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, providing shareholders with a strategic opportunity amid significant recent resource growth.