Latest Resource Estimation News

Resouro Strategic Metals has unveiled a robust Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project, signalling a post-tax NPV of US$715 million and a 44.2% IRR over 20 years. Meanwhile, binding agreements for mining and processing at the Novo Mundo Gold Project promise to unlock additional value.

Mithril Silver and Gold has upgraded its Target 1 resource at the Copalquin project, delivering a 196% increase in indicated ounces and incorporating mining dilution to better reflect practical extraction scenarios.

Brazilian Critical Minerals releases a robust Bankable Feasibility Study for its Ema Rare Earth Project, highlighting a US$1.47 billion post-tax NPV and a swift 0.5-year payback period, underpinned by low capital and operating costs.

EV Resources has verified continuous high-grade antimony mineralisation reaching 25.2% Sb at its Los Lirios Antimony Project through systematic underground channel sampling, underpinning plans for a maiden JORC Resource by year-end.

Cauldron Energy has updated its Yanrey Uranium Project exploration target, expanding the prospective uranium resource range to between 89.7 and 269 million pounds of uranium oxide, excluding its existing 55 million pounds resource base.

Euro Manganese has filed comprehensive NI 43-101 and JORC reports for its Chvaletice Manganese Project, confirming robust economics with a base case post-tax NPV of US$492 million and an upside scenario pushing NPV to US$798 million, driven by higher manganese prices.

Infinity Mining has flagged significant concerns over the historical copper resource estimate at its Cangai Project, prompting a comprehensive revision expected within three months.

Patagonia Lithium has ramped up pumping rates at its Formentera-Cilon lithium brine project with a 58% increase from Well 2, while advancing drilling and testing at Wells 7 and 8. The progress supports ongoing resource upgrades and operational efficiencies.

Hillgrove Resources has uncovered significant copper-gold mineralisation extending more than 100 metres below previous depths at the Kanmantoo Copper Mine, marking the deepest recorded intersection to date and reinforcing resource growth potential.

Core Energy Minerals (ASX:CR3) has validated significant recoverable rare earth mineralisation at its Tunas Project in Brazil, with leach testwork showing strong recoveries of TREO and MREO. The company plans diamond drilling to explore mineralisation beyond auger limits.

Lac Gold's latest drilling at the Astoria deposit within the Rouyn Gold Project reveals more extensive and continuous high-grade gold mineralisation, validating geological models and setting the stage for resource expansion.

Celsius Resources has struck a binding deal to offload its 95% stake in the Opuwo cobalt-copper project in Namibia to Chinalco (Xiong’an) Mining for US$15 million, freeing capital to focus on its Philippine copper-gold assets amid ongoing arbitration.