Latest Resource Estimation News

Odyssey Gold has reported strong reverse circulation drilling results at its Tuckanarra Project, reinforcing the existing resource model and advancing plans for a resource upgrade. The Highway Deposit continues to demonstrate promising grade continuity and open pit potential.

DPM Metals has announced a substantial inferred mineral resource at its Rakita Camp in Serbia, highlighting 2.6 million ounces of gold and 1.9 billion pounds of copper. This milestone underscores the camp's potential as a district-scale gold-copper system with promising growth prospects.

Olympio Metals has completed a targeted soil sampling campaign and initiated resampling of historical drill core at its Bousquet Gold Project in Quebec, aiming to expand the known mineralised strike and refine drill targets ahead of a follow-up drilling program.

Adavale Resources has launched a technically advanced second phase drilling campaign at its London-Victoria Gold Mine, aiming to expand the gold resource beyond current estimates. Led by new Managing Director David Ward, the program builds on promising initial results and structural insights.

Zuleika Gold Limited has nearly doubled the mineral resource at its Credo Well Gold Project to 22,500 ounces, with mining lease applications underway and detailed mining studies planned for next year.

FireFly Metals has successfully raised over C$30 million through a Canadian bought deal and approximately A$106.5 million via an Australian equity raise to fund key development and exploration at its Green Bay Copper-Gold Project in Newfoundland.

ABx Group has produced its maiden mixed rare earth carbonate from Tasmania’s Deep Leads deposit, boasting dysprosium and terbium contents far exceeding peers and commanding a premium basket price.

Unico Silver Limited has reported strong high-grade silver and gold assay results from infill drilling at its Joaquin Project in Argentina, confirming mineralisation continuity and expansion. These results underpin the company’s ongoing feasibility study and resource upgrade plans.

VBX Limited has released assay results from 28 infill drilling holes at its Wuudagu CNN bauxite deposit, confirming consistency with previous resource estimates and aiming to boost confidence for inclusion in the upcoming definitive feasibility study.

Resolution Minerals Ltd reports compelling drill results from its Horse Heaven Project in Idaho, confirming a large, continuous gold system open along strike and at depth. The initial six diamond core holes reveal broad mineralisation over 600m, with further drilling underway.

ADX Energy has reported a significant 31% increase in its prospective gas resources for the Sicily Channel offshore permit, driven by new data from nearby fields and historic wells.

Barton Gold Holdings has reported robust high-grade gold assay results from infill drilling at its Tunkillia S1 Starter Pit, reinforcing the project's strong grade potential and underpinning a projected A$825 million operating profit in the first year.