Latest Resource Estimation News

Freehill Mining Limited has secured options to acquire a portfolio of promising copper-gold projects in Chile, including a JORC-compliant resource at Blanco y Negro and extensive exploration potential at Joshua and Samuel. The deal features low upfront payments and milestone-based future costs, aligning with Freehill’s growth strategy supported by its cash-generating aggregates business.

Dateline Resources has acquired the Music Valley Heavy Rare Earths Project in California, backed by historical high-grade data, and invested US$1 million in Fermi Critical Minerals to boost exploration across the US. This move complements its existing gold and rare earth projects, positioning the company at the forefront of critical mineral supply chain security.

Lunnon Metals reports a significant 49% increase in gold ounces at its Lady Herial deposit, now hosting 54,200 ounces, with mining operations underway and strong economic prospects supported by a binding Ore Purchase Agreement.

Talonx Resources has confirmed significant high-grade gold mineralisation at its Viking Gold Project, with new assays revealing up to 20.6g/t gold over one metre. The company plans to resume drilling in March 2026 to expand these promising zones.

MinRex Resources Limited (ASX: MRR) has announced a definitive agreement to acquire 100% of Electrum Discovery Corp. (TSX-V: ELY) via a statutory Plan of Arrangement, creating a combined ASX-listed gold-copper exploration company with significant assets in Serbia and Australia.

Rincon Resources has uncovered a significantly larger gold-copper mineralised zone at its Telfer South project, extending the known strike to over 1km with exceptional historic grades. This discovery sets the stage for a major drilling campaign aimed at expanding the resource base.

QMines Limited has reported visible gold in diamond core drilling at its Mount Mackenzie project, marking a promising development in its high-grade epithermal system exploration. While assays are pending, follow-up drilling is underway to better understand the mineralisation’s extent and continuity.

Native Mineral Resources (NMR) has validated historic high-grade gold mineralisation at the Podosky deposit in Queensland, advancing its Ravenswood JV mining ambitions. Early drilling results reveal significant shallow intercepts, supporting fast-tracked resource estimation and mine planning.

Marmota Limited’s maiden drilling program at Greenewood in South Australia reveals bonanza-grade gold and extensive mineralisation, with follow-up drilling set to expand the discovery further.

Critical Resources Limited highlights significant progress in its lithium and gold projects across Canada and New Zealand, alongside pioneering work in next-generation solid-state lithium-ion batteries.

PC Gold has confirmed a new high-grade gold discovery at its Spring Hill Project, with assays revealing impressive grades over significant widths in the Macau Link Zone. This breakthrough could reshape the mine’s future resource and development plans.

Capricorn Metals Ltd has reported a landmark half-year performance with underlying profit before tax soaring 128% to $206.8 million, supported by strong gold production and cash flow. The company also declared its first fully franked interim dividend, signalling confidence in its growth trajectory.