Latest Resource Estimation News

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading U.S.-focused uranium company valued at A$44.5 million. The deal consolidates key assets and promises enhanced exploration and development opportunities.

Carnavale Resources secures $7.1 million through placement and rights issue to advance the Kookynie Gold Project with a Bankable Feasibility Study underway and a strategic board reshuffle.

Leeuwin Metals has reported promising shallow high-grade gold intercepts from its maiden drilling at the Evanston Prospect within the Marda Gold Project, signaling a potentially significant discovery in Western Australia.

Aurum Resources has announced a significant 53% increase in Indicated Resources at its Boundiali Gold Project in Côte d'Ivoire, lifting the total Indicated ounces to 0.92 million and maintaining total resources at 2.41 million ounces. This milestone underscores the company's rapid drilling capabilities and sets the stage for a Pre-Feasibility Study expected in early 2026.

Oakajee Corporation has initiated a 28-hole aircore drilling program at its Paynes Find Gold Project in Western Australia, aiming to build on promising gold anomalies identified earlier this year.

Pacgold Limited has agreed to acquire the White Dam Gold Operation in South Australia, unlocking near-term gold production and cash flow with minimal upfront capital. The acquisition complements its Queensland projects and sets the stage for growth.

Celsius Resources reports significant high-grade copper-gold drill results from its MCB Project in the Philippines, reinforcing confidence in the ongoing feasibility study update.

Yari Minerals has secured approvals to begin drilling at its Rolleston South Coal Project, aiming to upgrade its substantial coal resource and confirm metallurgical quality.

Riversgold Limited has secured a grade control drill rig to commence drilling at its Northern Zone Kalgoorlie Gold Project, aiming to expand the gold mineralisation footprint between previously identified zones.

Carnaby Resources reports compelling high-grade drill results at its Trek 1 Prospect, confirming continuity of mineralisation and significant upside potential beyond current estimates.

Horizon Minerals reports outstanding high-grade gold intersections from its ongoing drilling program at the Burbanks project, reinforcing resource confidence and paving the way for future mine development.

Adelong Gold’s maiden diamond drilling at the Apollo Gold & Antimony Project in Victoria confirms significant gold mineralisation within the Dig Fault Zone, underpinning plans for resource modelling and further exploration.