Latest Resource Estimation News

DPM Metals has released a robust feasibility study for its Čoka Rakita gold project in Serbia, confirming strong economics with a $782 million net present value and a 36% internal rate of return at $1,900 per ounce gold. The study highlights increased reserves, low costs, and a clear path to production by 2029.

Latitude 66 Limited has executed binding option and joint venture agreements to acquire an 80% interest in the Laverton Gold Project, featuring a 13,500-ounce gold resource and immediate drilling underway.

Critical Resources Limited has significantly expanded its Mavis Lake Lithium Project in Ontario, boosting its landholding by 25% and advancing exploration with promising high-grade lithium intercepts. The company also secured a strategic partnership to evaluate cutting-edge solid-state lithium-ion battery technology, positioning itself for the anticipated lithium market rebound.

Black Bear Minerals has reported exceptional high-grade silver rock chip samples up to 3,100g/t outside its existing Shafter Mineral Resource in Texas, revealing promising multi-commodity potential and plans for expanded exploration.

Neometals has released initial gold assay results from its Barrambie Ranges drilling program, revealing promising high-grade intercepts that reinforce the project's exploration potential while advancing the Ironclad deposit towards production.

Ariana Resources has completed a significant drilling campaign at its Kizilcukur deposit in Türkiye, revealing promising extensions to known gold-silver zones and setting the stage for satellite ore feed to the operating Kiziltepe mine.

Finder Energy’s Kuda Tasi and Jahal oil development project in Timor-Leste received strong government endorsement and an independent resource upgrade, accelerating its path to first oil by 2027.

Santa Fe Minerals Limited has agreed to acquire an 80% stake in four promising gold projects in Côte d’Ivoire, backed by a $6 million placement to accelerate exploration. The deal significantly broadens Santa Fe’s presence in a prolific West African gold region.

Sky Metals is fast-tracking its drilling program at the Tallebung Tin Project by mobilising a second rig to test high-grade silver-tin zones and expand its resource base. Early assay results are expected in December, setting the stage for an updated Mineral Resource Estimate next year.

White Cliff Minerals has reported significant copper assay results from its maiden diamond drilling campaign at the Stark and Hulk prospects in Nunavut, Canada, reinforcing the potential of a large sediment-hosted copper system. The company plans to advance exploration with a Spring 2026 drilling program following promising geophysical data.

Paterson Resources has launched an extensive 8,500m drilling campaign at its Grace Gold Project, aiming to extend mineralisation and upgrade its gold resource classification by mid-2026.

Western Mines Group advances deep diamond drilling and a high-powered electromagnetic survey at its Mulga Tank project, leveraging co-funded grants to target high-grade nickel sulphide deposits.