Latest Resource Estimation News

Black Bear Minerals’ re-analysis of historic drill core at Texas’s Shafter Silver Project reveals up to 147% higher silver grades and confirms polymetallic potential, prompting an expanded resource review and plans for a JORC upgrade.

Infinity Metals has locked in an exclusive option to acquire 100% of the Tule Canyon molybdenum-copper project in Nevada, a historically explored porphyry deposit with promising drill results and strategic positioning amid soaring molybdenum prices.

Sky Metals has voluntarily suspended its ASX-listed securities pending a material announcement regarding its Tallebung Tin-Tungsten-Silver Project, with trading expected to resume by 10 August or upon release of the news.

Magnum Mining has reported robust rare earth element results from 92 new auger holes at its Piracanjuba North project in Brazil, confirming widespread mineralisation across multiple centres and accelerating its 10,000m drilling program ahead of schedule.

QMines Limited has boosted the Mount Mackenzie gold and silver resource by 32% in gold ounces, with 70% now classified as Indicated, following a comprehensive 73-hole drilling campaign that enhanced geological confidence and resource scale.

Strata Minerals is pushing forward multiple technical workstreams at its Zelica Gold Project in Western Australia, backed by BML Ventures. These initiatives aim to de-risk mine planning, processing, and permitting as the project moves closer to development.

White Cliff Minerals has significantly expanded high-grade copper mineralisation at its Danvers 3 target within the Rae Copper Project, with step-out drilling returning 42 metres at 1.43% copper and visual sulphides now confirmed over nearly 10km of strike.

Lefroy Exploration’s latest drilling at Mt Martin has unearthed multiple high-grade gold intersections outside the current resource, underscoring significant expansion potential ahead of a September scoping study.

True North Copper has enhanced its Cloncurry Copper Project resource base by adding a 1.0 Mt gold-copper resource at Wynberg, featuring 61,000 ounces of gold and 3,000 tonnes of copper. The update supports near-term development prospects and broadens the project's metal exposure.

Forrestania Resources has upgraded the British Hill gold deposit resource to 126,290 ounces, more than doubling the previous estimate and significantly increasing the higher-confidence Indicated category. Ongoing drilling and development studies aim to further enhance the project’s value within the Forrestania Hub.

Alma Metals has received assay results from the first three holes of its 2026 infill drilling program at the Briggs Copper Project, confirming copper grades align with the current resource model and underpinning progress toward a preliminary feasibility study.

Ballymore Resources has confirmed further high-grade silver-lead-zinc-indium mineralisation at its Torpy's discovery in North Queensland, extending mineralisation closer to surface and supporting an emerging high-grade shoot model.