Latest Resource Estimation News

Hillgrove Resources has reported significant high-grade copper and gold mineralisation extensions at its Nugent deposit within the Kanmantoo Copper Mine, enhancing resource understanding ahead of first production. Ongoing drilling and an updated resource estimate are set to shape the mine’s near-term development.

Victory Metals Limited has reported exceptional heavy rare earth element assay results from its North Stanmore Project, revealing some of the highest Dysprosium and Terbium grades ever recorded in clay-hosted deposits globally.

Haranga Resources is set to launch a follow-up 3,000-metre Air Core drilling program at its promising Ibel South Gold Project in Senegal, aiming to extend and infill high-grade gold zones discovered earlier this year. Concurrently, the company advances preparations for maiden drilling at its Lincoln Gold Project in California.

Variscan Mines has acquired extensive historic drilling data over newly granted licences in northern Spain, revealing significant high-grade zinc and lead mineralisation and unlocking a district-scale exploration opportunity.

New Hope Corporation has updated its 2025 coal resources and reserves, highlighting a significant increase at West Muswellbrook due to a new geological model, while overall reserves remain steady.

Savannah Goldfields has reported highly anomalous gold assays from rock chip samples at its Big Reef prospects in North Queensland, prompting the start of a targeted drilling campaign to explore resource expansion.

Celsius Resources has reported significant high-grade copper and gold drilling results at its MCB Project in the Philippines, alongside securing a conditional water permit crucial for advancing project development.

Solstice Minerals is set to commence a maiden 5,000m drilling program at its Nanadie Copper-Gold Project in Western Australia, aiming to significantly expand its current mineral resource. The initial phase targets lateral and depth extensions of a substantial copper-gold system with promising geological indicators.

Zeotech Limited has locked in a binding five-year offtake agreement with MSI, granting exclusive marketing rights for its kaolin products across key Asian markets. This deal, valued at approximately AUD 204 million, sets the stage for early cash flow generation and advancement of its low-carbon concrete additive project.

Clara Resources has upgraded the Ashford coking coal project’s resource classification to Measured status, reinforcing confidence in the deposit and setting the stage for a Pre-Feasibility Study to validate mining and financial assumptions.

QMines Limited has reported strong, continuous high-grade copper-zinc-gold mineralisation from its latest drilling at Sulphide City, reinforcing its development plans for the Develin Creek project.

Ballard Mining has announced a promising new gold discovery at its Neptune Prospect within the Mt Ida Gold Project, revealing mineralisation akin to its Baldock Deposit. This breakthrough extends the exploration potential along the 13km Ballard Fault, marking a significant milestone in the company’s regional drilling campaign.