Latest Resource Estimation News

Aurum Resources reports strong high-grade gold intercepts from its extensive drilling program at the Boundiali Gold Project in Côte d’Ivoire, boosting resource confidence ahead of major updates in early 2026.

Tanami Gold NL has updated its Central Tanami Project Mineral Resource Estimate, boosting total gold resources to 2.8 million ounces. This increase reflects recent drilling, higher gold price assumptions, and improved metallurgical recoveries across multiple deposits.

Great Boulder Resources has reported significant new gold intersections at its Side Well Project in Western Australia, including a standout 4m at 11.55g/t gold hit 4km north of Ironbark and a 500m extension of the Eaglehawk deposit. These results suggest the project’s mineralisation footprint may be larger than previously understood.

Indiana Resources has reported strong assay results confirming the continuation of high-grade gold mineralisation at depth within its Minos Gold Project in South Australia, alongside significant silver mineralisation. The company is advancing a 7,000m air-core drilling program at nearby prospects, supporting its hub and spoke development strategy.

Sun Silver Limited’s latest re-assay results confirm near-surface antimony mineralisation at its Maverick Springs Project, reinforcing its potential as a critical minerals hub alongside silver and gold. This comes as JPMorgan’s landmark US$75 million investment in U.S. antimony projects signals growing strategic focus on domestic mineral security.

St George Mining has accelerated its final payments to Itafos, securing 100% unencumbered ownership of the Araxá Rare Earths and Niobium Project in Brazil. This move follows a significant equity raise aimed at advancing the project toward a Final Investment Decision.

Eclipse Metals has completed over 700 metres of diamond drilling at its Grønnedal project in Greenland, confirming continuous rare earth mineralisation and reinforcing its substantial inferred resource estimate. Drilling has now progressed to the polymetallic Ivigtût prospect, broadening the company’s critical minerals footprint.

Horseshoe Metals has reported strong shallow copper mineralisation at its Motters Zone, boosting confidence in resource upgrades and paving the way for imminent Direct Shipping Ore operations.

Aldoro Resources has secured funding and acquired a state-of-the-art drilling rig to expand its Phase II drilling program at the Kameelburg REE-Niobium Project in Namibia, aiming to enhance resource definition and metallurgical testing.

Sarytogan Graphite Limited has secured a $1.4 million top-up placement from the European Bank for Reconstruction and Development, reinforcing confidence in its graphite project and supporting its feasibility study timeline.

Encounter Resources has completed the first tranche of its $25 million share placement, raising approximately $24.5 million to advance its mineral exploration projects. The second tranche, involving shares to a company director, awaits shareholder approval.

Elementos Limited reports significant tungsten grade and recovery improvements at its Cleveland Project in Tasmania, driven by successful XRT ore sorting tests amid soaring tungsten prices.