Latest Resource Estimation News

TG Metals has raised A$2.5 million through a placement backed by institutional investors and insiders to fund resource expansion, scoping studies, and direct shipping ore opportunities at its Western Australian gold and lithium assets.

Future Metals NL has launched an updated Scoping Study for its Panton PGM-Ni-Cr Project, weighing a greenfield standalone operation against leveraging the idle Savannah processing facility to identify a cost-effective development route.

Southern Cross Gold has updated its Sunday Creek project’s Exploration Target to between 3.0 and 4.6 million ounces gold equivalent, supported by ongoing drilling and promising metallurgical results.

Kalgoorlie Gold Mining’s recent reverse circulation drilling at Kirgella Gift and Providence reveals broad, thick gold zones extending beyond the current resource estimate, reinforcing the Pinjin Project’s potential for growth.

Kuniko Limited has secured A$1.30 million through a well-supported placement to advance its Commonwealth-Silica Hill gold-silver project in NSW, underpinning a Phase 2 drilling campaign targeting resource growth and exploration across a district-scale system.

Dart Mining has revealed substantial historic tungsten drill results and a sizeable non-JORC resource estimate at its McHargs Tungsten Prospect in Northeast Victoria, spotlighting promising tin-tungsten mineralisation within the Langi Dorn Fault zone.

Aldoro Resources has boosted the Kameelburg rare earth project’s Mineral Resource Estimate to 804.5 million tonnes, now hosting 1.37 million tonnes of contained NdPr oxide; exceeding key western-world deposits. The maiden Indicated Resource and robust metallurgical testwork set the stage for development.

Canterbury Resources has reported consistent assay results from initial drilling at its Briggs Copper Project, supporting a significant resource upgrade and ongoing Pre-Feasibility Study, while gearing up for a new drilling campaign at the Monto Project's John Hill deposit.

American Uranium has lifted its Lo Herma uranium resource to nearly 10 million pounds U3O8, with a 72% jump in Indicated Resources and a stronger base ahead of a Q4 2026 scoping study.

Global Lithium Resources has secured the Mining Development and Closure Proposal approval for its Manna Lithium Project, paving the way for early works and infrastructure development ahead of a planned Final Investment Decision in late 2026.

Hot Chili Limited expands its Costa Fuego copper-gold project with significant drilling success at La Verde, underpinning a strong Preliminary Feasibility Study and strategic water infrastructure plans.

Austral Resources Australia Ltd has lodged a binding proposal to acquire Hammer Metals, offering a 29.9% premium over a rival bid and proposing a SpinCo demerger of Hammer's WA gold assets. The deal would create a larger, more diversified Queensland copper producer with operational synergies and enhanced exploration potential.