Latest Resource Estimation News

Broken Hill Mines Limited reported a $2.42 million loss for FY2025 amid a transformative acquisition of Broken Hill Mines Holdings Pty Ltd and a $20 million capital raise, marking its relisting on the ASX under the code BHM.

Far Northern Resources has confirmed a combined JORC-compliant gold resource of over 117,000 ounces across its Northern Territory and Queensland projects, with Phase 2 drilling at Bridge Creek set to commence in September 2025.

Warriedar Resources reports encouraging assay results from 20 drillholes at its Golden Range Project, confirming extensions of gold mineralisation beyond current estimates at the M1 deposit and validating historical data at Valencia.

McLaren Minerals has reported very high-grade assay results from its Phase 1 drilling at the McLaren Titanium Project, confirming broad, continuous mineralisation and promising resource expansion just north of the current resource boundary.

New Murchison Gold Limited reveals significant high-grade gold intersections well below the current open pit at its Crown Prince Gold Mine, signaling promising underground mining potential and an extended mine life.

Belararox Limited has initiated its maiden drilling campaign at the Kalahari Copper Project in Botswana, targeting promising copper mineralisation zones identified through advanced geophysical surveys. The program aims to unlock value in a region surrounded by major copper producers.

Rapid Critical Metals has initiated a 2,000m diamond drilling campaign at its Webbs Silver Project in NSW, aiming to upgrade its resource to 2025 JORC standards and explore new high-potential silver targets.

Godolphin Resources is raising $3.03 million through a placement and entitlement offer to fast-track exploration and development at its Lewis Ponds Project in NSW, following a significant resource upgrade.

Medallion Metals has significantly expanded its sulphide Mineral Resource Estimate at the Ravensthorpe Gold Project to 950,000 ounces gold equivalent, underpinning a rapid move toward production with a feasibility study due in October and a Final Investment Decision expected by year-end.

Terra Metals has raised $15 million through an institutional placement led by cornerstone investors to fast-track exploration and development at its polymetallic Dante Project in Western Australia.

Stellar Resources has reported a significant tin discovery at its Severn deposit, revealing a high-grade core that could expand and upgrade the Heemskirk Mineral Resource Estimate. The company is accelerating drilling and prefeasibility studies, signaling strong growth potential.

Westgold Resources has transformed into a top five Australian gold producer following its merger with Karora Resources, delivering record gold production and declaring a 3-cent final dividend.