Latest Resource Estimation News

Medallion Metals has identified a significant new sulphide lode, Hillsborough Deeps, beneath the Gem deposit at Kundip, with drilling and electromagnetic surveys indicating strong potential for resource expansion.

TG Metals has expanded the Van Uden gold resource by 1.8km to a total strike of 4.3km, revealing significant high-grade gold intercepts and advancing a near-term heap leach opportunity supported by promising laterite drilling.

Chilwa Minerals’ latest assays from drill hole MPYDD007 at Nakombe South in Malawi confirm a multi-commodity critical minerals system with significant niobium, tantalum, rare earth elements, and gallium mineralisation. The company has defined a maiden conceptual Exploration Target and is advancing drilling towards a maiden Mineral Resource.

Midas Minerals extends high-grade copper and silver intercepts at Namibia’s T-13 deposit, reinforcing resource continuity ahead of a planned update later this year.

Kalamazoo Resources reports robust high-grade drilling results from its Mt Olympus Resource Definition Program, reinforcing resource continuity and growth potential at the Ashburton Gold Project.

Culpeo Minerals has reported standout copper and gold assays from rock chip sampling at its Fortuna Project in Chile, highlighting potential new target zones at La Florida and El Quillay prospects.

Redcastle Resources has reported strong assay results from its ongoing drilling at Redcastle Reef and Queen Alexandra, underpinning its active mining and staged development plans in Western Australia's Eastern Goldfields.

Strickland Metals has reported a significant leap in gold recovery rates at its Gradina Deposit, achieving an average 94.3% recovery and higher gold concentrate grades, marking a key milestone ahead of its Rogozna Project Pre-Feasibility Study.

Nordic Resources has punched a new high-grade gold assay record at its Kopsa project in Finland, confirming a significant northern extension to the deposit. Early 2026 drilling reveals grades far surpassing previous intersections, setting the stage for a resource update later this year.

AXP Energy has struck a farm-in deal to earn a 25% interest in Block 9, a prolific onshore Syrian oil and gas contract with substantial historical prospective resources, positioning the company amid a reopening Middle East energy market.

Tesoro Gold’s latest infill drilling at the Ternera deposit confirms strong continuity and grade, setting the stage for a maiden Ore Reserve. The company now pivots to a 12,000m discovery campaign along its extensive El Zorro gold corridor in Chile.

White Cliff Minerals has kicked off diamond drilling at its Rae Copper Project in Nunavut, targeting extensions of a 1.7km high-grade sediment-hosted copper system identified in 2025. The 2026 campaign aims to test deeper and strike extensions guided by geophysical surveys, underpinning the project's district-scale potential.