Latest Resource Estimation News

Cygnus Metals reports compelling drill results at its Chibougamau Copper-Gold Project, including a standout high-grade gold interval at Cedar Bay that extends mineralisation well beyond current resource boundaries.

Hillgrove Resources has reported a substantial increase in its 2025 Mineral Resource and Ore Reserve Estimates at the Kanmantoo Copper Mine, with a 43% rise in reserve tonnes and a 33% increase in contained copper metal, significantly extending the mine's operational life.

Medallion Metals has executed a binding agreement to acquire the Forrestania Nickel Operation from IGO, expanded its Ravensthorpe gold-copper resource to nearly 1 million ounces gold equivalent, and secured a $50 million prepayment facility with Trafigura to advance project development.

Norwest Minerals advances its Bulgera Gold Project with successful deep drilling and promising heap leach economics, while preparing to test historic gold targets at Marymia East and expanding base metals exploration at Arunta West.

Savannah Goldfields has restarted exploration drilling at its Georgetown Gold Project, targeting resource upgrades at Electric Light and Red Dam prospects. The company aims to extend known gold mineralisation and enhance metallurgical understanding.

Vital Metals has raised A$6.8 million through a strategic placement and refreshed its board to accelerate development of its Nechalacho Rare Earths and Niobium Project in Canada, with further funding pending shareholder approval.

FireFly Metals has reported exceptional drilling results at its Green Bay Copper-Gold Project, extending known mineralisation by over 650 metres and progressing key studies for an upscaled production restart.

Iltani Resources has announced its first JORC Mineral Resource Estimate for the Orient East Silver-Indium deposit, significantly expanding the total resource base of its Orient Project in Northern Queensland.

Patagonia Lithium Limited has announced a substantial 319% increase in its lithium mineral resource at its Formentera/Cilon project, alongside plans for further drilling and geophysical surveys to bolster resource confidence.

Emerald Resources NL reports steady gold output at its Okvau Gold Mine alongside significant resource upgrades at its Dingo Range and Memot projects, underpinning a robust growth trajectory.

Pacgold has secured the White Dam Gold Operation, unlocking a pathway to near-term production and cash flow, while advancing exploration at Alice River and St George projects backed by a $13 million capital raise.

Unico Silver has reported a transformative September quarter, highlighted by a 73% increase in its Cerro Leon Mineral Resource Estimate to 162 million ounces silver equivalent and the restart of a fully funded 30,000-metre drill campaign at Joaquin, backed by a $25 million equity placement.