Latest Resource Estimation News

Carnaby Resources has announced a significant update to its Greater Duchess Copper Gold Project, reporting a 10% increase in total mineral resources and a 49% rise in indicated resources. With the Pre-Feasibility Study nearing completion and binding agreements in place, the company targets first ore production in the second half of 2026.

Australian Gold and Copper Ltd has reported outstanding deep drilling results at its Achilles deposit, revealing high-grade silver and gold mineralisation well below previous resource estimates. These findings come as silver prices surge above US$110 an ounce, potentially boosting the deposit's value.

Canterbury Resources has reported its longest and one of its highest-grade copper intersections to date at the Briggs deposit, underpinning plans for a major resource upgrade and prefeasibility study.

Dateline Resources has completed a pivotal geophysical survey at its Colosseum Gold and Rare Earth Elements project in California, revealing promising deep sulphide mineralisation zones that could expand its gold and rare earth resource base.

Gorilla Gold has restarted drilling at its Mulwarrie and Comet Vale projects in Western Australia, reporting significant high-grade gold assay results that extend mineralisation beyond the current resource estimate. The company is advancing studies to push Mulwarrie towards development amid a strong gold price environment.

Ausgold Limited’s latest drilling results at the Katanning Gold Project confirm and extend high-grade gold mineralisation beyond existing resource boundaries, with drilling activity ramping up to four rigs on site.

Cygnus Metals reports robust high-grade drill results outside its existing resource at the Chibougamau Copper-Gold Project, driving a 29% increase in global resource and advancing economic studies.

PC Gold Ltd has secured approvals to re-open the historical Spring Hill underground adit, enabling cost-effective underground drilling to assess high-grade gold mineralisation and potentially expand its resource base.

Andean Silver has reported exceptional high-grade silver and gold drilling results at its Cerro Bayo Project in Chile, alongside a successful A$36 million capital raise to accelerate resource growth and development.

SQX Resources has confirmed high-grade gold mineralisation at its Red Bird Gold Project in Arizona, validating decades-old data and setting the stage for a maiden drilling campaign.

Prospect Resources has completed its Phase 2 drilling at the Mumbezhi Copper Project in Zambia, revealing extended copper mineralisation and significant gold by-product potential. The company is well-funded and poised for updated resource estimates in early 2026.

New Murchison Gold Limited delivered a robust December quarter with production exceeding contractual ore sales limits and unveiled high-grade drilling success at the Lydia Gold Prospect, underpinning its growth ambitions.