Latest Resource Estimation News

Finder Energy has secured half of the development capital for its KTJ oil project in Timor-Leste through a farmin deal with TIMOR GAP and accelerated engineering work with SLB, targeting first oil by the end of 2027.

Olympio Metals reports significant assay results extending gold mineralisation at the Decoeur Prospect to over 1.7km within its Bousquet Project in Quebec, revealing multiple feeder structures and promising targets for further drilling.

Riedel Resources has finalized drilling plans for its high-grade Kingman Gold Project in Arizona and secured $1.4 million through equity raises to fund upcoming exploration and development activities.

Aldoro Resources has confirmed a substantial inferred mineral resource at its Kameelburg Rare Earth Element and Niobium project in Namibia, with Phase II drilling underway targeting high-grade zones. The company also moves to streamline its portfolio by divesting non-core assets.

Central Iron Ore Limited has filed an updated NI 43-101 Technical Report for its British King Gold Project in Western Australia, revealing a significant resource upgrade and confirming strong metallurgical performance.

Gullewa Limited reported significant progress in its South Darlot and British King projects, alongside a substantial royalty payment and a key board appointment in its latest quarterly update.

Red Sky Energy reports steady production and cash flow growth from its Innamincka and Killanoola projects, while securing a strategic 35% stake in Angola’s Block 6/24, marking a significant step in its international expansion.

Javelin Minerals has signed a pivotal Land Use Agreement with the Marlinyu Ghoorlie group and expanded its mining lease application, setting the stage for gold production at the Eureka Project by mid-2026.

Orbminco Limited has completed a promising maiden drilling program at its Majestic North Gold Project, while refreshing its board and consolidating shares to sharpen its strategic focus on Australian gold assets.

Many Peaks Minerals reports standout gold assay results from its Ferké and Odienné projects, alongside a strategic land acquisition and a A$13.5 million capital raise to fuel exploration.

Strata Minerals has resumed diamond drilling at its Penny South Gold Project targeting extensions of known mineralisation and secured an option to acquire the Zelica Gold Project, enhancing its Western Australian portfolio.

Arika Resources has initiated a significant 5,000m drilling campaign at Pennyweight Point, aiming to extend known high-grade gold mineralisation and test new geophysical targets within the Yundamindra Gold Project in Western Australia.