Latest Resource Estimation News

Power Minerals has kicked off its first diamond drilling campaign at the Morro do Ferro Rare Earths Project in Brazil, aiming to expand high-grade rare earth mineralisation and underpin future resource estimates.

Minerals 260 has kicked off early construction at its 4.5Moz Bullabulling Gold Project, aiming for plant construction in early 2027 and first gold output by late 2028. Key initiatives include a $59.1 million village contract, water infrastructure development, and extensive grade control drilling.

Ballard Mining has unveiled a new high-grade gold discovery at its Pluto prospect near Baldock, alongside extensions at Ayla, Neptune, and Golden Vale deposits, reinforcing its resource growth strategy at Mt Ida.

Yandal Resources reports significant shallow oxide gold intercepts beyond the current 268,000-ounce Flushing Meadows resource, with ongoing diamond drilling poised to clarify fresh rock mineralisation and parallel structures.

Australian Gold and Copper Ltd’s maiden drilling at Evergreen reveals significant copper and gold mineralisation, underpinning plans for a Mineral Resource Estimate.

Galilee Energy has begun site preparation for its Zydeco-1 well in Louisiana, on track for a July 2026 spud targeting up to 8 billion cubic feet of gas and 0.5 million barrels of condensate.

Brazilian Critical Minerals (ASX: BCM) has cleared a major regulatory hurdle as Brazil's Federal Mines Agency approves the final exploration reports for its Ema rare earth project, paving the way for mining license applications and further development.

Far Northern Resources has increased the Mineral Resource Estimate at its Bridge Creek Central Gold Deposit by 31%, lifting contained gold ounces to 93,000 and total Northern Territory project ounces to 117,000. The resource remains open for expansion, underpinning plans for early mining studies.

Great Northern Minerals has unveiled a maiden Inferred Mineral Resource Estimate at its Iron Butte Gold-Silver Project in Nevada, quantifying 480,000 ounces of gold and 11.5 million ounces of silver. The deposit remains open for expansion, with drilling planned for Q3 2026 backed by $3.9 million in cash.

Solstice Minerals has pushed the known limits of its Nanadie Copper-Gold Project with Phase 2 drilling confirming mineralisation 160m beyond the 2022 resource boundary and over a 1.2km strike length. The ongoing campaign includes diamond tails probing depth extensions, with assays pending to quantify promising visual sulphide zones.

Aldoro Resources has delivered standout assay results from its Phase II drilling at the Kameelburg Project in Namibia, highlighting extensive high-grade rare earth elements, strontium, and niobium mineralisation that underpin a robust multi-commodity deposit.

LinQ Minerals has reported substantial gold and copper intersections at its Dam deposit, extending the high-grade core downdip by 100 metres and uncovering a new gold-rich zone outside the current resource boundary. The latest drilling results reinforce the potential for resource expansion within the Gilmore Project.