Latest Resource Estimation News

Terrain Minerals has restarted its reverse circulation drilling campaign at the Smokebush Gold & Silver Project in Western Australia, aiming for a maiden resource estimate by mid-2026. The program targets the Lightning and Wildflower prospects with over 6,800 metres planned.

Altair Minerals has reported a significant upgrade in gold intercepts at its North Peters prospect, including an 85m interval grading 4.81g/t Au, while unveiling a new target area, Old Granny, that extends mineralisation potential by 1.4km.

Alvo Minerals has confirmed significant copper, zinc, silver, and gold mineralisation at its Touro Prospect within the Palma Project in Brazil, with drilling underway to test deeper targets. This discovery bolsters the potential of Palma as a major VMS district.

Kalamazoo Resources has launched the Pre-Feasibility Study for its Mt Olympus gold project amid a fresh drilling campaign, while CEO Luke Mortimer announces his departure to take a senior overseas role.

Savannah Goldfields has reported strong high-grade gold assay results from recent drilling at its Red Dam Prospect, confirming mineralisation continuity beyond existing pit limits and setting the stage for a resource update.

Aurum Resources has reported multiple high-grade gold intercepts from its extensive drilling program at the Boundiali Gold Project in Côte d'Ivoire, underpinning plans for aggressive resource growth and a Pre-Feasibility Study in 2026.

Patagonia Lithium’s latest drilling at Formentera reached 401m, revealing promising lithium concentrations at shallower depths but encountering low-porosity clays that limited further progress. The findings refine the company’s geological understanding and set the stage for upcoming drilling.

Wia Gold has appointed mining veteran Henk Diederichs as Managing Director and CEO, signaling a strategic shift as the Kokoseb Gold Project in Namibia moves toward a Definitive Feasibility Study.

Southern Cross Gold Consolidated Ltd. has achieved a pivotal regulatory milestone enabling underground exploration at its Sunday Creek project, backed by strong drilling results and a robust cash position of $130.4 million.

Neometals has reported significant gold assay results from its recent drilling at the Ironclad deposit and Mystery gold mine within the Barrambie Gold Project, reinforcing the potential for high-grade mineralisation and advancing plans for resource updates and mine development.

Yandal Resources has reported strong continuity of high-grade gold mineralisation at its Arrakis Prospect, with recent drilling results confirming a predictable mineralised system and plans to accelerate exploration in 2026.

Ora Banda Mining has reported significant high-grade gold drilling results at its Waihi Project, expanding the mineralisation envelope at the Golden Pole Lode and revealing a new lode west of the historic mine. These findings bolster the case for Waihi as the company’s third underground mine.