Latest Resource Estimation News

Neometals has completed a second phase of metallurgical testing at its Ironclad gold deposit, delivering gold recoveries that surpass previous assumptions and support near-term project development.

Eminence Minerals has contracted Eco Sondagem for a 2,000-metre auger drilling campaign targeting rare earth corridors adjacent to Brazilian Rare Earths’ Sulista district in Bahia, Brazil, marking a key step toward resource definition.

Norfolk Metals plans a game-changing acquisition of the Ciclón Copper Project in Chile, backed by a $100 million capital raise and top-tier board appointments.

St George Mining’s initial beneficiation testwork at its Araxá Project in Brazil has delivered high-grade niobium concentrates and a promising rare earth concentrate, validating its dual commodity approach and underpinning next-stage pilot plant plans.

Patagonia Lithium has locked in A$3.4 million through a placement priced at 10 cents per share, attaching options exercisable at 16 cents. The capital injection aims to fund further drilling, resource upgrades, and a lithium carbonate demonstration plant at its flagship Formentera project.

Great Northern Minerals Limited has voluntarily suspended trading of its securities on the ASX pending an updated Mineral Resource Estimate for its Iron Butte Gold-Silver Project, with trading expected to resume by 15 June 2026.

Mount Hope Mining (ASX:MHM) has completed two drilling phases at its Mt Solitary gold project in NSW’s Cobar Basin, delivering significant high-grade gold intercepts and preparing to launch an expanded Phase 3 drilling campaign targeting resource growth.

Leeuwin Metals has inked a non-binding MOU with Bain Global Resources and MEGA Resources to explore development, funding, and operational pathways for its 342,300oz Marda Gold Project in WA.

Iltani Resources has reported robust assay results from the first seven holes of its 110-hole drill program at the Orient Silver-Indium Project, confirming broad, high-grade mineralisation that underpins Australia’s largest known silver-indium deposit.

Lion Rock Minerals has reported robust drilling results from its expansive Minta Project in Cameroon, reinforcing its ambition to become a major global producer of rutile and monazite. The company targets a maiden Mineral Resource Estimate later this year amid promising assay outcomes from key tenements.

Waratah Minerals reveals substantial high-grade gold extensions at its Spur Gold Project, with drilling extending mineralisation up to 160m and confirming a district-scale system.

Piche Resources’ maiden RC drilling at Cerro Chacón reveals a widespread low-sulphidation epithermal gold-silver system, with assays confirming mineralisation over 10 km² at Toro Hosco and promising high-grade silver and gold intercepts.