Latest Resource Estimation News

Global Uranium and Enrichment Limited has completed a major 2025 drilling campaign at its Pine Ridge Uranium Project in Wyoming, confirming widespread uranium mineralisation across multiple sandstone horizons. The results reinforce the project's potential for in-situ recovery development in a premier US uranium basin.

Leeuwin Metals has kicked off a substantial drilling program at its Marda Gold Project in Western Australia, aiming to grow its existing 342,000-ounce gold resource by targeting promising extensions and electromagnetic anomalies.

Magmatic Resources has launched a significant 5,000-metre diamond drilling campaign at its Myall copper-gold project, backed by Fortescue under a $3.5 million FY26 exploration budget. The program targets multiple promising porphyry-style deposits, aiming to build on earlier encouraging results.

Everest Metals Corporation has officially commenced mining operations at its Mt Dimer Taipan Gold Project in Western Australia, backed by a fully funded agreement with MEGA Resources. Ore extraction is underway with processing set to begin in March 2026, positioning the company for near-term cash flow.

Black Cat Syndicate has revealed multiple new high-grade gold zones within the Fingals open pit at its Kal East operation, accelerating mining and processing plans for 2026. These discoveries reinforce the long-term potential of the project and support an expansion of processing capacity.

Revolver Resources has unveiled a compelling recommencement study for its Dianne Copper Mine in Queensland, forecasting over $125 million in pre-tax free cashflow from a four-year operation producing 14,330 tonnes of high-grade copper cathode.

St George Mining reports exceptional drilling results at its Araxá Rare Earths and Niobium Project, significantly expanding its resource footprint, alongside a successful $72.5 million capital raise to fund ongoing development.

Patagonia Lithium has entered a strategic partnership with Ameerex Corporation, aiming to bolster investment and development in its Formentera lithium project and Brazilian rare earth ventures.

Iltani Resources reports exceptional silver-indium assay results from its Orient Project’s Link Zone in Queensland, confirming potential to connect key mineral resources. Backed by a fresh $8 million investment, the company plans an aggressive drilling program to expand and upgrade its resource base in 2026.

WA1 Resources has reported exceptional high-grade niobium drill results from its Luni Niobium Project, extending mineralisation and setting the stage for an updated resource estimate in 2026.

Lunnon Metals has reported significant gold intercepts at its Paringa West prospect, confirming a promising new geological structure within the prolific St Ives gold camp. The results bolster the company’s exploration ambitions in Western Australia’s renowned Foster-Baker Project.

Alkane Resources delivered a robust December quarter with 43,663 ounces of gold equivalent production and a significant increase in cash and bullion holdings to A$246 million. The company maintains its FY2026 production guidance amid ongoing exploration and development.