Latest Resource Estimation News

Lithium Energy has completed Phase 1 drilling at its high-grade Burke and Mt Dromedary graphite deposits in Queensland, with Phase 2 drilling set to begin in January 2026. The company is also exploring a vertically integrated battery anode material business to capitalize on shifting global supply dynamics.

African Gold Limited has reported significant step-out drilling results at its Blaffo Guetto deposit in Côte d’Ivoire, extending gold mineralisation beyond previous estimates and reinforcing the project’s scale and potential under new Montage Gold ownership.

Redcastle Resources has reported further high-grade and broad gold intercepts from its ongoing drilling at Redcastle Reef, reinforcing confidence in the deposit's geological continuity and supporting near-term mine planning.

Western Mines Group reports significant nickel sulphide mineralisation from deep diamond drilling at its Mulga Tank project, reinforcing its vision of a large-scale hybrid nickel system. Drilling will resume in January 2026 to extend these promising results.

Mithril Silver and Gold accelerates exploration at its Copalquin gold-silver project with a third drill rig mobilized and a 25,000-metre drilling program planned for 2026, targeting multiple high-grade zones.

DeSoto Resources reports promising initial gold assay results from its maiden drilling program at Dadjan and Tolé in Guinea, highlighting the potential for a large gold system within its extensive landholding.

Kuniko Limited has appointed Maja McGuire as Interim Managing Director amid a leadership transition, with plans to launch a key drilling program targeting gold and silver in early 2026.

Artemis Resources confirms a significant gold-bearing shear zone at Titan East near its Carlow deposit, highlighted by a wide 19m intersection at 1.6g/t Au and a previous high-grade 5m intercept at 13.1g/t Au. Diamond drilling has commenced to better define this emerging gold system.

PTR Minerals has completed a major drilling campaign at its Rosewood project, revealing consistent high-grade titanium mineralisation and setting the stage for a maiden JORC resource estimate in mid-2026.

Clara Resources has inked a binding deal to acquire the Hodgkinson Basin Gold Project in Far North Queensland, setting the stage for an aggressive exploration campaign in 2026. The acquisition, involving over 533 million shares and cash payments, aims to unlock significant gold potential in a historically rich but underexplored region.

McLaren Minerals has acquired the Barossa mineral sands project from Iluka Resources, adding a high-grade zircon-rich asset to its portfolio. The project offers promising prospects near a tier-one mine with structured payments tied to development milestones.

Aurum Resources reports multiple high-grade gold intercepts at its 2.41Moz Boundiali Gold Project in Côte d’Ivoire, expanding resource confidence and scale. The company boosts drilling capacity to 12 rigs, targeting major resource updates and a Pre-Feasibility Study in early 2026.