Latest Resource Estimation News

IRIS Metals has secured a farm-in agreement to earn up to 100% ownership of the Finley Basin Tungsten Project in Montana, marking a strategic expansion into a critical mineral vital for defence and advanced manufacturing.

Victory Metals Limited has reported a record-breaking rare earth oxide intersection of 11,565 ppm TREO at its North Stanmore project, reinforcing its status as a world-class heavy rare earth deposit. The December 2025 drilling program also advances resource confidence and metallurgical prospects, positioning the project as a key Western supplier of critical rare earths.

Strata Minerals is set to restart drilling at its Zelica Gold Project, aiming to expand high-grade gold zones and fast-track a maiden resource estimate. The project corridor now extends over 8km following a recent acquisition.

Western Gold Resources has locked in critical approvals and agreements to accelerate production at its Gold Duke Project in Western Australia, backed by an updated resource estimate and a binding toll milling contract.

Metal Bank reports exceptional gold recovery results from its Seven Leaders Prospect near Kalgoorlie, highlighting a 72.5% gravity recovery and over 99% leaching efficiency, underpinning its near-term production ambitions.

St George Mining has appointed Carla Grasso as Principal Geologist to spearhead mine planning at its Araxá Rare Earths-Niobium Project, following a major resource upgrade. This move signals a decisive step towards advancing economic studies and potential mining operations in Brazil.

Fortuna Metals reports exceptional rutile intercepts from initial drilling at its Mkanda project in Malawi, revealing extensive high-grade mineralisation starting at surface. The company plans a focused resource drilling campaign in Q2 2026 to advance towards a maiden inferred resource estimate.

Far East Gold has reported significant assay results extending high-grade gold mineralisation at its Sua prospect in Papua, Indonesia, with a resource update imminent and further drilling planned.

Australian Mines Limited has reported its strongest gold drill intercept to date at the Boa Vista Gold Project in Brazil, extending mineralisation both along strike and down dip. These results highlight the potential for a large-scale bulk-tonnage gold system.

GoldArc Resources has revealed promising high-grade gold intercepts from maiden Aircore drilling at the Whistler Prospect, confirming new blind gold mineralisation zones within its Leonora South Project.

Neometals has upgraded the Ironclad gold deposit resource at its Barrambie Project to 15,000 ounces, with a significant portion now classified as Indicated, underpinning plans for near-term development.

Galilee Energy has confirmed the Zydeco-1 well is drill-ready following enhanced 3D seismic analysis, aiming to tap up to 8 billion cubic feet of gas and 0.5 million barrels of condensate in Louisiana with spudding planned for the second quarter of 2026.