Latest Resource Estimation News

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia from Westgold Resources, gaining a 0.9 million ounce gold resource with significant expansion potential. The company is set to initiate a 50,000-metre drilling program funded by a $28 million placement, positioning itself for rapid growth in a Tier-1 gold jurisdiction.

Horizon Minerals reports spectacular ultra high-grade gold drill results from its Phase 1 program at the Burbanks project, confirming significant resource expansion potential. The ongoing 30,000m drilling campaign aims to upgrade and grow the existing Mineral Resource Estimate.

Middle Island Resources’ maiden drilling at Serbia’s Bobija Project reveals a broad, continuous polymetallic mineralised zone with significant gold and silver grades, expanding the known deposit footprint.

Gold Mountain Limited reports outstanding diamond drill results from its Irajuba IR-1 prospect in Brazil, confirming a significant rare earth exploration target with high-grade mineralisation.

Artemis Resources confirms a significant new gold discovery at Titan East with a wide 19m intersection at 1.6g/t Au, complementing earlier high-grade hits and prompting expanded drilling plans.

Emperor Energy appoints Tim Handley as Managing Director to spearhead the Judith Gas Field's next phase, including the critical Judith-2 appraisal well planned for Q3 2026.

GreenTech Metals has initiated a Phase 1 drilling program at its Munni Munni project in Western Australia, aiming to upgrade a significant historical platinum group element resource to current compliance standards and explore expansion opportunities.

Saturn Metals has released a positive Pre-Feasibility Study for its Apollo Hill Gold Project, outlining a 14-year open pit mine with a maiden Ore Reserve of 1.59 million ounces and strong financial returns. The study supports a move to Definitive Feasibility Study with full funding secured through that phase.

Brazilian Critical Minerals Ltd has produced a high-grade mixed rare earth carbonate with 52.5% total rare earth oxides and 41.5% magnet rare earth oxides from its Ema Project field trials, validating a low-capital in-situ recovery process.

Ragnar Metals has confirmed multiple high-grade gold and silver zones at its Harnäs Project in Sweden, including a promising new target at Silvergruvan. The company is gearing up for a maiden diamond drilling campaign in early 2026 to further explore these discoveries.

Lunnon Metals has secured critical mining proposal approval for its Lady Herial gold deposit, moving the project closer to production under a binding ore purchase deal with St Ives Gold Mining.

Encounter Resources reports significant extensions of shallow, high-grade niobium mineralisation east of its Green Mineral Resource Estimate at the Aileron Project, with promising drill results and a major development program planned for 2026.