Latest Resource Estimation News

LinQ Minerals has kicked off a significant +16,000m drilling campaign at its Gidginbung gold deposit, marking the first exploration there since 2001 and aiming to unlock deeper and extended mineralisation within the Gilmore Project.

Unico Silver has confirmed a significant new silver-gold mineralised zone at La Morocha SE within its Joaquin Project, highlighting strong growth potential ahead of a revised resource estimate.

Prospect Resources has kicked off an extensive Phase 2 drilling campaign at its Mumbezhi Copper Project in Zambia, confirming promising copper grades and advancing metallurgical testing. A strategic $18.5 million investment from First Quantum Minerals strengthens its financial and technical position.

Nimy Resources reports impressive high-grade gallium assays from its Block 3 East drilling campaign, advancing towards a maiden JORC-compliant resource at the Mons Project. The company also strengthens its metallurgical research partnerships and secures fresh capital to fuel ongoing exploration.

Gorilla Gold reports impressive high-grade gold intercepts from its Mulwarrie Project in Western Australia, setting the stage for a significant resource upgrade expected this quarter.

Toubani Resources has made significant strides in developing its Kobada Gold Project in Mali, securing a $29 million strategic placement and launching extensive drilling programs aimed at expanding its mineral resource base ahead of a final investment decision.

Noble Helium has upgraded its North Rukwa helium resource estimate by nearly 30%, driven by fresh data and a refined charge model, setting the stage for a targeted drilling campaign.

Boss Energy has exceeded its FY25 production and cost targets at the Honeymoon Uranium Project, marking a major milestone of over 1 million pounds of uranium produced since commissioning. The company’s robust balance sheet and operational ramp-up position it well for growth amid a strengthening uranium market.

QMines Limited reports promising high-grade copper and zinc intersections from its maiden drilling at Sulphide City, bolstering confidence in the Develin Creek project’s potential.

Torque Metals has initiated diamond drilling at its Paris Gold Project to extend promising high-grade gold mineralisation, leveraging government co-funding and advanced geophysical targeting.

Strickland Metals has reported outstanding metallurgical testwork results from its Gradina Deposit in Serbia, achieving gold recoveries up to 97.9% and averaging nearly 90%. This milestone supports the upcoming maiden Mineral Resource Estimate and ongoing project development.

Mt Malcolm Mines has initiated a significant 2,000-metre drilling campaign at its Sunday Picnic Prospect, aiming to refine gold resource estimates and advance mining lease consolidation in Western Australia’s Eastern Goldfields.