Latest Resource Estimation News

Odyssey Gold has reported promising drilling results from 11 new holes at its Tuckanarra Gold Project, revealing a previously unidentified mineralised hanging wall vein structure and confirming continuity across key zones. These findings suggest significant potential to expand the existing resource and optimize shallow mining operations.

Verity Resources reports robust Phase 1 drilling results at its Monument Gold Project, validating historical data and supporting a resource upgrade. Phase 2 drilling is underway to expand high-grade zones along a largely untested 20km trend.

Western Yilgarn Limited has announced the discovery of significant surface cobalt-copper-nickel-lead-manganese mineralisation at its Ida Holmes Junction Project in Western Australia, with rock chip samples returning high-grade cobalt assays up to 1.68%.

Western Gold Resources Limited has released an updated Scoping Study for its Gold Duke Project, revealing a 47% increase in estimated cash surplus to A$56.1 million at a conservative gold price. The study outlines a 14-month mine life with enhanced production targets and secured processing agreements, positioning the project for near-term development.

Lefroy Exploration Limited reports outstanding high-grade gold assays from its Lucky Strike drilling program, bolstering plans for an expanded Stage 2 pit and advancing production timelines in the Kalgoorlie district.

Tambourah Metals has identified seven promising antimony drill targets at its Speewah Nth project, supported by strong silver and copper anomalies from recent sampling. The company plans up to 1200 metres of reverse circulation drilling pending approvals.

Adavale Resources has reported its strongest gold intercept in three decades at the London Victoria Gold Mine, revealing significant potential to expand its resource base well beyond current estimates. The company is gearing up for a second phase of drilling to further explore these promising findings.

Argent Minerals has pinpointed multiple priority drill targets at its West Wyalong Copper-Gold Project, leveraging both orogenic gold and porphyry copper-gold models in a region rich with world-class deposits. The next phase involves securing land access and deploying geophysical surveys to refine these promising targets.

My Foodie Box Limited, soon to be Tarrina Resources Limited, is pivoting from meal kits to mineral exploration by acquiring promising gold and base metal projects and raising $5 million to fund exploration.

Flagship Minerals reveals promising expansions at its 1.05 million ounce Pantanillo Gold Project in Chile, with many drill holes ending in mineralisation and potential for higher-grade zones near surface. The company aims to fast-track a JORC-compliant resource estimate and advance project development.

PhosCo Ltd reports outstanding phosphate assay results from its maiden drilling at the KM Prospect within the Gasaat Project, revealing some of Tunisia's highest grades and promising strong project economics.

Fulcrum Lithium’s Phase 2 drilling at Alkali Flats in Nevada reveals thick, high-grade lithium claystone mineralisation over a large area, advancing the project toward resource definition.