Latest Resource Estimation News

Mandrake Resources reports significant lithium concentrations in clastic zones of the Paradox Formation at its Utah Lithium Project, highlighting strong potential for large-scale lithium brine extraction.

Iltani Resources reports strong rock chip sampling results from its Orient Silver-Indium Project, confirming high-grade mineralisation and identifying new target zones that could significantly expand the resource footprint.

ABx Group reports strong heavy rare earth extraction results from larger-scale tests at its Deep Leads project, reinforcing the potential for low-cost, environmentally friendly production. ANSTO remains on track to deliver a mixed rare earth carbonate sample by Q4 2025.

Western Gold Resources has voluntarily suspended trading of its shares pending critical assay results from its Gold Duke drilling program and to address an ASX price and volume query.

St George Mining confirms a significant new high-grade rare earths and niobium discovery 1km east of its existing Araxá resource in Brazil, with assays revealing exceptional grades and promising expansion potential.

Cygnus Metals reports a substantial 78% increase in Measured and Indicated resources at its Chibougamau Copper-Gold Project, highlighted by the initial resource estimate for the new Golden Eye deposit. This milestone underpins an updated economic study amid rising commodity prices.

Santa Fe Minerals has completed its acquisition of the Eburnea Gold Project in Côte d’Ivoire and raised $1.2 million to fund upcoming exploration activities.

Brazilian Rare Earths Limited confirms a new high-grade rare earth district at Sulista, Bahia, with extensive mineralisation over 7 km strike and an exploration target of 12–18 Mt at 4–6% TREO. Ongoing drilling and geophysical surveys aim to advance towards maiden resource estimates.

Flagship Minerals has confirmed exceptional gold recoveries exceeding 80% from oxide material at its Pantanillo Gold Project in Chile, significantly derisking its path toward resource conversion and heap leach development.

Audalia Limited has announced a significant update to its Medcalf Titanium-Vanadium Project Mineral Resource Estimate, increasing the Indicated category by 35% and setting the stage for Ore Reserve calculations.

Norwest Minerals has confirmed significant down-dip and along-strike gold extensions at its Bulgera project following Phase 1 drilling, setting the stage for a resource upgrade and further exploration.

Patronus Resources (ASX, PTN) reveals a robust financial position with $70 million in cash and investments against a market cap near $100 million, underpinned by 2.3 million ounces gold equivalent resources in Tier-1 Australian jurisdictions. The company’s active exploration and strategic acquisitions signal promising growth ahead.