Latest Resource Estimation News

Variscan Mines Limited is advancing its high-grade zinc projects in Spain with a near-term production target and strategic expansion into Ireland, supported by strong drilling results and favorable market conditions.

Haranga Resources has commenced underground diamond drilling at its Lincoln Gold Project in California, aiming to convert a historical resource to JORC compliance and explore new high-grade gold zones.

Alma Metals has launched a $2.5 million Share Purchase Plan offering Australian and New Zealand shareholders discounted shares to fund its Briggs Copper Project drilling and working capital needs.

Green & Gold Minerals has reported promising drill results from its Chillagoe Gold Project, extending mineralisation at Little Wandoo and confirming high-grade zones at Mt Wandoo. These findings suggest potential resource growth and increased confidence ahead of a planned resource update.

Asian Battery Metals PLC has reported compelling high-grade copper and gold assay results from its due diligence drilling at the Maikhan Uul project in Mongolia, reinforcing the project's potential as a key copper-gold resource in Central Asia.

Everest Metals Corporation has reported impressive rubidium assay results up to 0.79% Rb₂O from its Phase 2 drilling at the Mt Edon Critical Mineral Project, reinforcing the potential for resource expansion ahead of a planned upgrade in early 2026.

DGR Global Limited highlights a significant re-rating of its SolGold investment, driven by SolGold’s strategic staged development and updated resource estimates at the Cascabel copper-gold project in Ecuador.

Kingsgate Consolidated Limited reported record quarterly gold and silver production at its Chatree Gold Mine, alongside strong cash growth and strategic project advances in its November 2025 AGM update.

Terrain Minerals has kicked off a significant 6,800-metre drilling program at its Lightning and Wildflower prospects in Western Australia, aiming to define a maiden gold resource by mid-2026. Assay results are expected to start flowing in February, setting the stage for a pivotal year in the company’s exploration journey.

Resouro Strategic Metals has finalized a key process flowsheet for its Tiros Project in Brazil, paving the way for a Preliminary Economic Assessment focused on high-grade titanium and rare earth recovery. This milestone brings the project closer to defining costs and production parameters.

Hot Chili Limited’s latest diamond drilling at the La Verde porphyry within its Costa Fuego project in Chile has confirmed extensive copper-gold mineralisation, surpassing initial expectations and expanding the known deposit footprint.

Axel REE Limited reveals a substantial inferred resource at its Caladão Project, advancing plans for in situ recovery trial mining in 2026 to produce rare earth and gallium products. The company’s low-cost, environmentally conscious approach positions it well within Brazil’s Lithium Valley mining hub.