Latest Resource Estimation News

Finder Energy’s Kuda Tasi and Jahal oil development project in Timor-Leste received strong government endorsement and an independent resource upgrade, accelerating its path to first oil by 2027.

Santa Fe Minerals Limited has agreed to acquire an 80% stake in four promising gold projects in Côte d’Ivoire, backed by a $6 million placement to accelerate exploration. The deal significantly broadens Santa Fe’s presence in a prolific West African gold region.

Sky Metals is fast-tracking its drilling program at the Tallebung Tin Project by mobilising a second rig to test high-grade silver-tin zones and expand its resource base. Early assay results are expected in December, setting the stage for an updated Mineral Resource Estimate next year.

White Cliff Minerals has reported significant copper assay results from its maiden diamond drilling campaign at the Stark and Hulk prospects in Nunavut, Canada, reinforcing the potential of a large sediment-hosted copper system. The company plans to advance exploration with a Spring 2026 drilling program following promising geophysical data.

Paterson Resources has launched an extensive 8,500m drilling campaign at its Grace Gold Project, aiming to extend mineralisation and upgrade its gold resource classification by mid-2026.

Western Mines Group advances deep diamond drilling and a high-powered electromagnetic survey at its Mulga Tank project, leveraging co-funded grants to target high-grade nickel sulphide deposits.

Sunshine Metals has upgraded its shallow gold resource at the Liontown prospect by 14%, enhancing contained ounces and grade ahead of a mining study due in January 2026. The company is advancing drilling and environmental permitting as it targets first production next year.

Axel REE Limited reports promising metallurgical results from its Caladão Project in Brazil, confirming a magnet-rich ionic clay system with rare earth grades comparable to established Asian operations. These findings underpin a low-capital, low-operating cost in-situ leach development strategy.

AKORA Resources has taken a pivotal step by submitting its application to convert the Bekisopa Iron Ore Project’s exploration licence into a mining licence, leveraging recent political reforms in Madagascar to unlock development and investment opportunities.

Altair Minerals has identified approximately 17 kilometres of new gold target zones at its Greater Oko Project in Guyana, significantly expanding the prospective footprint based on historic geochemical data.

FIN Resources Limited has strengthened its geological team and commenced on-site assessments at the Cabin Lake Gold Project in Canada, progressing due diligence with promising early results.

Chilwa Minerals has upgraded its Mposa deposit resource to 25.65 million tonnes, with 83% now classified as Measured, incorporating rare earth element monazite for the first time. This milestone enhances the project's geological confidence and economic potential.