Latest Resource Estimation News

Prospect Resources reports promising Phase 2 drilling results at its Mumbezhi Copper Project in Zambia, highlighting significant copper intersections and expanded exploration initiatives. The company’s collaboration with First Quantum Minerals and structural experts underpins its ambition to substantially grow the project’s resource base.

Lincoln Minerals Limited unveils promising drill results at its Minbrie copper-base metals project and highlights progress across its diversified critical minerals portfolio in South Australia’s Gawler Craton.

AIC Mines has reported significant high-grade copper and gold intercepts from recent drilling at its Jericho copper deposit in North Queensland, boosting confidence in the resource and its development potential.

Equinox Resources Limited has launched a prospectus offering up to 21.8 million quoted options, including free-attaching options to placement participants and options to the lead manager as part of a strategic capital move. The offer aims to support key project developments across Brazil, Canada, and Australia, while navigating a complex risk landscape.

Askari Metals has acquired full ownership of the advanced Nejo Gold Project in Ethiopia, positioning itself in a prolific gold-copper region with significant exploration upside. The company plans systematic drilling to validate historical high-grade results and fast-track a maiden JORC resource estimate.

Antares Metals has confirmed visible copper mineralisation alongside uranium at its Queens Gift prospect within the Mt Isa North project, signalling promising multi-commodity potential.

Rox Resources reports ahead-of-schedule dewatering and compelling high-grade drilling results at Youanmi, alongside strong interest in project debt financing, signaling a clear path toward production.

Alkane Resources reports promising drilling outcomes at its Northern Molong Porphyry Project, highlighting extensions of gold-copper mineralisation at Boda-Kaiser and Driell Creek. The company outlines a robust exploration program with further geophysical surveys and drilling planned.

Black Cat Syndicate reports robust progress in reverse circulation drilling at Fingals, delivering high-grade gold intercepts that underpin imminent mine development at Kal East.

Mithril Silver and Gold Limited has expanded its flagship Copalquin Project in Mexico, revealing an 8-kilometre-long, high-grade gold-silver system and ramping up drilling activities across multiple targets.

Macarthur Minerals has extended the timetable for its A$2 million renounceable rights issue, providing shareholders more time to participate amid ongoing regulatory scrutiny by ASIC.

Zeus Resources has completed the acquisition of the Casablanca Antimony Project in Morocco, unlocking access to exceptionally high-grade antimony mineralisation and positioning itself in a mining-friendly jurisdiction.