Latest Resource Estimation News

Yandal Resources (ASX:YRL) has reported significant new gold intercepts at its Arrakis Prospect, confirming continuity and high-grade zones, while diamond drilling at Flushing Meadows reveals promising fresh rock mineralisation below the existing 268,000-ounce resource.

Terrain Minerals’ recent drilling at its Wildflower Prospect within the Smokebush Project has confirmed gold and silver mineralisation across three major geophysical targets, with high-grade gold intercepts below 130 metres depth and the system remaining open along strike and at depth.

Pilbara Gold has launched its largest-ever drilling program at Mt York, aiming to build on its 2.1 million ounce gold resource with extensive extensional drilling and a new geophysical survey.

Advance Metals Limited’s first diamond drill hole at the Gavilanes Project in Mexico has intersected a substantial high-grade silver zone, reinforcing plans for a JORC resource upgrade later in 2026 amid ongoing drilling.

Auric Mining’s Munda Gold Deposit resource estimate has surged 32% to 4.20 million tonnes at 1.43 g/t gold, driven by higher-grade grade control drilling and stronger-than-expected production from the Starter Pit.

Aldoro Resources has achieved a major metallurgical milestone at its Kameelburg project, with direct acid leach tests recovering up to 72% of rare earth elements and over 99% of strontium without prior beneficiation, suggesting a potentially lower-cost development pathway.

Nex Metals Explorations has finalised the sale of its 20% stake in the Yundamindra and Kookynie Gold Joint Venture to Arika Resources, securing $0.5 million in net cash and a significant shareholding. The move clears joint venture funding obligations and redirects capital towards advancing its Kookynie Tailings Project and Egyptian exploration.

Arika Resources has completed its acquisition of 100% ownership of the Yundamindra and Kookynie gold projects, consolidating control over key assets in Western Australia’s Eastern Goldfields and setting the stage for accelerated exploration.

Brazilian Critical Minerals (ASX: BCM) reports robust magnesium sulphate leach results from its 2025 drilling at the Ema project, validating key assumptions for a long-life, low-cost rare earth operation.

Tungsten Mining NL has kicked off a large-scale drilling campaign at its Mt Mulgine Project, aiming to test a substantial exploration target that could significantly boost its tungsten resources.

Lac Gold has reported standout high-grade gold intersections at its Astoria deposit within the Rouyn Gold Project, including a blistering 0.5m intercept grading 1,580g/t Au. These results underpin a structurally complex, large-scale orogenic system and come as Phase 2 drilling ramps up.

Magnum Mining has significantly increased its exploration footprint around the Piracanjuba rare earth clay discovery in Brazil, securing 14 new permits and advancing a major drilling campaign targeting a large-scale deposit.