Latest Resource Estimation News

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

Skylark Minerals has agreed to acquire a portfolio of gold projects in Côte d’Ivoire, including the flagship Zaranou Project with a JORC-compliant inferred resource of 364,600 ounces. This deal positions Skylark as a significant emerging player in West Africa’s gold sector.

Caprice Resources has reported compelling high-grade gold assay results from its Phase 4 drilling at the Island Gold Project, extending mineralisation to 300 metres depth and confirming potential for further expansion.

GBM Resources has reported significant new gold assay results from its Lone Sister deposit, revealing high-grade mineralisation beyond the current resource estimate and identifying a previously unknown east-west gold-bearing structure.

Greenvale Energy’s latest drilling and trenching at the Oasis Uranium Project confirm high-grade uranium continuity and reveal a potential second mineralised structure, expanding exploration horizons.

Nimy Resources has announced a maiden JORC Inferred Mineral Resource featuring exceptionally high-grade gallium and rare earth oxides at its Block 3 East deposit in Western Australia’s Mons Project. The discovery positions Nimy as a potential key supplier amid tightening global critical minerals supply.

Lion Rock Minerals has pinpointed a unique monazite-enriched granite source rich in heavy rare earths at its Minta Est Project in Cameroon, triggering an infill drilling campaign to define this promising mineralisation.

Strickland Metals has reported its largest-ever mineralised intercept at the Gradina Deposit in Serbia, with over 700 metres of continuous gold and zinc mineralisation. This breakthrough supports confidence in expanding the Rogozna Project’s resource ahead of a maiden estimate due late 2025.

Omega Oil and Gas has inked a binding Letter of Intent with Helmerich & Payne for a cutting-edge drilling rig to spearhead its expansive 2026/27 Taroom Trough appraisal program, aiming to unlock significant unconventional gas and liquids resources.

Galileo Mining has initiated a large-scale gravity survey at its Norseman project in Western Australia, aiming to deepen geological insights ahead of a targeted drilling campaign. The survey covers key prospective zones near the significant Callisto deposit and Mission Sill prospect.

Brightstar Resources has reported promising high-grade drilling results at its Second Fortune and Fish gold mines, indicating potential extensions to mine life and new ore sources for its planned Laverton mill.

Pantera Lithium has identified seven priority exploration targets at its Gillham Silver-Antimony Project in Arkansas, marking the first modern evaluation of this historic mining district in over a century. The move aligns with growing US strategic focus on critical minerals like antimony and silver.