Latest Resource Estimation News

ADX Energy has been awarded a new offshore gas exploration permit in the Sicily Channel, Italy, boasting significant prospective resources and strategic proximity to key infrastructure. The company plans further seismic work and drilling to unlock the permit’s potential.

Horizon Gold is advancing its Gum Creek Gold Project feasibility study on track for early 2026 completion, with significant resource expansion and deep drilling planned to extend mine life and enhance project economics.

Forrestania Resources has announced its first JORC-compliant inferred mineral resource at the Ada Ann gold deposit, marking a significant step toward becoming a high-margin gold producer.

Diatreme Resources has outlined two substantial exploration targets near its Northern Silica Project, potentially adding up to 275 million tonnes of high-purity silica sand adjacent to the world-class Cape Flattery mine.

Triangle Energy and Athena Exploration have significantly upgraded gas resource estimates for the UK P2628 permit, positioning themselves among the top undeveloped gas holders in the region.

Forrestania Resources has announced a maiden JORC-compliant inferred mineral resource of 12,419 ounces of gold at its Ada Ann deposit near Kalgoorlie, marking a key step towards production.

Charger Metals has announced a maiden inferred mineral resource of 8.2 million tonnes at 1.0% lithium oxide for its Medcalf Lithium Deposit, underscoring the significant potential of its Lake Johnston project in Western Australia.

Black Canyon Limited has launched Phase 3 drilling at its Wandanya Project, aiming to extend and infill a significant high-grade manganese and iron mineralisation zone over a 3km strike in Western Australia’s Oakover Basin.

VBX Limited strengthens its leadership and advances drilling programs at the Wuudagu bauxite project, setting the stage for a pivotal Definitive Feasibility Study and environmental approvals.

Victory Metals has won a $250,000 MRIWA grant to advance its North Stanmore scandium project, positioning itself amid rising global supply risks due to export controls by China and Russia.

Great Boulder Resources has reported exceptional high-grade gold intersections at its Side Well Gold Project, revealing new mineralisation zones at Eaglehawk and Ironbark that could significantly expand its resource base.

Tungsten Mining has launched a 10-week Scoping Study to explore a phased development approach at Mt Mulgine, starting with an oxide gold project to generate early cash flow before advancing to tungsten and molybdenum production.