Latest Resource Estimation News

Horizon Gold Limited has announced an updated Mineral Resource Estimate for its Gum Creek Gold Project, revealing an 8% increase in gold ounces and a notable 26% rise in average grade. This upgrade underscores the project's growing potential in Western Australia's Murchison region.

Brightstar Resources has enhanced its leadership team with seasoned mining executives and is advancing its Sandstone project, targeting a resource upgrade in early 2026 as it pursues a +200,000-ounce annual gold production goal.

McLaren Minerals has launched a fully underwritten A$3.6 million entitlement offer to accelerate development of its McLaren titanium project, offering shareholders discounted shares and options.

Battery Age Minerals Limited (BM8) is accelerating exploration across its diversified critical metals projects spanning Europe, North America, and South America, positioning itself as a key player in the global supply of germanium, gallium, lithium, gold, and silver.

Antilles Gold Limited has released an updated financial analysis for its Nueva Sabana copper-gold mine in Cuba, highlighting improved project economics and a construction start slated for late 2025. The study reflects higher metal prices and revised costs, underpinning a strong net profit and positive cash flow outlook.

Ariana Resources has initiated a 4,000-metre drilling campaign at its Dokwe Gold Project in Zimbabwe, aiming to expand the existing resource beyond one million ounces of gold. Early assay results are expected before year-end, with potential for program expansion.

Golden State Mining has appointed Keith Middleton as Managing Director and CEO, bringing over two decades of mining sector expertise and a strategic vision for growth. His leadership comes with a significant share-based incentive, signaling a new chapter for the exploration company.

Forrestania Resources has retracted its previous reference to a third-party Mineral Resource Estimate for the Hyden Project, clarifying it has yet to complete its own JORC-compliant assessment. Meanwhile, the company highlights strong growth across its Western Australian gold portfolio and strategic acquisitions.

Cannindah Resources has identified a 400-metre strike extension of copper-gold-molybdenum mineralisation at its Southern Target within the Mt Cannindah Project, Queensland, expanding the porphyry system footprint significantly. The company is advancing its drill program with scout drilling planned imminently to test this promising zone.

Red Sky Energy has completed drilling the Killanoola-2 well in South Australia, confirming hydrocarbons but facing low permeability challenges. The well is now suspended, with plans for future completion and stimulation to unlock production potential.

Terra Metals has confirmed a major new style of mineralisation at its Dante Project, discovering thick titanium–vanadium–copper-cobalt sulfide reefs at the Southwest Prospect. Early drilling assays reveal promising grades and significant cobalt content, hinting at substantial resource expansion potential.

Petratherm Limited has initiated an extensive resource drilling program at its Rosewood Titanium Project, aiming to define a maiden JORC resource over a 40km area. Concurrent environmental baseline studies are also underway to support future mining applications.