Latest Resource Estimation News

Peak Minerals confirms a vast, high-grade rutile system at its Minta Rutile Project in Cameroon, with every drill hole intersecting heavy minerals and plans underway for a maiden resource estimate.

James Bay Minerals has reported significant high-grade gold and silver mineralisation extensions at its Independence Project in Nevada, challenging previous resource boundaries and prompting a strategic shift in exploration focus.

Sun Silver Limited’s latest re-assays from its Nevada Maverick Springs Project reveal extensive antimony mineralisation, reinforcing the potential for a maiden resource estimate and highlighting the project’s strategic importance in critical minerals.

Helix Resources Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.68 million, partially underwritten by Mahe Capital, aiming to fund key drilling and resource estimation projects.

Helix Resources Ltd has initiated a $1.68 million renounceable entitlement offer at a significant discount to fund drilling and resource estimation at its White Hills and Gold Basin projects.

Litchfield Minerals Limited has launched a $1.5 million capital raising to fast-track exploration at its Northern Territory copper-zinc projects, including the advanced Oonagalabi asset. Recent drilling and geophysical surveys highlight promising mineralisation and near-term growth potential.

Vertex Minerals has initiated underground mining at its Reward Gold Mine, marking a significant shift to high-grade gold extraction. The company is progressing steadily with infrastructure and mining fronts to sustain continuous production.

Rimfire Pacific Mining reports robust scandium assay results from its inaugural scandium-focused drilling at Currajong, setting the stage for a maiden resource estimate in September 2025.

Terra Metals has announced a maiden Mineral Resource Estimate for its Dante Project, revealing a significant polymetallic deposit with strong grades and excellent metallurgical recoveries. The resource remains open for expansion, supported by ongoing drilling and strategic funding.

Iltani Resources reports robust assay results from recent drilling at its Orient East silver-indium deposit, revealing wide, high-grade mineralisation and prompting an expanded drilling program that delays the maiden resource estimate to late 2025.

Victory Metals Ltd has announced a substantial upgrade to its North Stanmore Heavy Rare Earth Element Project, increasing the mineral resource by nearly 30% and revealing some of the highest heavy rare earth element ratios recorded in Australia.

Forrestania Resources has signed a binding option agreement to acquire 100% of Hyden Project Holdings, adding nearly 300,000 ounces of gold resources in Western Australia to its portfolio. The move aligns with its strategy to expand in the Forrestania gold region, with a major drilling program planned.