Latest Resource Estimation News

Pancontinental Energy has identified significant new oil prospects within its PEL 87 permit, boosting total high-case prospective resources to 6.1 billion barrels. The company advances its farmout process and seeks a 12-month exploration extension amid strong regional activity.

Castile Resources has reported substantial increases in gold, copper, and bismuth resources at its Rover 1 Project, while advancing plans for refined bismuth production amid tightening global supply due to Chinese export controls.

Tennant Minerals has announced a maiden high-grade copper-gold resource at its Bluebird discovery, alongside new exploration targets identified through gravity data modelling. These developments set the stage for advancing project development and further drilling.

Chilwa Minerals has confirmed elevated rare earth and heavy mineral sands resources in Malawi, progressing exploration and metallurgical studies alongside a $4.1 million capital raise and strategic logistics talks.

Sun Silver Limited reports significant drilling success at its Maverick Springs silver-gold project, backed by a $30 million capital raise and plans for a U.S. OTC listing to broaden investor access.

Narryer Metals advances metallurgical studies at Rocky Gully, revealing a promising dual-path processing flowsheet and a 124% uplift in rare earth grades, while also announcing a significant new titanium discovery at its Muckanippie JV in South Australia.

Brightstar Resources reports a record September quarter with strategic consolidation of the Sandstone region through Aurumin acquisition, a $50 million capital raise, and advancing key projects towards development.

Norfolk Metals has kicked off its maiden drilling campaign at the Carmen Copper Project in Chile, backed by a A$3.5 million capital raise and the strategic appointment of mining veteran David Fowler to its board.

Warriedar Resources reports robust drilling results confirming extensions of high-grade gold and antimony mineralisation at key Western Australian projects, alongside an increased acquisition offer from Capricorn Metals.

GreenX Metals has revealed a substantial historical copper estimate at its Tannenberg project in Germany, alongside promising antimony-gold findings in Greenland and a major arbitration award against Poland.

Berkeley Energia reports promising lithium and rubidium recoveries from its Conchas Project in Spain, while its subsidiary pursues a $1 billion arbitration claim against Spain over regulatory hurdles at the Salamanca uranium project.

WIN Metals has completed the strategic acquisition of the high-grade Radio Gold Mine and launched a significant drilling program, supported by a $2.35 million capital raise to advance exploration and development activities.