Latest Resource Estimation News

Alvo Minerals has successfully closed the institutional portion of its entitlement offer, raising $751,133, with a retail offer set to open on June 11 aiming to raise an additional $810,985. The capital raise will fund exploration and potential acquisitions in Brazil's mineral sectors.

American West Metals is ramping up exploration and development at its West Desert Project in Utah, targeting critical metals like indium, molybdenum, and gallium amid supportive US government policies and tightening Chinese export controls.

TG Metals Limited has upgraded the Van Uden Gold Project resource to a 2012 JORC compliant Mineral Resource Estimate, confirming 227,140 ounces of gold within a 6.35 million tonne open-pit constrained resource. The update lays a solid foundation for upcoming mining studies and potential resource expansion.

GTI Energy’s recent Scoping Study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with strong economic metrics and a 7-year production horizon.

GreenTech Metals has identified substantial gold mineralisation alongside copper and zinc at its Whundo Project, enhancing the economic potential and prompting a resource re-estimation to assess near-term production viability.

White Cliff Minerals has reported outstanding copper and silver assay results from its maiden drilling at the Rae Copper Project in Nunavut, setting the stage for an expanded multi-rig campaign and resource upgrade.

Asra Minerals has appointed Paul Stephen as Managing Director and engaged veteran geologist Ziggy Lubieniecki to bolster exploration at its Leonora Gold Projects, signaling a strategic push to unlock value in Western Australia’s prolific goldfields.

Podium Minerals Limited has announced a fully underwritten entitlement offer to raise approximately A$2.6 million, aimed at advancing metallurgical test work and maintaining its expanded tenement package for the Parks Reef PGM Project.

Elevate Uranium has identified a substantial uranium mineralised envelope at its Namib IV tenement, expanding the Koppies Uranium Project and setting the stage for a maiden resource estimate later this year.

Challenger Gold has completed a Pre-Feasibility Study for toll milling at its Hualilan Gold Project, revealing strong economics, low capital requirements, and a swift payback period. The study underscores the project's potential to generate significant cash flow over three years through a toll milling arrangement with Austral Gold.

Vertex Minerals confirms fully developed, accessible stope blocks at its Reward Mine, featuring a high-grade inferred resource that promises to accelerate underground production start-up.

Patriot Resources has identified a significant new copper mineralisation zone within its Sugarloaf licence in Zambia, revealing promising surface copper grades and a substantial strike length that could expand its resource base.