Latest Resource Estimation News

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Helix Resources reports significant new drilling results from its Gold Basin Project in Arizona, confirming wide intervals of oxide-gold mineralisation suitable for open-pit mining and supporting potential resource upgrades.
Maxwell Dee
Maxwell Dee
4 Aug 2025
Aurora Energy Metals supports Eagle Energy Metals’ proposed Nasdaq listing via SPAC, a move that could unlock significant funding and advance the Aurora Uranium Project in Oregon.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Western Mines Group has announced a landmark nickel sulphide discovery at its Mulga Tank project in Western Australia, revealing a globally significant resource of 5.3 million tonnes of contained nickel. Extensive drilling confirms a large-scale, high-potential nickel system that could reshape Australia’s position in the global nickel market.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Nagambie Resources has raised $1.2 million through a strategic placement to fund further diamond drilling and update its mineral resource estimate at the Nagambie Mine. The capital raise includes options that could inject additional funds over the next three years.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Forrestania Resources has signed a binding agreement to acquire IMD Gold, owner of the British Hill gold project in Western Australia, adding a near-surface JORC-compliant resource of approximately 56,000 ounces. The acquisition enhances Forrestania’s regional footprint and development pipeline amid promising metallurgical results.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Magmatic Resources and Fortescue have agreed on a $3.5 million exploration budget for FY25-26 at the Myall Project, focusing on extensive drilling to unlock copper-gold potential. Early results highlight promising mineralisation at the Calais prospect, setting the stage for accelerated exploration.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Whitebark Energy has confirmed a substantial update to its prospective hydrocarbon resources in South Australia's Officer Basin, with an independent assessment revealing 4.3 trillion cubic feet of gas and 1.3 billion barrels of liquids across key permits.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Tempest Minerals has identified a substantial new iron target, the Halo Prospect, near its Remorse magnetite deposit at Yalgoo. Historic samples show iron grades up to 62%, with promising magnetite and haematite mineralisation.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Antipa Minerals reports significant assay results from its CY2025 Phase 1 drilling at the Minyari Gold-Copper Project, revealing substantial resource extensions and new discoveries. With Phase 2 drilling and a Pre-feasibility Study underway, the company is advancing towards a potential standalone gold development.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Lakes Blue Energy has commenced drilling the Wombat-5 well in Victoria’s Gippsland Basin, aiming to unlock a significant gas resource to help ease tightening supply on Australia’s east coast.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Bellevue Gold Limited outlines a robust FY26 production outlook with potential to exceed guidance, supported by an updated 3.1 million ounce resource and 1.3 million ounce reserve. The company advances feasibility on a paste plant to enhance long-term economics.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Antilles Gold progresses its Cuban mining ventures with a key EPC contract signing and ongoing financing talks, focusing on the Nueva Sabana and La Demajagua projects. The company confirms stable resource estimates and outlines upcoming development milestones.
Maxwell Dee
Maxwell Dee
1 Aug 2025