Latest Resource Estimation News

Saturn Metals has reported a robust June quarter highlighted by significant drilling success and exceptional metallurgical recoveries at Apollo Hill, lifting its gold resource to 2.24 million ounces. These developments set the stage for a pivotal Pre-Feasibility Study and maiden Ore Reserve later this year.

Gullewa Limited reports significant progress in its mining and property ventures, including a major drilling campaign and lot sales, setting the stage for an updated resource estimate.

Manuka Resources has declared a maiden Probable Ore Reserve of 39,000 ounces of gold at its historic Mt Boppy Open Pit, underpinning a cutback project that adds significant value to its Cobar Basin production plan.

Mithril Silver and Gold reports outstanding high-grade gold and silver assay results from its Copalquin district in Mexico, setting the stage for an extensive drilling campaign starting August 2025. The discovery at Target 6 expands the district’s promising resource potential.

Aurum Resources has reported impressive high-grade gold assay results from its extensive diamond drilling at the Boundiali Gold Project in Côte d'Ivoire, reinforcing the project's potential and underpinning ambitious exploration and development targets for 2025.

ActivEX Limited reports a maiden gold resource of 310,000 ounces at its Gilberton project and broadens its rare earth element exploration with new tenement applications in Queensland.

Anson Resources has announced a maiden JORC lithium resource of 103,000 tonnes LCE at its Green River Project in Utah, with plans to expand through historic well re-entry and a new collaboration with POSCO for lithium extraction technology.

Leeuwin Metals has reported strong high-grade gold assay results from its latest drilling at the Marda Gold Project, with significant mineralisation extending below existing pits and new targets identified. The company aims to deliver a maiden Mineral Resource Estimate this quarter, supported by ongoing exploration and drilling.

First Lithium Limited is on the cusp of securing critical mining license renewals in Mali and anticipates releasing its maiden Mineral Resource Estimate this quarter, while managing funding and exploration cost pressures.

PhosCo Ltd has unveiled a significant phosphate discovery at its KM Prospect in Tunisia, featuring thick, shallow mineralisation close to the planned processing plant. This breakthrough could fast-track development and improve project economics at the Gasaat Project.

Kalamazoo Resources retains 100% ownership of its 1.44 million ounce Ashburton Gold Project and fast-tracks a scoping study amid soaring Australian gold prices. The company aims to unlock significant value from the Mt Olympus Deposit with a targeted study completion in Q4 2025.

Beacon Minerals has completed an 8-hole diamond drilling program at its Iguana deposit, revealing significant high-grade gold mineralisation and confirming geotechnical stability for pit designs. These findings set the stage for an updated resource model and future development plans.