Latest Resource Estimation News

Western Mines Group has been awarded a $180,000 government grant to fund further drilling at its Mulga Tank nickel project, targeting a promising komatiite mineral system. This funding supports the company’s ongoing exploration efforts to delineate a significant nickel sulphide deposit in Western Australia.

EV Resources Limited is rapidly advancing its Los Lirios Antimony Project in Mexico, unveiling extensive mineralisation and preparing for maiden drilling amid critical global supply pressures.

Podium Minerals has initiated a fully underwritten entitlement offer to raise approximately A$7 million, aiming to fund pilot plant testing and resource expansion at its Parks Reef PGM Project. The offer invites eligible shareholders to acquire new shares at 6.4 cents each, reinforcing Podium’s growth trajectory amid rising platinum group metal prices.

Mithril Silver and Gold Limited has expanded its high-grade silver-rich Target 5 at the Copalquin district in Mexico, with surface samples hitting up to 3,300 g/t silver and 2.0 g/t gold. Drilling programs at multiple targets are progressing, promising significant resource growth.

Gorilla Gold announces strategic leadership hires and an employee incentive scheme tied to ambitious resource growth targets, alongside significant high-grade gold discoveries extending the Lakeview deposit at Comet Vale.

EV Resources reports strong metallurgical results from its Los Lirios Antimony Project, confirming high antimony grades alongside gold and silver by-products, paving the way for fast-track production and strategic alignment with U.S. critical minerals supply chains.

White Cliff Minerals has reported significant new high-grade copper and silver intersections from its 2025 summer drilling at the Danvers prospect, expanding mineralisation beyond historic boundaries at the Rae Copper Project in Nunavut.

FireFly Metals reports exceptional high-grade copper and gold drill results from its Green Bay Project in Canada, setting the stage for a significant Mineral Resource Estimate update this quarter.

Mammoth Minerals has intensified its exploration at the Excelsior Gold-Silver Project with a second drill rig, aiming to deliver its first resource estimate by Q4 2025. A comprehensive magnetics survey further sharpens targeting across multiple mineralised trends.

Astral Resources reports strong assay results confirming gold mineralisation extensions at its Spargoville Gold Project, while advancing drilling at Mandilla and completing lithium exploration under a joint venture.

Strickland Metals has identified multiple new porphyry target areas at its Rogozna Gold and Base Metals Project in Serbia, following a comprehensive gravity survey integrated with existing geophysical data. This breakthrough enhances the company’s exploration pipeline and sets the stage for upcoming drilling campaigns.

Solstice Minerals has upgraded gold intercepts at its Bluetooth Gold Prospect in WA, confirming broad near-surface mineralisation and fresh rock potential that supports open pit mining prospects.