Latest Resource Estimation News

Broken Hill Mines has commenced mining and processing of the high-grade Blackwoods ore body at its Rasp Mine ahead of schedule, boosting exposure to precious metals amid soaring silver prices.

WA1 Resources has released new drilling results from its Luni Niobium Project, confirming the continuity of high-grade niobium zones and advancing pre-development activities ahead of a planned resource update in 2026.

Octava Minerals is set to launch an exploration drilling program at its Byro Critical Minerals Project following impressive bioleaching recoveries of rare earths, lithium, and vanadium. The initiative aims to define a maiden resource and advance the project’s development.

Antares Metals has revealed a major copper discovery at its Mount Isa North Project, with high-grade samples up to 22.5% copper spanning a 9km mineralised shear zone. This district-scale find opens new exploration avenues in a historically underexplored area.

Wildcat Resources reports a robust Preliminary Feasibility Study for its Tabba Tabba lithium project, alongside a significant new lithium discovery at Bolt Cutter Central, signalling strong growth potential in the Pilbara region.

Neometals Ltd has initiated an 8,300-metre drilling campaign targeting high-grade gold zones at its 100% owned Barrambie Gold Project in Western Australia, aiming to unlock new resource potential and advance towards production.

Power Minerals Limited has secured an option to acquire the Gamma Heavy Rare Earths Project in California, adjacent to the Mountain Pass Mine, backed by a $4.1 million placement to accelerate exploration.

Flagship Minerals’ review of Anglo American’s dataset reveals a 5km by 1.2km gold-in-soil anomaly at the Pantanillo Gold Project in Chile, significantly larger than current drill coverage and supporting plans to upgrade the resource estimate.

Turaco Gold has confirmed a significant high-grade gold discovery at its Adiopan prospect within the Afema Project, with drilling results pointing to substantial resource growth ahead of a major update. The company’s Pre-Feasibility Study remains on track, supported by a strong cash position.

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

Saturn Metals has upgraded its Apollo Hill gold resource to 2.24 million ounces with 82% now in higher-confidence categories, while successfully raising $45 million to advance development.

Eastern Metals Limited has entered a definitive agreement to acquire Raptor Resources Limited, adding significant copper and gold assets in Canada and Western Australia, alongside a planned capital raise to fund exploration and ASX reinstatement.