Latest Resource Estimation News

Red Mountain Mining has significantly increased its presence in Idaho’s critical minerals sector by acquiring the Silver Dollar Antimony Project, adding high-grade historical antimony-gold mineralisation to its portfolio. This move enhances RMX’s strategic position in the US critical metals market.

St George Mining secures government support to establish a cutting-edge pilot plant and research centre at its Araxá Project, aiming to refine rare earth and niobium processing in Brazil. This initiative builds on historic metallurgical success and positions the company at the forefront of critical metals supply chain development.

Minerals 260 Limited’s latest drilling results at the Bullabulling Gold Project reveal thick, shallow high-grade gold intercepts that underpin a forthcoming resource upgrade. The company advances its Pre-Feasibility Study with confidence, eyeing a December 2025 Mineral Resource Estimate update.

Culpeo Minerals reports promising high-grade, near-surface copper mineralisation from its maiden drilling at La Florida Prospect within the Fortuna Project in Chile, confirming a new porphyry system.

Many Peaks Limited reports significant high-grade gold intercepts from diamond drilling at its Ferké Gold Project in Côte d’Ivoire, prompting an expanded drilling campaign and advancing the path toward a maiden resource estimate.

Osmond Resources has successfully intersected a highly prospective mineralized layer in its first drill hole at the Orión EU Critical Minerals Project, advancing its critical minerals exploration in Spain. Assay results are expected by the end of October, with further drilling underway.

Asian Battery Metals PLC’s latest Phase 3 drilling results at the Yambat Project in Mongolia reveal expanded copper-nickel mineralisation and new high-conductance electromagnetic targets, underscoring the district-scale potential of this emerging magmatic sulphide system.

Krakatoa Resources is rapidly advancing exploration at its Zopkhito Gold and Antimony Project in Georgia, with underground core sampling and a two-rig diamond drilling program targeting a maiden JORC-compliant resource. The project’s strategic location offers a rare European source of critical minerals amid global supply concerns.

Brazilian Critical Minerals Ltd advances permitting for its Ema rare earths project in Brazil, securing strong local government support and progressing key licence applications.

Tombador Iron Limited, soon to be Atomic Eagle Limited, is set to acquire Canadian uranium explorer GoviEx Uranium Inc and relist on the ASX, backed by a $5–10 million capital raise to advance its flagship Muntanga Uranium Project in Zambia.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading U.S.-focused uranium company valued at A$44.5 million. The deal consolidates key assets and promises enhanced exploration and development opportunities.

Leeuwin Metals has reported promising shallow high-grade gold intercepts from its maiden drilling at the Evanston Prospect within the Marda Gold Project, signaling a potentially significant discovery in Western Australia.