Latest Resource Estimation News

Kinetiko Energy has completed a $2.2 million placement, supported by directors and major shareholders, to advance its gas exploration and production testing in South Africa’s Mpumalanga Province. Initial production test results are expected in July 2025.

AIC Mines has reported compelling new drilling results from its Jericho copper deposit in North Queensland, revealing high-grade mineralisation extending 380 metres beyond previous resource limits. These findings bolster the company’s resource base and highlight the deposit’s growth potential.

American West Metals has initiated its 2025 exploration campaign at the Storm Copper Project in Nunavut, targeting multiple high-priority zones with advanced drilling and geophysical surveys. The program aims to expand the project's substantial copper resources and refine its development potential.

Gorilla Gold’s first diamond drilling at Mulwarrie reveals impressive high-grade gold intercepts, setting the stage for a significant resource upgrade in Q3 2025. The ongoing program is expanding mineralisation beyond the current 78,700-ounce resource.

McLaren Minerals has successfully raised $1.282 million through a two-tranche placement to advance its McLaren Titanium Project in Western Australia, aiming to complete a critical pre-feasibility study by early Q3 2025.

Melody Gold has exercised its option to process gold surface materials at Horseshoe Metals’ Horseshoe Lights project, initiating a three-year exclusive licence that promises early cash flow to accelerate copper development.

Aguia Resources is ramping up production at its high-grade Santa Barbara gold project in Colombia while advancing a low-capital phosphate operation in Brazil, setting the stage for robust cash flow generation.

Wia Gold Limited reports compelling high-grade gold intercepts from extensive drilling at its Kokoseb Gold Project in Namibia, setting the stage for an imminent Mineral Resource Estimate update.

Venus Metals Corporation reports promising gold assay results from its recent drilling at Bellchambers and Rangeview prospects, setting the stage for an updated resource estimate and potential mine development.

Great Boulder Resources has expanded its gold mineralisation at Side Well South near Meekatharra, with recent drilling revealing high-grade intercepts over a 200m strike length. The company is advancing multiple drilling programs and a scoping study to support resource growth.

Ausgold Limited has successfully extended the high-grade gold shoot at its Katanning Gold Project by 240 metres down-plunge, reinforcing the potential for underground mining and resource growth.

Meeka Metals has begun commissioning its processing plant at the Murchison Gold Project, with ore now feeding into the plant and the first gold pour expected in June 2025.