Latest Resource Estimation News

Kalamazoo Resources has unveiled a substantial underground Exploration Target at its Peake Deposit, potentially adding up to 380,000 ounces of gold and extending the Ashburton Gold Project’s mine life beyond current plans.

Tarrina Resources has expanded the known gold anomaly at its Christmas Gift Gold Project by over a kilometre, unveiling 29 new soil geochemical targets including 12 high priorities that could reshape exploration plans.

Black Canyon’s latest drilling at Wandanya extends high-grade manganese and iron mineralisation 300m north and expands cross-strike widths to 800m, reinforcing the project’s potential for low-cost direct shipping ore.

Auric Mining has upgraded its Munda Gold Deposit resource by 32% to 192,000 ounces, supported by high-grade drilling and production that outperformed expectations. The deposit remains open for expansion, with a scoping study underway to integrate mining with the Burbanks Processing Plant.

Meeka Metals has kicked off ore development at Judy North within its Andy Well underground mine, targeting a 96,000-ounce high-grade gold resource. Development is expanding across multiple levels, with grades aligning with resource estimates and potential for improvement at depth.

Ballymore Resources has pushed the boundaries of its Torpy’s silver-lead-zinc-indium discovery in North Queensland, with initial results from a fresh 3,000m drilling campaign revealing broad zones of massive sulphide mineralisation closer to surface. Assays are due in June, while a government-backed gravity survey aims to unlock further targets across the Ruddygore corridor.

Godolphin Resources is spinning out its Narraburra Rare Earths Project into a new ASX-listed entity, Matrix Critical Minerals, with MST Financial appointed to spearhead the IPO expected in the second half of 2026.

Avira Resources has kicked off siteworks at its Mt Cattlin Gold Project ahead of a 4,500-metre RC drilling program targeting a maiden resource estimate by year-end.

Asara Resources continues to unlock substantial high-grade extensions at its Kada Gold Project in Guinea, with recent drilling confirming broad, consistent gold mineralisation beyond existing resources.

Many Peaks Minerals has raised A$27.5 million through a placement to fund extensive drilling and a pre-feasibility study at its Ferké Gold Project and other Côte d’Ivoire assets.

White Cliff Minerals has landed a CAD$250,000 exploration grant from Nunavut’s government to fund a 6,000m drilling campaign at the Danvers deposit, reinforcing the Rae Copper Project’s potential in a Tier-1 mining jurisdiction.

Helix Resources has snapped up a half interest in the Weerianna Gold-Lithium Project in Western Australia’s West Pilbara, gaining exposure to a historical gold resource and promising lithium potential near a major lithium discovery.