Latest Resource Estimation News

Redcastle Resources has partnered with BML Ventures to fast-track gold production at key deposits while massively expanding its Eastern Goldfields footprint through a strategic tenement acquisition.

Unico Silver Limited has raised $25 million through a share placement to accelerate drilling and resource upgrades at its key silver projects in Argentina, aiming to define a major silver equivalent resource.

Wia Gold Limited has raised A$30 million through a placement to fund accelerated exploration and development at its Kokoseb gold project in Namibia, bolstering its cash position to approximately A$55 million.

TG Metals reports encouraging assay results from historical stockpiles and secures approvals for in-pit drilling at its Van Uden Gold Project, aiming to unlock near-term cash flow opportunities.

European Lithium Ltd reports robust 2024 diamond drill results from its Tanbreez Rare Earth Project in Greenland, confirming consistent high-grade rare earth mineralisation with significant heavy rare earth content and promising associated metals.

Stavely Minerals has launched a new phase of drilling at its Fairview North gold prospect following impressive high-grade assay results, aiming to expand known mineralisation along strike. Concurrent soil sampling at Fairview South is set to guide further exploration.

Infini Resources has pinpointed 14 high-priority uranium exploration targets at its Reynolds Lake Project in Saskatchewan, setting the stage for a detailed field program starting September 2025. This development complements its broader uranium exploration strategy in the Athabasca Basin region.

Brightstar Resources reports robust gold assay results from its Sandstone Gold Project, reinforcing its path to a 2.4 million ounce resource following a merger with Aurumin Limited.

Prodigy Gold NL has reported a total mineral resource of 1.03 million ounces of gold, driven by updated estimates at its Tregony and Hyperion deposits and a restatement of Buccaneer resources reflecting higher gold prices.

Gateway Mining has completed its $45 million acquisition of the Yandal Gold Project from Strickland Metals, adding a significant 400,400-ounce gold resource to its portfolio. The company plans to advance mining licence applications and exploration activities in Western Australia's underexplored Yandal Greenstone Belt.

Anson Resources has successfully raised $5 million through an oversubscribed share placement to fast-track development of its Green River Lithium Project in Utah. The funds will support key engineering, permitting, and resource expansion activities.

Carnaby Resources has completed its acquisition of the Trekelano mining leases, advancing exploration and integration efforts within its Greater Duchess Copper Gold Project.