Latest Resource Estimation News

Gorilla Gold has completed the acquisition of the remaining 49% stake in the Comet Vale Project, boosting its ownership to 100% and positioning itself to expand the high-grade gold resource.

Patriot Resources has agreed to acquire a 100% interest in the Sugarloaf Copper Deposit, a high-grade asset in Zambia’s Mumbwa District, positioning the company for near-term copper production aligned with regional processing infrastructure.

Critica Limited announces the resignation of Managing Director Philippa Leggat, who led key advances in the Jupiter rare earth project. An interim CEO is appointed as the Board begins the search for a permanent successor.

Hillgrove Resources has reported multiple new high-grade copper-gold drill results at its Nugent underground deposit, extending mineralisation well beyond the current resource estimate and accelerating development plans.

Patagonia Lithium has reported robust porosity and lithium assay results from its Formentera Lithium Brine Project, reinforcing confidence in its maiden resource estimate. The recent Nuclear Magnetic Resonance survey highlights a substantial aquifer and promising lithium concentrations at depth.

Golden Horse Minerals reports outstanding initial metallurgical test results from its Hopes Hill gold project, with average gold recoveries nearing 97%, signaling strong processing potential.

Rapid Lithium Limited has agreed to acquire two high-grade silver projects in New South Wales, adding nearly 35 million silver equivalent ounces to its portfolio. The deal, valued at A$6.5 million, signals a strategic diversification into critical minerals amid a robust silver market.

Solstice Minerals has pinpointed promising mineral resource extension targets at its Nanadie Copper-Gold Project in Western Australia, setting the stage for a potential significant increase in copper and gold resources.

Altamin Limited has reported the final tranche of high-grade zinc-lead-silver assay results from its 2024 channel sampling at the Gorno Project, revealing mineralisation beyond current resource boundaries. These findings highlight new zones in previously inaccessible areas, reinforcing the project's exploration potential.

New Frontier Minerals advances its NWQ Copper Project by securing bulk sample processing at Austral Resources’ Mt Kelly plant, accelerating its path to copper production in Queensland’s Mt Isa Copper Belt.

Bryah Resources has secured an option to acquire the Golden Pike high-grade gold project in New Brunswick, Canada, featuring a historical inferred resource of over 66,000 ounces of gold. The move positions Bryah to capitalize on strong gold prices with plans for extensive exploration and resource upgrade.

Chilwa Minerals has reported impressive high-grade heavy mineral sand assay results from its Mpyupyu Dune deposit in Malawi, confirming thicker and richer mineralisation than previously estimated. These findings pave the way for an upcoming scoping study and resource upgrades.