Latest Resource Estimation News

Resouro Strategic Metals reports a significant update to its Tiros project resource alongside a reduced quarterly loss, highlighting progress in its Brazilian exploration assets.

QMines Limited reports strong, consistent high-grade copper-zinc drilling results at its Sulphide City deposit, reinforcing the Develin Creek project’s growth potential and advancing plans for a multi-asset operation in Central Queensland.

Everest Metals Corporation has raised $4 million through a share placement to advance its gold and critical minerals projects in Western Australia, including pioneering rubidium extraction technology.

White Cliff Minerals has significantly expanded the known copper sulphide mineralisation at its Danvers Copper Project in Nunavut, Canada, revealing a continuous 4km strike length and new parallel structures. Ongoing drilling aims to further define this promising regional copper system.

Peak Minerals confirms a vast, high-grade rutile system at its Minta Rutile Project in Cameroon, with every drill hole intersecting heavy minerals and plans underway for a maiden resource estimate.

James Bay Minerals has reported significant high-grade gold and silver mineralisation extensions at its Independence Project in Nevada, challenging previous resource boundaries and prompting a strategic shift in exploration focus.

Sun Silver Limited’s latest re-assays from its Nevada Maverick Springs Project reveal extensive antimony mineralisation, reinforcing the potential for a maiden resource estimate and highlighting the project’s strategic importance in critical minerals.

Helix Resources Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.68 million, partially underwritten by Mahe Capital, aiming to fund key drilling and resource estimation projects.

Helix Resources Ltd has initiated a $1.68 million renounceable entitlement offer at a significant discount to fund drilling and resource estimation at its White Hills and Gold Basin projects.

Litchfield Minerals Limited has launched a $1.5 million capital raising to fast-track exploration at its Northern Territory copper-zinc projects, including the advanced Oonagalabi asset. Recent drilling and geophysical surveys highlight promising mineralisation and near-term growth potential.

Vertex Minerals has initiated underground mining at its Reward Gold Mine, marking a significant shift to high-grade gold extraction. The company is progressing steadily with infrastructure and mining fronts to sustain continuous production.

Rimfire Pacific Mining reports robust scandium assay results from its inaugural scandium-focused drilling at Currajong, setting the stage for a maiden resource estimate in September 2025.