Latest Resource Estimation News

The Central Tanami Project joint venture between MGX Resources and Tanami Gold NL reports a 2.8 million ounce gold resource, progressing towards production with key infrastructure upgrades and exploration drilling underway.

Black Canyon Limited (ASX, BCA) has unveiled promising exploration results and positive scoping studies for its manganese and iron projects in Western Australia, positioning itself as a key emerging developer in the sector.

Native Mineral Resources has successfully poured 1,543 ounces of gold doré at its Blackjack Processing Plant, while progressing key operational and regulatory initiatives to optimise mining and processing activities.

Perpetual Resources has reported exceptional high-grade Caesium and Lithium assay results from surface channel sampling at its Morro Grande prospect in Brazil’s Lithium Valley, confirming a highly evolved critical minerals system. These findings pave the way for refined drill targeting and extensive trenching ahead.

Terrain Minerals is progressing key drilling campaigns across its Western Australian and Queensland projects, aiming for a maiden JORC resource at its Lightning gold-silver prospect by mid-2026. The company’s diversified portfolio also includes critical metals like gallium, lithium, copper, and rare earth elements.

Lunnon Metals reports robust drilling results at Lady Herial, confirming significant high-grade gold mineralisation beyond current open pit plans and signalling potential for an expanded mining footprint.

GreenTech Metals has appointed James Rattenbury as CEO to spearhead development of its Munni Munni platinum group metals project, signalling a strategic push in the West Pilbara mining hub.

Tambourah Metals reports robust high-grade gold discoveries at Beatty Park South and Tambourah King, alongside promising critical minerals results at Speewah North, supported by active drilling and strong funding.

Vita Resources has unveiled a commissioned re-evaluation of its ICE Copper-Gold Project in Yukon, revealing significant silver, cobalt, and indium mineralisation that upgrades the project to polymetallic status. This fresh insight sets the stage for expanded exploration and resource assessment.

Santa Fe Minerals has initiated a significant drilling campaign at its Satama Gold prospect, aiming to define a JORC resource across a 2.5km strike length. The program combines diamond and reverse circulation drilling to test promising gold lodes at depth and along strike.

American West Metals has commenced a significant diamond drilling program at its West Desert Project in Utah, aiming to grow the largest indium resource in the US and explore high-grade critical metals including gallium and copper.

Anson Resources is set to begin a 2,500-metre drilling campaign at its Yellow Cat project in Utah, aiming to confirm and extend high-grade uranium and vanadium mineralisation along a significant strike length.