Latest Resource Estimation News

Caprice Resources reports outstanding Phase 1 drilling results at its Island Gold Project, revealing thick, high-grade gold intersections that signal a promising maiden resource. The company has already commenced Phase 2 drilling to further unlock the project's potential.

OD6 Metals has raised A$1.17 million through a targeted share placement to fund high-impact exploration at the historic Gulf Creek Copper Project, with drilling set to begin imminently.

Superior Resources has identified compelling high-grade copper, gold, and silver mineralisation at the historic Halls Reward Mine, revealing significant unmined extensions and multiple new targets for exploration.

Beacon Minerals has secured key regulatory approvals to launch multiple drilling programs at its Lady Ida Iguana Project, setting the stage for intensified exploration activity over the coming months.

Patronus Resources has upgraded its Mertondale Gold Project resource estimate, increasing contained gold ounces to 480,000oz alongside an 18% rise in grade, setting the stage for a June 2025 scoping study.

Pivotal Metals has commenced drilling at its flagship Horden Lake project in Quebec, advancing metallurgical testwork and preparing for a resource update, while also progressing exploration at its high-grade BAGB projects.

Saturn Metals has announced a significant upgrade to its Apollo Hill Gold Project resource, now exceeding 2 million ounces of gold, driven by extensive drilling and enhanced geological modelling.

Green Technology Metals (ASX: GT1) confirms production of high-quality spodumene concentrate from its Seymour Project in Ontario, reinforcing a streamlined DMS processing approach and advancing project feasibility.

Verity Resources has initiated a pit optimisation study on its Korong and Waihi gold deposits within the Monument Gold Project, aiming to capitalise on rising gold prices and unlock open-pit mining potential.

Finder Energy reports excellent progress on its Ikan 3D seismic reprocessing project, with imaging results exceeding expectations and the project on track for completion by end Q1 2025. The enhanced data aims to optimise development wells and de-risk exploration targets, potentially unlocking significant value.

Lefroy Exploration has partnered with BML Ventures under a profit-sharing agreement to develop the Lucky Strike gold deposit, aiming to start mining operations in the second half of 2025. This collaboration leverages BML's mining expertise and funding, while Lefroy retains half the profits from the project.

Critica Limited has announced a landmark maiden Mineral Resource Estimate for its Jupiter Project, establishing it as Australia's largest and highest-grade clay-hosted rare earth deposit with significant strategic potential.