Latest Resource Estimation News

Rox Resources has completed its two-tranche placement, raising a total of $40 million to advance its Youanmi Gold Project development. The final tranche involved issuing 13.5 million shares to key institutional investors.

Torque Metals is initiating a targeted 6,500-metre drilling program at its Paris Gold Project, leveraging advanced electromagnetic surveying to unlock new high-grade gold zones and potentially grow its resource base.

Redcastle Resources has significantly boosted its gold Mineral Resource Estimates to 42,000 ounces across its Queen Alexandra and Redcastle Reef deposits, marking a 280% increase from its maiden resource. The company is advancing towards near-term production with a strategic partnership and ongoing scoping study.

Western Mines Group is set to restart exploration drilling at its Mulga Tank nickel project in Western Australia, leveraging recent capital raises and government grants to target high-grade nickel sulphide mineralisation and expand its resource base.

Tesoro Gold’s latest drilling results reveal significant extensions of high-grade gold mineralisation at the Ternera deposit in Chile, promising a larger resource base ahead of an updated estimate.

Barton Gold Holdings has updated its Challenger Gold Project resources near the Central Gawler Mill to 223,000 ounces of gold, setting the stage for a potential low-cost production start by late 2026. The company’s total gold resources now stand at 1.9 million ounces, supported by extensive drilling and metallurgical testwork.

Horizon Gold Limited has reported a series of impressive high-grade gold intercepts from extensive drilling at its Gum Creek Gold Project, reinforcing the project's potential and advancing its feasibility study.

WA1 Resources has announced a substantial upgrade to its Luni niobium deposit with a significant Indicated Mineral Resource Estimate and successful ferroniobium production testwork, positioning the West Arunta Project as a key player in the critical minerals sector.

WA1 Resources has announced a significant update to its Luni niobium deposit, increasing total tonnage by 10% and adding a substantial Indicated resource component, reinforcing its status as a world-class discovery.

Adavale Resources has secured approval for a 10-hole drilling program at its London Victoria Mine, aiming to expand its gold resource and explore high-grade vein structures. This marks the first systematic drilling at the site in over three decades.

Black Canyon Limited’s Phase 2 drilling at the Wandanya Project confirms extensive high-grade manganese and iron mineralisation, revealing significant scale and promising exploration upside.

Antipa Minerals reports significant new high-grade gold-copper mineralisation at its Minyari Gold-Copper Project in Western Australia, with early assay results confirming resource growth and new discoveries.