Latest Resource Estimation News

Lode Resources has announced a maiden Mineral Resource Estimate for its Webbs Consol project in New South Wales, revealing a high-grade silver equivalent resource of 32 million ounces. The estimate confirms the project's potential with strong grades and promising metallurgical recoveries.

Nimy Resources has wrapped up a major drilling campaign at its Block 3 Gallium Prospect in Western Australia, setting the stage for a maiden resource estimate by year-end. Early assays reveal promising high-grade gallium, fueling optimism amid growing global demand for this critical metal.

Pivotal Metals has successfully extended the shallow mineralisation strike at its Horden Lake project in Quebec by 500 metres, confirming continuity and higher-grade zones through its 2025 step-out drilling program. The results also validate electromagnetic surveys as a powerful exploration tool, revealing multiple undrilled targets.

ADX Energy has identified seven drill-ready shallow gas prospects in its Upper Austria licences, with a multi-well drilling program planned for late 2025. The company aims to leverage advanced seismic data and cluster development to optimise production and reduce costs.

Western Gold Resources has signed a binding toll milling agreement with Wiluna Mining Corporation, fast-tracking the Gold Duke Project towards near-term production amid record gold prices.

Anson Resources has completed integrated static and dynamic geological models for its Green River Lithium Project, revealing a large, interconnected lithium brine reservoir and setting the stage for expanded resource drilling.

Peak Minerals has confirmed a significant high-grade rare earth-rich monazite discovery at its Minta Est site in Cameroon, expanding the Minta Rutile Project's mineralised footprint to over 660 square kilometres.

Dalaroo Metals has launched its maiden exploration program at the Blue Lagoon project in Greenland, targeting zirconium, niobium, and rare earth elements. Led by seasoned geologist Ole Christiansen, the program aims to validate promising historical geochemical anomalies and assess low-cost mining potential.

Savannah Goldfields Limited is advancing its gold production restart at Georgetown with early ore transport underway, key management hires, and promising new exploration targets.

Caspin Resources has revealed significant extensions and new high-grade tin zones at its Bygoo Tin Project in NSW, highlighting the project's growing scale and potential.

Cosmo Metals has revealed significant new gold lode extensions at its Nundle Goldfield project in NSW, following interpretation of preliminary LiDAR survey data. The findings highlight underexplored potential in historic mining areas, setting the stage for targeted drilling.

Krakatoa Resources secures $1.3 million via placement to fund a maiden diamond drilling campaign at its Zopkhito Project in Georgia, aiming to upgrade foreign resource estimates to JORC standards.