Latest Resource Estimation News

Lunnon Metals reports promising high-grade gold surface samples at its Hustler and Koombana prospects, reinforcing the potential for new discoveries within the Kambalda Gold & Nickel Project. These results pave the way for follow-up drilling and resource expansion alongside the advancing Lady Herial deposit.

Solstice Minerals has reported compelling new gold intercepts from its Phase II drilling at the Bluetooth Gold Prospect, reinforcing the site's commercial potential and setting the stage for further exploration in Western Australia's Yarri Project.

Leeuwin Metals has launched a 3,000m Phase 2 drilling campaign at its Marda Gold Project, aiming to build on promising high-grade gold intercepts from Phase 1. Regional geophysics will also probe for further mineralisation extensions.

Raiden Resources is expanding its Phase 2 drilling at the Vuzel Gold Project in Bulgaria, doubling the planned meters after every hole has revealed near-surface gold mineralisation. This move aims to better define the system and push towards a maiden resource.

Alvo Minerals has updated its entitlement offer to include free attaching options, aiming to raise $1.56 million to fund exploration and working capital. The offer targets eligible shareholders with a $0.02 share price and options exercisable at $0.05 over three years.

Cannindah Resources has confirmed two untested porphyry copper-gold-molybdenum targets outside its existing 14.5Mt Mineral Resource at Mt Cannindah, revealing promising high-grade surface samples and setting the stage for deeper drilling.

Kingsgate Consolidated reports significant gold and silver intersections at its Chatree South-East Complex and Chang Puek Prospect in Thailand, nearing completion of its 2025 drilling program to support an inaugural resource estimate. Meanwhile, geochemical sampling at its Chilean Nueva Esperanza Project wraps up with results expected soon.

Coolabah Metals Limited is set to raise $15-20 million through a public offer to acquire Broken Hill Mines Pty Ltd, aiming to restart operations at the Rasp and Pinnacles Mines in NSW. The move marks a strategic shift towards production, subject to shareholder and ASX approvals.

Chilwa Minerals Limited has reported strong assay results from its Mpyupyu Dune deposit in Malawi, reinforcing the potential for a significant upgrade to its mineral resource estimates. Improved assay turnaround times are accelerating progress across multiple deposits.

Variscan Mines Limited continues to reveal promising high-grade zinc and lead mineralisation outside the existing resource boundaries at its Udías Mine in Spain, signalling significant growth potential for the Novales-Udías Project.

High-Tech Metals has completed its acquisition of the Mt Fisher and Mt Eureka Gold Projects, gaining a substantial 1,150km² landholding and a combined gold resource of 187,000 ounces. The company is set to launch an extensive drilling campaign and a joint venture to process historic gold stockpiles.

Ballard Mining Limited is set to raise $25-$30 million through an IPO to advance the Mt Ida Gold Project, boasting a 1.1 million ounce resource and significant exploration upside. The move follows a strategic demerger from Delta Lithium, positioning Ballard as a focused gold developer with an experienced leadership team.