Latest Resource Estimation News

Terra Metals has exercised its option to acquire HRM Exploration, significantly expanding its Dante Project tenure in Western Australia’s West Musgrave region. The all-scrip deal positions Terra to accelerate exploration in a mineral-rich province analogous to South Africa’s Bushveld.

Great Boulder Resources reports outstanding gold recoveries of up to 96% at Mulga Bill with significantly reduced cyanide levels, promising lower processing costs and capital expenditure. The Ironbark scoping study is progressing well, with further drilling underway to expand resources.

Medallion Metals has reported significant extensional drilling results at its Gem deposit, pushing high-grade gold-copper-silver mineralisation up to 80 metres beyond current resource boundaries and reinforcing plans for near-term sulphide development.

Bastion Minerals has made significant strides in its Canadian copper exploration portfolio, progressing towards a maiden JORC Mineral Resource Estimate for the ICE Copper Project while completing a modest capital raise and refreshing its board.

Lunnon Metals has announced its inaugural Mineral Resource Estimate for the Lady Herial gold deposit, marking a rapid progression from discovery to resource in just 15 months. The shallow, high-grade deposit is poised for fast-tracked development amid strong gold prices.

Equinox Resources has reported strong assay results from 92 new drill holes at its Mata da Corda project in Brazil, confirming a broad, high-grade titanium corridor near surface. The ongoing drilling campaign continues to reveal promising mineralisation within a valuable heavy mineral assemblage.

Terrain Minerals is set to begin a 3,350-meter RC drilling campaign targeting expansion of high-grade gold and silver mineralisation at its Lightning and Monza prospects in Western Australia, supported by a $1.8 million rights issue.

African Gold Limited has confirmed the Pranoi Prospect as a third significant gold discovery at its Didievi Gold Project in Côte d’Ivoire, revealing continuous high-grade mineralisation over 600 metres of strike. These promising results enhance the project’s regional potential alongside existing resources.

Alligator Energy has announced a significant upgrade to its Blackbush Deposit uranium resource, increasing the Indicated Mineral Resource by 10% following a successful 2024 drilling campaign. This enhancement strengthens the Samphire Project’s feasibility outlook and supports plans for higher production rates.

Pacgold Limited has announced a maiden mineral resource estimate of 474,000 ounces of gold at its Alice River project in Northern Queensland, alongside an aggressive 2025 exploration program targeting significant resource growth.

Pacgold Limited has announced a maiden JORC-compliant Mineral Resource Estimate of 854,000 ounces of gold at its Alice River Gold Project in North Queensland, underpinning an aggressive 10,000m drilling campaign to expand and upgrade the resource.

Western Yilgarn Limited has secured a significant new gold exploration area near the Glenburgh Gold Project in Western Australia, positioning itself alongside established players like Benz Mining Corp. The company is set to begin detailed geological and geophysical assessments to unlock the region’s potential.