Latest Resource Estimation News

Solstice Minerals has initiated a significant Reverse Circulation drilling campaign targeting advanced gold prospects in Western Australia, aiming to expand on promising historical intercepts and recent exploration success.

Nimy Resources has reported highly favourable mineralogy results from its Block 3 gallium discovery in Western Australia, setting the stage for critical metallurgical testing and maiden resource definition amid tightening global gallium supply.

Legacy Minerals has reported compelling new assay results from historic diamond drilling at its Drake Project in NSW, confirming broad, high-grade gold and base metal mineralisation that supports resource growth and robust economics.

Warriedar Resources has announced a maiden antimony Mineral Resource Estimate at its Ricciardo deposit, establishing the largest open-pit antimony resource in Australia and doubling its gold equivalent resource.

Tempest Minerals Ltd has announced a maiden inferred resource estimate of 63.5 million tonnes at 30.6% iron for its Remorse Magnetite Iron Deposit, marking a pivotal step from exploration to development at the Yalgoo Project.

Black Canyon Limited has won a $122,500 co-funded grant from the WA Government to advance its Phase Two drilling at the promising Wandanya manganese and iron project, aiming to unlock further high-grade mineralisation along a 3km strike.

MetalsTech Limited has made significant progress on its Sturec Gold Mine project in Slovakia, advancing the Pre-Feasibility Study and raising A$3.3 million to fund development and strengthen its balance sheet.

Lithium Energy Limited has received over US$33 million from the partial sale of its Solaroz Lithium Brine Project and acquired a 100% stake in the Capricorn Gold-Copper Belt Project, positioning itself for a strategic turnaround amid ASX suspension.

Alvo Minerals has signed a non-binding LOI to acquire the Lavra Velha Gold-Copper Project with a 520koz gold resource, while progressing exploration at its Palma Copper-Zinc Project and launching a $4.4 million capital raise.

Paterson Resources reports strong metallurgical results from its Grace Gold-Copper Project, confirming high gold recoveries and free milling characteristics. The company is progressing a scoping study and preparing for a new drilling campaign and mining lease application.

Helix Resources has secured conditional agreements to acquire the White Hills copper-gold project and earn a 40% stake in the Gold Basin oxide gold project in Arizona, complementing its Australian assets and setting the stage for a capital raise and drilling campaign.

EMU NL’s latest quarterly report reveals promising copper exploration parallels with Canada’s largest open-pit mine, a renewed gold project strategy, and significant corporate restructuring amid shareholder disputes.