Latest Resource Estimation News

Antilles Gold progresses its Cuban joint venture projects, unveiling updated resource estimates and feasibility studies for Nueva Sabana, while expanding La Demajagua’s scope and pursuing financing options.

Atlantic Lithium has secured all essential permits for its flagship Ewoyaa Lithium Project in Ghana and updated its feldspar resource estimate, while navigating funding challenges and awaiting parliamentary ratification of its mining lease.

Kaili Resources reported encouraging assay results from its South Australian rare earth projects, setting the stage for expanded drilling programs, while exiting its Western Australian Holey Dam project due to insufficient mineralisation.

High-Tech Metals Limited has executed a binding agreement to acquire key gold assets in Western Australia’s Northern Goldfields, underpinning a major 15,000-metre drilling campaign and a $3.5 million capital raise to accelerate exploration and development.

Lunnon Metals Limited has showcased significant progress in its gold and nickel exploration projects, highlighting strong drilling results and development plans for the Lady Herial gold deposit and Baker-Foster nickel resources.

Variscan Mines Limited reported standout high-grade zinc and lead drill results from its Novales-Udias Project in northern Spain, alongside strong governmental support that bolsters its mine restart ambitions.

St George Mining has completed its acquisition of the Araxá niobium-rare earth project in Brazil, announcing a maiden JORC-compliant resource and securing a strategic EPC+F partnership to fast-track development.

Viridis Mining and Minerals has announced a landmark 140% increase in its Colossus Project's rare earth resource, now the largest and highest-grade ionic adsorption clay deposit worldwide. A recent Scoping Study confirms the project's exceptional economics and low-cost profile, positioning it as a global leader in rare earth production.

Kingsgate Consolidated Ltd delivered a robust March 2025 quarter with a 15% rise in gold production and a 13% reduction in all-in sustaining costs, achieving record margins amid operational and exploration advances.

Verity Resources reports significant progress at its Monument Gold Project in Western Australia, confirming a 1.1km gold mineralised strike at Fred’s Well and initiating steps to upgrade its resource base. The company also raised $308k via placement and launched a $1.1 million renounceable rights issue to fund further exploration.

Athena Resources has kicked off a new drilling program at its Byro South Prospect and progressed metallurgical testing, alongside a successful $2.67 million capital raise and a key leadership appointment.

Redcastle Resources advances its Eastern Goldfields exploration with significant high-grade gold intercepts across three key prospects, setting the stage for upcoming resource estimates and development studies.