Latest Resource Estimation News

Unico Silver delays its maiden Pre-Feasibility Study to January 2027, integrating updated drilling results and advanced metallurgical testing that could expand resource scale and improve production efficiency.

TG Metals Limited has delivered a maiden inferred lithium resource at its Burmeister deposit within the Lake Johnston Project, outlining a 6.7 million tonne resource grading 1.18% Li2O with significant exploration upside.

Andel Resources has exercised its option to enter a binding Right to Mine Agreement with Reach Resources, committing to fully fund mining and processing at the Murchison South Gold Project in Western Australia.

Yugo Metals continues to hit significant gold grades in its maiden drilling at the Erak Prospect, with mineralisation open in multiple directions and further drilling underway.

Astral Resources has formalised a Land Use Agreement with the Marlinyu Ghoorlie group covering key tenements at Mandilla and Spargoville, underpinning the path to mine development and heritage protection.

Nexus Minerals has reported standout gold assay results from its Wallbrook Gold Project, extending a shallow, high-grade mineralised structure at the Templar Prospect with grades up to 41.27g/t Au. These findings bolster the upcoming multi-prospect resource update due by September.

Adavale Resources has reported a standout 19m intercept at 4.0g/t Au well outside the current London-Victoria Mineral Resource Estimate, signalling potential for a significant resource upgrade due in Q3 2026.

Alice Queen Limited has bolstered its Horn Island gold project with an updated resource of 569,000 ounces and a robust Project Definition Study showing a pre-tax NPV of A$706 million. A 2026 drilling program is underway to test a large-scale Exploration Target of up to 2.3 million ounces.

Haranga Resources has secured 60 acres adjacent to its Lincoln Gold Project in California’s Mother Lode, enhancing exploration flexibility and infrastructure options for a high-grade gold resource with multi-million ounce potential.

Broken Hill Mines (ASX: BHM) has unveiled a significant new high-grade silver, lead, and zinc discovery at its Centenary Zone, expanding the resource with thick, high-grade intercepts that connect a 1,600m strike length and promise a resource upgrade later this year.

Midas Minerals has pushed the boundaries of its Spaatzu Prospect at Otavi, Namibia, with consistent high-grade copper and silver intercepts now confirmed along a 1.2km strike. The discovery enhances the project’s resource potential ahead of planned updates in early 2027.

Astral Resources has uncovered significant deep gold mineralisation beyond the current resource at its Mandilla Project, with broad high-grade zones in newly completed diamond drill holes. The expanded drilling program highlights Theia’s growth potential and sets the stage for upcoming feasibility and exploration activities.