Latest Resource Estimation News

29Metals delivered a solid December 2024 quarter, meeting production and cost targets while strengthening its balance sheet through a $180 million equity raising and senior debt refinancing. The company is poised to extend its Golden Grove mine life with the Gossan Valley investment.

Australian Gold and Copper Ltd (AGC) has reported strong silver assay results from its Achilles deposit, extending the high-grade silver zone to more than 600 metres in strike length and open at depth. A major drilling campaign is set to further explore this promising discovery in the South Cobar Project, NSW.

Asara Resources has resumed exploration activities at its flagship Kada Gold Project in Guinea, appointing key technical consultants and preparing for a targeted drilling program to upgrade its mineral resource estimate.

Antipa Minerals Ltd reports multiple high-grade gold and copper intersections from its Minyari Dome Project, reinforcing the potential for significant resource expansion. The latest drilling results highlight near-surface mineralisation and set the stage for an advanced economic study.

Castle Minerals Limited reports robust gold intercepts from recent drilling at its Kandia Prospect in Ghana, confirming mineralisation continuity and depth extension with promising implications for resource growth.

Tungsten Mining NL has reported significant high-grade tungsten and copper mineralisation from its recent drilling campaign at the Hatches Creek Project, setting the stage for a maiden Mineral Resource estimate in the March quarter.

Peak Minerals has secured an 80% stake in key uranium and rutile projects in Cameroon and launched a significant drilling campaign at the Minta Rutile Project, marking a pivotal step in its exploration strategy.

Energy Metals Limited reports robust assay results from its Bigrlyi Joint Venture and strategic progress across its Northern Territory projects, supported by a solid cash position and a favorable uranium market outlook.

AuKing Mining Limited has advanced its strategic footprint with a 15% earn-in agreement at Queensland’s Cloncurry Gold Project and strengthened its board with seasoned mining experts, while navigating financial challenges and project delays.

Mount Burgess Mining's latest quarterly report reveals significant contributions from Gallium, Germanium, and Vanadium Pentoxide at the Nxuu Deposit, enhancing the project's polymetallic value beyond traditional base metals.

Orbminco Limited reports encouraging diamond drilling results at its Bronze Fox Copper-Gold Project in Mongolia, alongside progress on divesting its Mt Venn Project in Western Australia.

Sunrise Energy Metals reports significant progress on its Syerston Scandium Project and battery materials complex, while navigating evolving global supply dynamics and maintaining a strong safety record.