Latest Resource Estimation News

Raptor Metals has expanded its footprint in New Brunswick’s prolific Bathurst Mining Camp with the acquisition of key mining claims, adding the Coyote and Foghorn projects to its portfolio. The deal brings historical high-grade copper, silver, gold, zinc, and lead prospects under one roof, setting the stage for imminent drilling results and exploration.

Moonlight Resources has reported strong Phase 2 drilling results at its Leo Grande Prospect, confirming extensive near-surface gold mineralisation and advancing towards a maiden resource estimate.

GreenTech Metals has confirmed thicker, high-grade PGE-Cu-Ni mineralisation at its Munni Munni Project through Phase 1 drilling and historic core resampling, setting the stage for a JORC 2012 resource update.

Patagonia Lithium has cleared key environmental hurdles for its Formentera and Cilon mines in Argentina, advancing permits for a 1,000 tonne demonstration plant while drilling hits 150m depth at Well 7.

Waratah Minerals has secured a A$48 million institutional placement to fund an accelerated drilling campaign at its Spur Gold Project, aiming for a maiden resource estimate in early 2027.

Unico Silver’s latest drilling at the Joaquin Project delivers record silver equivalent grades at Breccia Puntudo and expands mineralisation at La Negra SE and La Morocha SE, underpinning resource growth ahead of the Pre-Feasibility Study.

Ariana Resources has sealed a $1 million metallurgical drilling contract with Hongkong Xinhai to push forward its Dokwe Gold Project feasibility study in Zimbabwe, alongside multiple technical programs including geotechnical drilling and water management studies.

D3 Energy has significantly boosted its helium resource estimates in South Africa's Free State with a newly certified 14 BCF helium contingent resource at ER386, lifting combined recoverable helium to 35.6 BCF across its key permits.

ADX Energy’s HOCH-1 exploration well in Upper Austria has encountered gas-filled sands consistent with pre-drill 3D seismic predictions, reinforcing the prospect’s resource potential ahead of upcoming wireline logging and production testing.

Odyssey Gold’s metallurgical testwork on weathered material from its Cable deposit starter pit has delivered a rapid 95.9% gold leach recovery, supporting early mining potential at the Tuckanarra Project in WA.

Desert Minerals has identified a significant north-northwesterly gold soil anomaly at its Mt Monger project, setting the stage for upcoming drilling to expand its existing JORC resource.

Medallion Metals has kicked off reverse circulation drilling at Lounge Lizard and Teddy Bear within its Forrestania Gold Project, validating high-grade historical results and targeting a maiden resource by Q3 2026.