Latest Resource Estimation News

VBX Limited has announced significant enhancements to its Wuudagu Bauxite Project, increasing mining rates and securing $2 million in funding to support an expanded feasibility study.

EV Resources has completed extensive groundwork at its Los Lirios Antimony Project in Mexico and secured a processing plant, positioning itself for a transformative 2026 with maiden drilling and production plans underway.

Savannah Goldfields has reported promising high-grade gold intercepts from recent drilling at its Electric Light prospect, part of the Georgetown Gold Project in Queensland. The company plans to update its mineral resource estimate and explore mining options.

Odyssey Gold Limited has successfully raised approximately $9 million through a placement to fund accelerated development at its Tuckanarra Gold Project in Western Australia.

Toubani Resources has launched its largest-ever drilling program at the Kobada Gold Project in Mali, aiming to significantly grow its resource base with up to 100,000 metres of drilling in 2026. Recent high-grade drill results outside the current resource estimate bolster expectations for a substantial update.

Verity Resources has delivered strong drilling results at its Monument Gold Project, secured full ownership of Botswana copper-silver assets, and confirmed significant rare earth mineralisation in Brazil, setting the stage for a pivotal 2026.

Strata Minerals Limited’s inaugural drilling at the Zelica Gold Project confirms consistent, shallow, high-grade gold mineralisation over a 1km strike, with promising extensions open at depth and along strike. Follow-up drilling is set to further define this emerging gold corridor in Western Australia’s Laverton Province.

Horizon Gold Limited has reported a significant update to its Gum Creek Gold Project, boosting its mineral resource estimate by 8% and advancing its feasibility study on track for mid-2026 completion.

Image Resources NL reported a strong finish to 2025 with record heavy mineral concentrate production and sales, alongside promising developments in its gold exploration and synthetic rutile innovation.

Fulcrum Lithium has launched its largest drilling campaign yet at the Alkali Flats project in Nevada, aiming to expand and refine its lithium resource ahead of a maiden estimate.

Winsome Resources has agreed to be acquired by Li-FT Power Limited in a deal offering a substantial premium to shareholders, backed by strong lithium exploration results and strategic partnerships.

GreenTech Metals has fast-tracked its Phase 1 drilling at the Munni Munni PGE-Cu-Ni Project by deploying a second drill rig, aiming to upgrade and potentially expand its historic resource estimate to modern standards.