Latest Resource Estimation News

St George Mining has expanded its Araxá rare earths-niobium resource by 75% to 70.91Mt at 4.06% TREO, positioning the project among the world’s largest carbonatite deposits. The company also acquired land for processing facilities and forged new downstream partnerships, supported by Minas Gerais state tax incentives.

Resolution Minerals has successfully produced high-grade tungsten concentrates from historical stockpiles at its Golden Gate mine, achieving a 19-fold upgrade and strong recovery rates using simple gravity separation techniques.

Hammer Metals has kicked off a Reverse Circulation drilling campaign at its Mount Isa Kalman project, aiming to upgrade inferred copper-gold resources and expand near-surface mineralisation. The program supports an upcoming Scoping Study and reflects optimism due to recent strength in copper, molybdenum, and rhenium prices.

European Resources has more than doubled its Korsnäs rare earth resource following a successful drilling program and metallurgical advances, underpinning a $3.4 million capital raise to fund further development.

Lion Rock Minerals reported strong high-grade rutile and heavy mineral results at its Minta Project in Cameroon, expanding infill drilling and commissioning an in-country lab ahead of a maiden resource estimate targeted for H2 2026.

Rumble Resources has pushed deeper into its Western Queen Central deposit with a standout 9.45m intercept grading 11.16 g/t gold, reinforcing a string of high-grade hits that promise a significant resource upgrade.

Minerals 260 has locked in a $220 million funding deal with Franco-Nevada, combining royalty and equity financing to fast-track its 4.5Moz Bullabulling Gold Project. Strong drilling results and accelerated project work underpin a development timeline targeting first production by end 2028.

Greatland Resources delivered a record $260 million cash build in the March 2026 quarter, underpinned by 82,723 ounces of gold production at a $2,056/oz AISC and a 150% increase in Telfer's Mineral Resource Estimate to 8 million ounces gold.

29Metals has delivered strong final drill results from its 2025 program at Golden Grove, revealing high-grade copper and zinc intercepts that promise to boost mineral resources and mine flexibility. The company plans a significant exploration budget increase for 2026 to capitalize on this momentum.

Ballard Mining has unveiled new high-grade gold intercepts at its Ayla prospect and extended mineralisation at Golden Vale, suggesting the entire 13km Ballard Fault zone at Mt Ida may be mineralised. The company is accelerating drilling to support production growth beyond the 1.0 Moz Baldock deposit.

Mount Hope Mining’s March quarter update reveals strong high-grade gold assays, expanded mineralisation, and new tenement acquisitions in NSW’s Cobar Basin, setting the stage for Phase 3 drilling at Mt Solitary.

Capricorn Metals has delivered outstanding underground gold intercepts at its Lexington prospect, extending the Mt Gibson Gold Project's underground potential well beyond current resources. These results pave the way for a significant long-life mining operation with further drilling planned.