Latest Resource Estimation News

Xstate Resources has successfully re-listed on the ASX and drilled the Diona-1 well in Queensland, revealing a significant overpressured gas column that could accelerate gas sales by mid-2026.

Mount Ridley Mines has announced a significant maiden inferred gallium resource of 838.7 million tonnes at its Mt Ridley Project, positioning it among the world’s largest known gallium deposits and reinforcing its multi-element critical minerals strategy.

Nimy Resources has completed a major drilling campaign confirming high-grade gallium mineralisation and made significant copper-nickel discoveries at its Mons Project in Western Australia, while forging strategic ties with US partners to advance its critical minerals ambitions.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading US-focused uranium developer with a diversified project portfolio. The announcement also highlights a maiden high-grade resource at Maybell and ongoing promising drilling at Pine Ridge.

Green Technology Metals advances its Ontario lithium projects with new mining leases, a significant rubidium discovery, and a $4.5 million capital raise to fuel development.

Greenwing Resources advances its polymetallic Que River project with a positive scoping study, while monetising assets in Madagascar and maintaining a strong lithium resource in Argentina.

High-Tech Metals has made significant strides in advancing its Mt Fisher and Mt Eureka gold projects, completing drilling and securing key approvals to fast-track production. Strategic joint ventures and a strengthened leadership team position the company for near-term growth.

Accent Resources NL continues its methodical progress on the Magnetite Range Project with ongoing pre-feasibility studies and regulatory groundwork, while awaiting key mining lease approvals for its Norseman Gold Project.

Hawthorn Resources has completed an 8000m drilling program at its Anglo Saxon gold project, with assay results due soon to inform a new pit optimisation study. Meanwhile, the company benefits from a 1% royalty on the Mt Bevan magnetite project as JV partners progress development plans.

Terrain Minerals reports strong high-grade gold and silver results at its Smokebush Lightning Prospect, progresses metallurgical studies at Larin’s Lane Gallium project, and launches a lithium soil sampling campaign at Carlindie.

Pivotal Metals has delineated multiple new undrilled conductors at its Belleterre copper-gold project in Quebec and secured $5.4 million in equity funding to accelerate exploration. The company also confirmed a robust 37Mt resource at Horden Lake, underpinning its growth strategy.

White Cliff Minerals has significantly expanded the known mineralisation at its Rae Copper-Silver Project in Canada, revealing new high-grade copper zones and extending the Danvers deposit strike by over 35%.