Latest Resource Estimation News

American West Metals is set to launch a major drilling campaign at its West Desert Project in Utah, aiming to expand its world-class indium resource and explore high-grade gallium mineralisation. This initiative aligns closely with the US government's renewed focus on securing domestic critical metals supply chains.

IRIS Metals has signed a binding agreement to farm-in exclusively to the Finley Basin Tungsten Project in Montana, expanding its critical minerals portfolio and cancelling a planned capital raise. Exploration is set to begin in early 2026 with resource estimation targeted for 2027.

Solstice Minerals reports steady progress in expanding its Nanadie copper-gold resource and promising gold intercepts at Yarri, backed by a strong cash position to fuel 2026 exploration.

Mount Ridley Mines has locked in nearly $1.8 million through a fully underwritten exercise of expiring unlisted options, ensuring financial backing for its Mount Ridley Project exploration and metallurgical programs.

Golden Horse Minerals has unveiled compelling 2025 drilling results at its Hopes Hill project, confirming a large-scale gold mineralised system with multiple high-grade intercepts over a 2.5km strike length. The company plans to resume drilling in early 2026 to further delineate this promising resource.

Savannah Goldfields has confirmed significant gold mineralisation at its Red Dam Prospect with new diamond drilling results, highlighting a standout intercept of 2.6m at 34.80 g/t Au. This exploration update reinforces the potential of the Georgetown Gold Project as metallurgical testwork and further drilling are set to follow.

Lodestar Minerals has defined its first Exploration Target at the Neds Creek Gold Project in Western Australia, estimating up to 300,000 ounces of gold within an open-pit framework. The company plans a significant drilling campaign in early 2026 to validate and potentially upgrade this target to a JORC-compliant Mineral Resource.

VBX Limited has reported promising assay results from 65 drill holes at the Wuudagu D plateau, revealing a thicker and higher-grade bauxite profile than previously recorded. This discovery lies outside the current resource estimate, signaling potential for significant resource expansion.

Taruga Minerals has confirmed significant gold and copper mineralisation at its Gwamogwamo prospect in Papua New Guinea, underpinning its 2026 exploration plans. The results validate historical data and set the stage for targeted drilling campaigns.

Estrella Resources has reported further high-grade manganese intersections at its Ira Miri Prospect, alongside completion of extensive drilling at the Werumata Limestone Project in Timor-Leste, highlighting promising resource potential.

Stellar Resources has reported a significant 51m wide tin mineralisation zone at its Severn deposit, reinforcing the potential to upgrade and expand its Heemskirk Tin Project resource. Ongoing drilling and rising tin prices underpin the company’s advancing prefeasibility study.

Rincon Resources has partnered with Greatland Resources in a multi-stage farm-in joint venture on the Telfer South tenements, unlocking a pathway for Greatland to earn up to 75% interest while Rincon retains key assets and focuses on advancing its Hasties deposits.