Latest Resource Estimation News

West Coast Silver (ASX:WCE) has revealed substantial extensions to its Elizabeth Hill silver deposit, with diamond drilling intersecting wide, near-surface zones of silver mineralisation beyond the current resource estimate. These results underpin plans for a resource update and scoping study later this year.

White Cliff Minerals has extended its high-grade copper-silver mineralisation at the Danvers 3 system to over 280 metres vertical depth, underpinning a large and vertically continuous copper system at its Rae Copper Project.

Corazon Mining (ASX:CZN) has kicked off a 2,000m reverse circulation drilling program at its Wembley gold prospect within the Feather Cap Project, aiming to test the continuity of historically high-grade, shallow gold mineralisation and explore a broader structural corridor in Western Australia’s Bryah-Padbury Basin.

WIN Metals has validated exceptional metallurgical recoveries exceeding 95% at its Radio Gold Project, reinforcing its path toward a near-term development decision.

Stavely Minerals has released an updated 2026 Scoping Study for its Thursday's Gossan project in western Victoria, revealing a robust 60Mt copper-gold-silver resource and strong financial metrics including a pre-tax NPV7 of A$818 million and a 40% IRR.

Wia Gold has locked in A$125 million through a placement at A$0.425 per share, completing the funding package for its Kokoseb Gold Project in Namibia. This capital raise, alongside a proposed US$360 million debt facility, sets the stage for construction and first gold production targeted in late 2028.

InVert Graphite has delivered a maiden Mineral Resource Estimate of 32.2 million tonnes at 8.0% Total Graphitic Carbon for its Kumba Deposit in Tanzania, underpinning its Morogoro Project with a substantial near-surface graphite resource.

Moonlight Resources has completed its Phase 2 drilling at the Leo Grande Prospect, extending the gold mineralisation over more than 1km of strike and confirming broad, consistent gold intersections at its Clermont Gold Project in Queensland.

PTR Minerals has bolstered its leadership team by appointing mineral sands veteran Colin Bwye as Non-executive Director and elevating Rob Sennitt to Managing Director, aligning with its push to develop the high-grade Rosewood Titanium Project in South Australia.

Elixir Energy has secured $5 million through a discounted placement to support ongoing flow tests at Lorelle-3H, artificial lift trials at Diona-1, and initiate a strategic review of its Taroom Trough assets.

Prospect Resources reveals significant copper extensions at Nyungu Central, with wide intercepts outside current resource boundaries, while maiden drilling at Sharamba shows promising visual mineralisation.

Polymetals Resources continues to confirm broad zones of high-grade silver-lead-zinc mineralisation at the Endeavor Mine’s upper Main Lode, with drilling results supporting an initial Mineral Resource estimate targeted for late 2026.