Latest Resource Estimation News

Western Mines Group has successfully extended a high-grade nickel sulphide zone at its Mulga Tank project in Western Australia through diamond drilling, confirming a robust mineral system with promising parallels to the Perseverance deposit.

Horseshoe Metals reports encouraging RC drilling results at its Horseshoe Lights Copper-Gold Project, confirming wide zones of near-surface oxide copper mineralisation at Motters. The company is advancing towards Direct Shipping Ore operations and progressing offtake negotiations.

Marquee Resources has reported a maiden inferred mineral resource at its Mt Clement antimony project and completed a successful A$2.5 million capital raise to fund further exploration. The company’s strategic positioning in critical metals is gaining momentum amid rising antimony demand.

Tambourah Metals reports breakthrough high-grade gold discoveries at Beatty Park South and Tambourah King, alongside promising critical minerals assays at Speewah North, underpinning an aggressive exploration push in Western Australia.

Flynn Gold’s re-assay of historical drill core at its Firetower Project reveals significantly higher tungsten grades, prompting accelerated exploration and a maiden resource target for 2026.

Turaco Gold has updated its Afema Project Mineral Resource Estimate, increasing gold resources to over 4 million ounces with new deposits and ongoing drilling promising further growth.

Titan Minerals reports robust drilling results at its Dynasty Gold and Linderos Copper projects, alongside a $10 million strategic investment from Lingbao Gold International to accelerate development.

Future Metals NL appoints Keith Bowes as CEO and initiates a strategic review of its flagship Panton project, leveraging rising platinum group metal prices and exploration successes. The company also completes a A$4.2 million capital raise and plans to delist from AIM.

Norfolk Metals progresses its maiden drilling campaign at the Carmen Copper Project in Chile, completing 29 of 34 planned RC holes and identifying promising new targets in the Higueritas Belt. The company also initiates re-assay of historical drill core to validate high-grade copper and gold grades.

Cygnus Metals reports compelling drill results at its Chibougamau Copper-Gold Project, including a standout high-grade gold interval at Cedar Bay that extends mineralisation well beyond current resource boundaries.

Hillgrove Resources has reported a substantial increase in its 2025 Mineral Resource and Ore Reserve Estimates at the Kanmantoo Copper Mine, with a 43% rise in reserve tonnes and a 33% increase in contained copper metal, significantly extending the mine's operational life.

Medallion Metals has executed a binding agreement to acquire the Forrestania Nickel Operation from IGO, expanded its Ravensthorpe gold-copper resource to nearly 1 million ounces gold equivalent, and secured a $50 million prepayment facility with Trafigura to advance project development.