Latest Resource Estimation News

Aurum Resources has announced a significant 50% increase in gold resources at its Boundiali project in Côte d’Ivoire, alongside ongoing aggressive drilling and a strong financial position following a $35.6 million strategic placement.

Emerald Resources NL reports steady gold output at its Okvau Gold Mine alongside significant resource upgrades at its Dingo Range and Memot projects, underpinning a robust growth trajectory.

Pacgold has secured the White Dam Gold Operation, unlocking a pathway to near-term production and cash flow, while advancing exploration at Alice River and St George projects backed by a $13 million capital raise.

Unico Silver has reported a transformative September quarter, highlighted by a 73% increase in its Cerro Leon Mineral Resource Estimate to 162 million ounces silver equivalent and the restart of a fully funded 30,000-metre drill campaign at Joaquin, backed by a $25 million equity placement.

Heavy Rare Earths Limited has completed acquisition of full mineral rights at its Prospect Hill Tin Project, setting the stage for a maiden resource estimate at the promising South Ridge prospect. Concurrently, the company advances uranium exploration across South Australia while strengthening its board.

Kingston Resources Limited reported a robust cash position of A$31 million at the end of September 2025, supported by significant investing inflows and prudent financing activity.

Codrus Minerals has completed its inaugural drilling campaign at the Bull Run Gold Project with promising assay results, while advancing uranium exploration in Canada and managing a cautious cash position.

Star Minerals has submitted key mining and environmental permits for its Tumblegum South Gold Project, backed by exceptional shallow gold drilling results and a $1.5 million capital raise. The company targets mining commencement in early 2026 amid robust project economics.

Parabellum Resources has received official approvals to start drilling at its Miandetta target within the Redlands Project, aiming to confirm and extend nickel-cobalt mineralisation. The program is slated for completion by December 2025, with results expected early next year.

St George Mining showcased its Araxá rare earths and niobium project at EXPOSIBRAM 2025 in Brazil, highlighting strategic alliances with US processors and ongoing development progress. The company is positioning Araxá as a key non-China supply source amid shifting global rare earths dynamics.

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer to advance its Costa Fuego copper-gold project in Chile, initiating a critical second phase of diamond drilling at the La Verde discovery.

WA1 Resources has reported a significant milestone in its Luni Niobium Project with successful proof-of-concept niobium oxide refining testwork yielding a premium 96.8% Nb2O5 sample. The company also secured $100 million in a recent placement, bolstering its cash reserves to approximately $155 million.