Latest Resource Estimation News

Cannindah Resources has defined a significant near-surface copper-molybdenum exploration target at its Mt Cannindah Project, hinting at a potentially larger porphyry system beneath. Upcoming drilling aims to unlock this project's transformative potential.

Lefroy Exploration has advanced its Lucky Strike Gold Deposit through robust drilling results and a $1.25 million cash advance from partner BML Ventures, positioning the company for imminent mining and further exploration.

Tungsten Mining NL has identified new gold exploration targets at Mt Mulgine, complementing its significant tungsten resource and expanding the project's potential. These targets, alongside recent resource estimates, could reshape the development strategy for this Western Australian asset.

Encounter Resources has extended high-grade niobium and rare earth element mineralisation over 1km east of its initial Green deposit resource, confirming the scale of this critical minerals system in Western Australia.

Everest Metals Corporation has secured mining approvals for its Mt Dimer gold project and initiated resource upgrades at its Mt Edon critical minerals site, while expanding its Revere gold project through strategic acquisition and capital raising.

Finder Energy’s reprocessing of 2025 seismic data reveals substantial increases in reservoir volumes at its Krill and Squilla fields, setting the stage for updated resource estimates and potential new development hubs.

Antipa Minerals reports significant high-grade gold and copper discoveries at its Minyari Dome project, alongside a robust A$61.4 million cash position following a successful A$40 million equity raise.

Magnetic Resources NL reported a strong cash position after raising $35 million in equity during the September quarter, ending with nearly $38 million in cash reserves.

Theta Gold Mines has launched a significant capital raising initiative combining a $12 million placement, a $2 million share purchase plan, and a $32 million cornerstone investment, all accompanied by attaching options subject to shareholder approval.

Mantle Minerals has completed the sale of Mt Roe Mining Pty Ltd for AUD 13.5 million, retaining key projects and identifying 11 new exploration targets at Yule River. A ground gravity survey is planned to refine 2026 drilling efforts.

OZZ Resources advances exploration with fresh gold anomalies at Maguires Reward and pursues a joint venture to unlock project potential amid ongoing ASX suspension.

Cannindah Resources has secured $4.5 million through a fully underwritten entitlement offer to accelerate drilling at its Mt Cannindah copper-gold project, unveiling promising new high-grade porphyry targets that could reshape its resource profile.