Latest Resource Estimation News

Axel REE Limited has announced a substantial upgrade to its Caladão Rare Earth Elements and Gallium resource in Brazil, expanding the project’s scale and advancing plans for low-cost in situ leach extraction.

Emmerson Resources and Pan African Resources have approved a $6.9 million exploration budget for the Tennant Creek Joint Venture in Q1 2026, marking the largest quarterly spend in over two decades. The program targets high-grade gold deposits with extensive drilling and geophysical surveys.

Ariana Resources has reported encouraging initial assay results from its 2025 drilling campaign at the Dokwe Gold Project in Zimbabwe, revealing significant extensions beyond the current resource envelope. The company plans further drilling in early 2026 to explore these promising zones and support feasibility studies.

Lefroy Exploration has made a strong start at its Lucky Strike Gold Mine near Kalgoorlie, with pre-strip mining well underway and first ore haulage scheduled for early 2026. The company is fully funded and poised to begin toll milling in February, marking a significant step toward production.

Aldoro Resources has responded to ASX queries clarifying the basis for converting performance rights linked to mineral resource milestones, confirming independent verification and board ratification. The company commits to enhanced disclosure practices going forward.

Lithium Energy has completed Phase 1 drilling at its high-grade Burke and Mt Dromedary graphite deposits in Queensland, with Phase 2 drilling set to begin in January 2026. The company is also exploring a vertically integrated battery anode material business to capitalize on shifting global supply dynamics.

African Gold Limited has reported significant step-out drilling results at its Blaffo Guetto deposit in Côte d’Ivoire, extending gold mineralisation beyond previous estimates and reinforcing the project’s scale and potential under new Montage Gold ownership.

Redcastle Resources has reported further high-grade and broad gold intercepts from its ongoing drilling at Redcastle Reef, reinforcing confidence in the deposit's geological continuity and supporting near-term mine planning.

Western Mines Group reports significant nickel sulphide mineralisation from deep diamond drilling at its Mulga Tank project, reinforcing its vision of a large-scale hybrid nickel system. Drilling will resume in January 2026 to extend these promising results.

Mithril Silver and Gold accelerates exploration at its Copalquin gold-silver project with a third drill rig mobilized and a 25,000-metre drilling program planned for 2026, targeting multiple high-grade zones.

DeSoto Resources reports promising initial gold assay results from its maiden drilling program at Dadjan and Tolé in Guinea, highlighting the potential for a large gold system within its extensive landholding.

Aureka Limited has identified visible gold near surface in a new mineralised structure at its St Arnaud Comstock Project, expanding the known resource and enhancing production prospects.