Latest Resource Estimation News

Mount Ridley Mines has locked in nearly $1.8 million through a fully underwritten exercise of expiring unlisted options, ensuring financial backing for its Mount Ridley Project exploration and metallurgical programs.

Golden Horse Minerals has unveiled compelling 2025 drilling results at its Hopes Hill project, confirming a large-scale gold mineralised system with multiple high-grade intercepts over a 2.5km strike length. The company plans to resume drilling in early 2026 to further delineate this promising resource.

Savannah Goldfields has confirmed significant gold mineralisation at its Red Dam Prospect with new diamond drilling results, highlighting a standout intercept of 2.6m at 34.80 g/t Au. This exploration update reinforces the potential of the Georgetown Gold Project as metallurgical testwork and further drilling are set to follow.

Lodestar Minerals has defined its first Exploration Target at the Neds Creek Gold Project in Western Australia, estimating up to 300,000 ounces of gold within an open-pit framework. The company plans a significant drilling campaign in early 2026 to validate and potentially upgrade this target to a JORC-compliant Mineral Resource.

VBX Limited has reported promising assay results from 65 drill holes at the Wuudagu D plateau, revealing a thicker and higher-grade bauxite profile than previously recorded. This discovery lies outside the current resource estimate, signaling potential for significant resource expansion.

Taruga Minerals has confirmed significant gold and copper mineralisation at its Gwamogwamo prospect in Papua New Guinea, underpinning its 2026 exploration plans. The results validate historical data and set the stage for targeted drilling campaigns.

Estrella Resources has reported further high-grade manganese intersections at its Ira Miri Prospect, alongside completion of extensive drilling at the Werumata Limestone Project in Timor-Leste, highlighting promising resource potential.

Stellar Resources has reported a significant 51m wide tin mineralisation zone at its Severn deposit, reinforcing the potential to upgrade and expand its Heemskirk Tin Project resource. Ongoing drilling and rising tin prices underpin the company’s advancing prefeasibility study.

Rincon Resources has partnered with Greatland Resources in a multi-stage farm-in joint venture on the Telfer South tenements, unlocking a pathway for Greatland to earn up to 75% interest while Rincon retains key assets and focuses on advancing its Hasties deposits.

Rincon Resources has entered a multi-stage farm-in joint venture with Greatland Resources on its Telfer South tenements, leveraging Greatland’s local expertise and infrastructure to accelerate exploration and development in the Paterson Province.

Verity Resources has reported robust initial results from its Phase 2 drilling at the Korong deposit, reinforcing confidence in its 154,000-ounce inferred gold resource and setting the stage for an upgrade to higher confidence categories.

St George Mining reports its thickest and highest-grade rare earth and niobium intercept to date at the Araxá Project, signaling a potential major resource expansion in Brazil.