Latest Resource Estimation News

Resouro Strategic Metals has appointed Simon Stilwell as Independent Non-Executive Chairman, with Christopher Eager stepping into the CEO role, marking a significant leadership reshuffle as the company advances its rare earths and titanium projects in Brazil.

Caspin Resources has successfully completed a $6 million placement and exercised options, bolstering its position in promising Australian mineral projects focused on tin and gold.

Tesoro Gold Limited has expanded the El Zorro Gold Project’s known gold corridor by 10 kilometres following a high-resolution helicopter survey and soil sampling, revealing multiple new drill targets across a 40km structural corridor in Chile.

Galileo Mining has reported encouraging drill assay results from its Norseman project, revealing consistent palladium-platinum-copper-nickel sulphide zones at the Mission Sill prospect and completing deep diamond drilling beneath the Callisto deposit.

Advance Metals reports outstanding silver-gold assay results from final drill holes at its Yoquivo Project, reinforcing expectations for a maiden JORC Mineral Resource Estimate. The high-grade, vertically extensive mineralisation highlights significant growth potential in the Pertenencia area.

PC Gold has reported multiple thick, high-grade gold intercepts from drill hole MS-011, extending the Main Zone strike at its Spring Hill Gold Project by 120 metres to the south. This discovery opens up significant potential to increase resource size and improve project economics within the existing pit shell.

Iron Bear Resources has received crucial exploration approvals from Newfoundland authorities, paving the way for a major drilling program aimed at expanding its vast iron ore resource in partnership with Vale S.A.

Western Gold Resources has formalised critical road access agreements enabling ore haulage from its Gold Duke Project to nearby processing facilities, marking a significant step forward in project development.

Lachlan Star Limited has provided important clarifications on visible gold imagery from its New Waverley project, confirming high-grade assay results while cautioning on the qualitative nature of visual gold observations.

CuFe Ltd has significantly upgraded the Orlando Copper-Gold Deposit resource classification at Tennant Creek, boosting Indicated tonnes to 87% and enabling underground mining studies. This milestone enhances the project’s economic outlook with critical minerals now factored into upcoming development plans.

Ballymore Resources has traced a large-scale gold system over a 5km corridor at its Dittmer Gold Project, highlighted by high-grade visible gold near Mount Quandong. Underground development is advancing to support upcoming drilling aimed at expanding the resource.

Viridis Mining and Minerals has raised AU$25 million through a heavily oversubscribed placement, bolstering its cash position to approximately AU$76 million as it advances the Colossus Rare Earth Project towards a Final Investment Decision in Q3 2026.