Latest Resource Estimation News

Power Minerals has appointed Alistair Stephens, a seasoned rare earths executive, as CEO to spearhead development of its South American critical minerals projects. Stephens brings decades of leadership experience and a proven track record in scaling rare earth ventures.

Cannindah Resources has confirmed high-grade copper-gold mineralisation in the GAP zone of its Mt Cannindah project, delivering a standout 94m intercept at 1.11% copper equivalent. These results underpin expectations for a significant resource upgrade and set the stage for further exploration.

PC Gold Limited reports multiple thick, high-grade gold intercepts at its Spring Hill project, extending known mineralisation and advancing pre-feasibility studies ahead of a June resource update.

New Frontier Minerals has secured technical approval for its Mining Lease Application at the Big One Copper Deposit, setting the stage for potential near-term copper production amid a tightening global copper market.

Helix Resources has formalised a joint venture to earn up to 40% of the Gold Basin oxide gold project in Arizona, marking a significant expansion into a prolific US gold district. The agreement sets clear milestones for exploration and resource updates over the next two years.

Ausmon Resources has released amended drilling results from its Beelitz Prospect in South Australia, highlighting encouraging preliminary rare earth element concentrations and outlining plans for further exploration.

Classic Minerals has engaged AFDC to conduct a strategic review and is raising A$3 million to advance exploration at its Forrestania gold project and support its ASX relisting efforts.

Golden Horse Minerals has confirmed free-milling gold mineralisation at its Hopes Hill deposit through an independent petrographic study, supporting promising metallurgical recoveries. The company is advancing a substantial drilling campaign and preparing feasibility studies to optimise processing.

ABx Group has announced a breakthrough with its second mixed rare earth carbonate sample from Tasmania’s Deep Leads deposit, boasting higher heavy rare earth content and fewer impurities. This advancement enhances project flexibility and strengthens ABx’s position in the competitive rare earths market.

PTR Minerals reports promising initial metallurgical test outcomes and consistent high-grade drilling at its Rosewood Titanium Project, setting the stage for a maiden resource estimate in Q2 2026.

Estrella Resources has completed its 2025 drilling program at the Werumata Limestone Project in Timor-Leste, reporting broad, high-grade limestone and chalk intersections that pave the way for a maiden JORC resource estimate.

GoldArc Resources and BML Ventures have confirmed high-grade gold mineralisation continuity at Mt Stirling and Stirling Well through a recent diamond drilling campaign, advancing their mining implementation plans.