Latest Resource Estimation News

Cannindah Resources has reported impressive trenching results at its Mt Cannindah project, revealing high-grade copper-gold mineralisation and new porphyry targets. These findings set the stage for imminent drilling campaigns aimed at unlocking further value.

Alkane Resources reports a total of 1.97 million ounces of gold in Mineral Resources at its Swedish Björkdal operations, with underground mining ongoing and open pit mining paused until 2027. Exploration highlights suggest promising extensions near existing infrastructure.

Alkane Resources reports its inaugural JORC-compliant Mineral Resources and Ore Reserves for the Costerfield Property, highlighting a robust resource base and a mine life extended to 2030. The recent True Blue Deposit discovery further bolsters the project’s potential.

Venari Minerals reports a breakthrough in lithium upgrading at its Red Mountain Project, achieving up to a 132% increase in lithium concentration through innovative attrition scrubbing test-work. This advancement paves the way for a maiden Mineral Resource Estimate by year-end.

Santana Minerals reports robust assay results from its RAS North drilling program, confirming strong grade continuity and potential resource upgrades. Concurrently, the RINA drilling reveals a fertile, largely untested gold system along the Rise and Shine Shear Zone, hinting at significant regional expansion opportunities.

Kairos Minerals has raised approximately A$27 million through a premium share placement to fund drilling and development at its Mt York and Roe Hills gold projects in Western Australia, attracting robust demand from institutional investors.

American Uranium has mobilised a drill rig ahead of schedule at its Lo Herma ISR uranium project in Wyoming, aiming to grow and upgrade its existing 8.57 million pound uranium resource through a two-phase drilling campaign.

Siren Gold has kicked off a significant 6,000-metre diamond drilling program at its Sams Creek Gold Project in New Zealand, aiming to upgrade and expand its existing 824,000-ounce resource. This marks a critical phase ahead of key milestones including a mining permit decision and an updated scoping study.

St George Mining’s latest drilling results reveal a thick, high-grade rare earth and niobium mineralisation extending well beyond the existing resource at its Araxá project in Brazil, hinting at a major resource upgrade.

Haranga Resources has raised $14 million through an oversubscribed placement led by Collins St Gold Fund, aiming to fast-track exploration and development at its Lincoln and Ibel South gold projects.

DY6 Metals has launched a 91-hole auger drilling campaign at its Central Rutile Project in Cameroon, aiming to fast-track resource definition following promising surface rutile grades.

Carnaby Resources has landed a A$12.5 million investment from the Queensland government-backed QIC Critical Minerals and Battery Technology Fund, accelerating development of its Greater Duchess copper-gold project. The funding will underpin key feasibility studies and position the company for a final investment decision by late 2026.