Latest Resource Estimation News

Lunnon Metals reports significant high-grade gold assay results from the Lady Herial deposit, confirming promising mineralisation below and within the planned open pit. The company advances towards regulatory approvals and a final investment decision.

Neometals has signed a non-binding Letter of Intent with BML Ventures to jointly develop the Ironclad Gold Deposit, aiming for early production through a funded open-cut mining operation with profit sharing.

Tribune Resources has replaced its initial FY2026 Q1 EKJV exploration report with a more detailed version, revealing promising high-grade gold assay results and enhanced compliance disclosures.

St Barbara Limited’s latest Feasibility Study confirms the Simberi Expansion Project as a long-life, low-cost gold and silver operation with robust economics and a 13-year mine life. The project promises over 2 million ounces of gold production and competitive costs, pending key regulatory approvals.

Greenwing Resources has amended its San Jorge Lithium Brine Project payment schedule, deferring two instalments to 2027 with added fees and options, while appointing Peter Wright as Managing Director with a new incentive package.

Solara Minerals has initiated a 2,800m drilling campaign at its Degrussa West Project, targeting promising gold-copper zones near the renowned Degrussa Mine, supported by recent government funding.

Venari Minerals has taken a strategic step to de-risk its Red Mountain Lithium Project by securing private water rights and land in Nevada, a critical resource in the arid region. This move, alongside ongoing metallurgical testwork and an upcoming resource estimate, positions the project for advancement.

Torque Metals has raised $15 million in a placement led by top-tier global investors, setting the stage for an aggressive drilling campaign at its Paris Gold Project in Western Australia.

Alma Metals has completed its 2025 drilling program at the Briggs Copper Project, confirming strong visual copper mineralisation consistent with its geological model and setting the stage for a prefeasibility study. Assay results are expected early 2026, with further drilling planned to refine the resource.

Tolu Minerals Limited has revealed significant progress at its Tolukuma Gold Mine in Papua New Guinea, targeting resource expansion and first production by mid-2026. The company’s extensive drilling campaign and new infrastructure promise to reshape its growth trajectory.

Terrain Minerals has completed a $1.42 million placement in December, topping up an earlier October raise to fully fund its upcoming drilling campaigns and maiden JORC resource estimate.

Power Minerals has completed a cutting-edge drone magnetic survey over its Santa Anna project in Brazil, revealing new exploration targets and setting the stage for a significant drilling campaign aimed at defining a maiden resource.