Latest Resource Modelling News

Rumble Resources has boosted its Western Queen gold mineral resource to 433,600 ounces, including a 54% jump in Indicated Resources and a fresh high-grade zone of 52,500 ounces at 11.3 g/t gold. The upgrade follows extensive drilling and will feed into a September Bankable Feasibility Study, keeping production on track for 2027.

Mount Ridley Mines has confirmed that high-grade scandium mineralisation at its Grass Patch Complex extends beyond the current Block 1 resource in all directions, based on re-assays of 481 historical drill samples. This expansion supports a resource upgrade and highlights the project's strategic importance amid tightening global scandium supply.

Odyssey Gold’s latest drilling at the Bollard deposit within the Tuckanarra Project has delivered high-grade gold results that confirm the presence of multiple plunging shoots beneath the historical pit, hinting at significant resource expansion potential.

Osmond Resources has expanded the high-grade heavy mineral zone at its Orión EU Critical Minerals Project in Spain, with drill hole SOR-08 intersecting key quartzite layers 1.25km from prior discoveries. This development supports the maiden Mineral Resource Estimate and keeps the company on track for a Q3 2026 Scoping Study.

Ballard Mining’s latest drilling at the Baldock deposit pushes high-grade gold mineralisation well beyond its current resource, hinting at a major resource uplift at Mt Ida.

Power Minerals is advancing its Morro do Ferro Rare Earth Project in Brazil with a mineralogical program focused on high-value magnet rare earth elements, aiming to improve project economics and streamline development.

Power Minerals has landed a A$1.7 million investment from a prominent international resources fund, reinforcing its financial firepower to push ahead with diamond drilling and metallurgy work at the Morro do Ferro Rare Earths Project in Brazil.

Asara Resources has delivered strong assay results from its ongoing drilling at the Massan deposit, underpinning plans to upgrade and expand its gold resource at the Kada Project in Guinea.

Golden Horse Minerals has hit its deepest gold mineralisation to date at Hopes Hill, with drilling revealing a thickening lode system over 378 metres downhole. Alongside strong near-surface intercepts, the company is advancing a major 2026 drilling campaign targeting a maiden resource estimate.

Many Peaks Minerals has reported robust diamond core assay results that extend the Ouarigue mineralised corridor at its Ferké Gold Project in Côte d’Ivoire, alongside ongoing reverse circulation drilling aimed at resource expansion.

Lodestar Minerals’ recent 12,344m drilling campaign at Ned’s Creek confirms high-grade gold continuity and reveals new mineralisation zones beyond the December 2025 Exploration Target, setting the stage for a maiden resource in 2026.

Patagonia Lithium’s Well 7 at Formentera delivered a lithium assay of 270ppm at 282m, close to the project average, alongside encouraging porosity and specific yield results that underpin production potential. Drilling will now shift to the Cilon concession, targeting a high-grade lithium zone.