Latest Resource Modelling News

Western Gold Resources reports promising early drilling results and a significant upgrade to its Gold Duke Project economics, supported by a $6.75 million capital raise to fund production.

American West Metals has launched a targeted field program at its West Desert Project in Utah, focusing on resampling historical drill core for indium and gallium ahead of a new drilling campaign. The project already hosts the largest indium resource in the US with significant expansion potential.

Lefroy Exploration has advanced its Lucky Strike Gold Deposit through robust drilling results and a $1.25 million cash advance from partner BML Ventures, positioning the company for imminent mining and further exploration.

Encounter Resources has extended high-grade niobium and rare earth element mineralisation over 1km east of its initial Green deposit resource, confirming the scale of this critical minerals system in Western Australia.

Golden Horse Minerals reports robust drilling results at Southern Cross Gold Project and completes strategic Sorrel Copper Project acquisition, backed by a $15 million capital raise.

Torque Metals reports robust step-out drilling results at its Paris Gold Project in Western Australia, revealing multiple high-grade gold lodes extending well beyond current resource boundaries. New conductor plates identified by electromagnetic surveys signal significant exploration upside.

Verity Resources reports strong Phase 1 infill drilling results at its Monument Gold Project, validating geological models and supporting a resource upgrade. Phase 2 drilling is underway to explore further expansion potential.

Catalyst Metals has unveiled significant high-grade gold intersections at its Cinnamon-Cobalt trend, doubling Cinnamon's strike length and revealing promising new targets outside the current resource envelope.

Meeka Metals delivered a strong September quarter with gold production exceeding feasibility study forecasts and costs coming in below plan, underpinning confidence in the Murchison Gold Project’s growth trajectory.

Ora Banda Mining Limited reports continued strong drill results expanding gold mineralisation at its Little Gem prospect and Riverina Gold Camp, with Phase 3 drilling extending mineralisation to 1,200 metres strike and 700 metres depth. A Phase 4 drill program is planned to support a Maiden Mineral Resource Estimate in 2026.

Aeris Resources reported steady Q1 FY26 production with 10.3kt copper equivalent at AISC of A$4.64/lb, alongside significant growth capital investment and promising exploration results.

Tesoro Gold reports significant high-grade gold intercepts from its ongoing drilling programs at the El Zorro Gold Project in Chile, reinforcing resource growth and project advancement.