Latest Mineral Resource Estimate News

MRG Metals has achieved a pivotal milestone with the granting of the Corridor South 11137 Mining Licence in Mozambique, setting the stage for production within 12 to 18 months under its fully funded Corridor Sands Project.

Challenger Gold Limited advances its Hualilan Gold Project towards early production via a toll milling agreement starting in late 2025, underpinned by a robust 2.8 million ounce gold equivalent resource and strong project economics.

Sky Metals reports fresh high-grade tin intercepts from ongoing drilling at its Tallebung project, expanding the deposit and reinforcing its low-cost production potential.

Green Critical Minerals has released a robust Pre-Feasibility Study for the McIntosh Graphite Project, highlighting significant economic potential and a long mine life. Meanwhile, NH3 Clean Energy advances its flagship WAH2 ammonia project towards key development milestones.

Stellar Resources is expanding its drilling program at the Heemskirk Tin Project following strong high-grade tin results, aiming to significantly grow its mineral resource and advance project development.

Adavale Resources has launched its first-ever drilling campaign at the London Victoria Gold Mine, aiming to expand its existing gold resource and explore high-grade vein potential near the historic Koh-I-Nor mine.

Many Peaks Minerals Limited has retained its option to acquire 100% of the Baga Gold Project in Côte d’Ivoire, advancing exploration with amended payment terms that blend cash and shares.

Barton Gold Holdings has entered binding terms to acquire the Wudinna Gold Project in South Australia, adding 279,000 ounces of gold resources to its portfolio. The $15 million transaction, largely settled in shares and milestone payments, awaits Cobra Resources shareholder approval.

Magnetite Mines has increased its Razorback Iron Ore Project resource estimate and is advancing strategic partnerships, while early saline water testwork shows promise for green iron production.

Magnetite Mines Limited has updated its Razorback Iron Ore Project Mineral Resource Estimate, increasing tonnage by 600 million tonnes through a revised cut-off grade that aligns with Ore Reserves. This reinforces the project's strategic position in South Australia's Braemar iron province.

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their Central Sandstone tenements, aiming to create a major gold development project with a combined resource of approximately 2.4 million ounces. The proposed deal offers Aurumin shareholders a premium and could accelerate development and infrastructure plans in Western Australia’s Goldfields.

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their Central Sandstone tenements, aiming to create a major gold development project with a combined resource of approximately 2.4 million ounces. The proposed scrip deal offers Aurumin shareholders a premium, though completion remains uncertain pending due diligence.