Latest Mineral Resource Estimate News

VBX Limited reports consistent assay results from 129 infill drill holes at the Wuudagu B bauxite deposit, reinforcing its 2016 resource estimate and paving the way for inclusion in the upcoming definitive feasibility study. The deposit’s proximity to Guy Point offers potential cost savings in haul road construction.

Challenger Gold has secured a 24-month mining contract with MAPAL for its Hualilán Toll Milling phase, with mobilisation complete and production drilling underway. The project is on track to commence mining by December 1, aiming to generate early cash flow amid strong gold prices.

Revolver Resources has upgraded its Dianne Copper Deposit resource with a 140% increase in Indicated material and a 26% rise in copper grade, setting the stage for a targeted mining restart in 2026.

Horizon Gold Limited has reaffirmed the strength of its Gum Creek Gold Project, boasting a 2.3 million ounce resource and progressing steadily towards a feasibility study completion in early 2026. The project’s strategic location and existing infrastructure underpin a rapid restart potential.

Cannindah Resources has reported a standout drill intercept of 120m at 1.16% copper equivalent from near surface at its Mt Cannindah Project, confirming significant resource extensions and high-grade continuity.

Aureka Limited has reported exceptional high-grade gold assay results from its St Arnaud Comstock Project, including a record 0.3m intercept grading 109g/t gold, extending mineralisation beyond current resource boundaries.

Accelerate Resources has reported exceptional high-grade manganese results from newly acquired exploration licenses at its Woodie Woodie North Project, revealing new mineralised corridors and expanding its resource potential.

Emmerson Resources has updated the Mineral Resource Estimate for its White Devil gold deposit, reporting 616,200 ounces with a significant increase in Indicated resources. Feasibility studies are now underway, marking a key step towards development.

Saturn Metals has mobilised additional drilling rigs at its Apollo Hill Gold Project following promising assay results that extend the high-grade Iris Trend by 900 metres and highlight potential to grow the 2.24 million ounce resource.

QMines Limited has completed a major drilling campaign at its Sulphide City deposit, revealing multiple high-grade copper-zinc zones and setting the stage for an integrated Pre-Feasibility Study in 2026.

Strickland Metals reports strong diamond drilling results at its Shanac Deposit in Serbia, revealing extensive gold and base metals mineralisation and confirming potential for resource growth beyond 5.3Moz AuEq.

5E Advanced Materials has announced a significant upgrade to its Fort Cady Project’s mineral resources, increasing measured and indicated boric acid resources by 61% and lithium carbonate equivalent by 54%, reinforcing its position as a key domestic supplier of critical minerals.