Latest Mineral Resource Estimate News

Terrain Minerals has reported robust high-grade gold intersections from its latest drilling at the Lightning prospect within the Smokebush Project, reinforcing the potential for a significant new gold system in Western Australia.

Venari Minerals has completed a $4.1 million placement, bolstering its efforts to advance key lithium and gold projects, including a maiden resource estimate at Red Mountain.

Encounter Resources has announced an initial inferred copper resource of 2.9 million tonnes at 0.8% copper at its Yeneena Project in Western Australia, highlighting the potential of the extensive Parbo copper system and setting the stage for further drilling in 2026.

Aldoro Resources has announced a significant 85% increase in the inferred mineral resource at its Kameelburg Rare Earth Element-Niobium project in Namibia, now totalling 520.61 million tonnes at 2.49% TREO equivalent. This positions Kameelburg as a globally strategic deposit with substantial high-grade zones and excellent infrastructure access.

Advance Metals Limited has reported significant upgrades to gold grades at its Happy Valley Prospect in Victoria, Australia, following a re-assay program using the more precise screen fire method. Ongoing drilling aims to extend mineralisation deeper and along a broader regional trend.

Paterson Resources has announced a $2 million capital raising via a placement and a non-renounceable entitlement offer, aimed at advancing its Grace Project in Western Australia. The offer includes new shares priced at $0.018 each and free attaching options, with proceeds earmarked for drilling, studies, and working capital.

Resolution Minerals has secured US Forest Service approval to extend and expand its drilling program at the Horse Heaven project in Idaho, doubling planned holes and increasing land holdings by 600 acres.

American Uranium has received regulatory approval to commence a significant drilling campaign at its Lo Herma uranium project in Wyoming, aiming to boost its resource base amid a growing US nuclear revival.

Odyssey Gold has reported promising drilling results from 11 new holes at its Tuckanarra Gold Project, revealing a previously unidentified mineralised hanging wall vein structure and confirming continuity across key zones. These findings suggest significant potential to expand the existing resource and optimize shallow mining operations.

Verity Resources reports robust Phase 1 drilling results at its Monument Gold Project, validating historical data and supporting a resource upgrade. Phase 2 drilling is underway to expand high-grade zones along a largely untested 20km trend.

Western Yilgarn Limited has announced the discovery of significant surface cobalt-copper-nickel-lead-manganese mineralisation at its Ida Holmes Junction Project in Western Australia, with rock chip samples returning high-grade cobalt assays up to 1.68%.

Western Gold Resources Limited has released an updated Scoping Study for its Gold Duke Project, revealing a 47% increase in estimated cash surplus to A$56.1 million at a conservative gold price. The study outlines a 14-month mine life with enhanced production targets and secured processing agreements, positioning the project for near-term development.