Latest Mineral Resource Estimates News

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

Savannah Goldfields reports promising assay results from its Georgetown Gold Project, highlighting a significant gold intercept at the Electric Light Prospect and completion of a key drilling program.

Prospech Limited has launched a 1,600-metre diamond drilling campaign at its Korsnäs rare earth element project in Finland, supported by promising passive seismic survey results that highlight potential new mineralised zones.

Superior Resources reports encouraging coarse-grind metallurgical test outcomes for its Steam Engine Gold Project, reinforcing previous studies and supporting ongoing development plans.

Terra Metals’ latest drilling results at the Dante Project’s Reef 2 reveal thick, continuous high-grade mineralisation from surface, reinforcing the potential for significant resource growth beyond the current 148 million tonne estimate.

Broken Hill Mines is ramping up mining and processing at its high-grade Blackwoods Main Lode ore body, unveiling exceptional drilling results that hint at substantial resource growth beyond current estimates.

Global Lithium Resources has released a Definitive Feasibility Study for its Manna Lithium Project, confirming robust financials and a long mine life in Western Australia. The study sets the stage for a Final Investment Decision in 2026 amid improving lithium market conditions.

VBX Limited has received all assay results from its 2025 infill drilling program at the Wuudagu B bauxite deposit, confirming consistency with previous resource estimates and setting the stage for updated resource modeling and potential inclusion in the definitive feasibility study.

Heavy Rare Earths Limited has confirmed significant polymetallic mineralisation at its Prospect Hill Project in South Australia, revealing high-grade silver, copper, zinc, and lead alongside tin. The company plans a maiden drilling program to upgrade South Ridge to a JORC-compliant Mineral Resource Estimate.

St George Mining’s Araxá Project in Brazil gains significant government and community support, highlighting its potential as a world-class rare earths and niobium resource with sustainable mining at its core.

Power Minerals Limited reports robust near-surface niobium and rare earth element assay results from its Santa Anna project in Brazil, setting the stage for a major 10,000m drilling campaign and a maiden resource estimate in early 2026.

Prospect Resources has revealed promising Phase 2 drilling results at its Mumbezhi Copper Project in Zambia, highlighting new high-grade copper mineralisation zones and setting the stage for updated resource estimates in early 2026.