Latest Mineral Resource Estimates News

Alligator Energy has sold its Northern Territory uranium assets to DevEx Resources for $7.5 million, streamlining its portfolio to concentrate on South Australian projects like Samphire. This move injects liquidity and reduces ongoing costs, positioning the company for accelerated development.

Nordic Resources has reported significant new drill results at its Kopsa gold-copper deposit in Finland, revealing wide zones of mineralisation well beyond the current resource boundary. These findings suggest promising potential for resource growth with further drilling underway.

Tungsten Mining has announced a significant new Exploration Target at its Mulgine Trench deposit, highlighting the project’s expanding scale and potential in the critical minerals sector.

Dateline Resources reports strong progress on its Colosseum Gold-Rare Earth Project in California, buoyed by soaring gold prices and growing US investor interest. The company is advancing its feasibility study with construction planned post-completion.

Variscan Mines Limited is advancing its high-grade zinc projects in Spain with a near-term production target and strategic expansion into Ireland, supported by strong drilling results and favorable market conditions.

Haranga Resources has commenced underground diamond drilling at its Lincoln Gold Project in California, aiming to convert a historical resource to JORC compliance and explore new high-grade gold zones.

Galileo Mining secures a $1 million payment as its lithium joint venture with Mineral Resources enters a two-year earn-in suspension, reshaping the Norseman project's exploration timeline.

Everest Metals Corporation has reported impressive rubidium assay results up to 0.79% Rb₂O from its Phase 2 drilling at the Mt Edon Critical Mineral Project, reinforcing the potential for resource expansion ahead of a planned upgrade in early 2026.

Kingsgate Consolidated Limited reported record quarterly gold and silver production at its Chatree Gold Mine, alongside strong cash growth and strategic project advances in its November 2025 AGM update.

Terrain Minerals has kicked off a significant 6,800-metre drilling program at its Lightning and Wildflower prospects in Western Australia, aiming to define a maiden gold resource by mid-2026. Assay results are expected to start flowing in February, setting the stage for a pivotal year in the company’s exploration journey.

Resouro Strategic Metals has finalized a key process flowsheet for its Tiros Project in Brazil, paving the way for a Preliminary Economic Assessment focused on high-grade titanium and rare earth recovery. This milestone brings the project closer to defining costs and production parameters.

Global Lithium Resources has lodged a prospectus for MB Gold's IPO, aiming to raise $6 million by spinning out its Marble Bar gold assets. This strategic move sharpens Global Lithium’s focus on its lithium projects while unlocking value from its gold holdings.