Latest Mineral Resource Estimates News

Moab Minerals has upgraded its Manyoni uranium project resource estimate by 25%, enhancing its uranium inventory and advancing plans for low-cost mining. The company also expanded its portfolio with a new copper-gold acquisition in Zambia, signaling a strategic diversification.

West Coast Silver has reported spectacular high-grade silver intercepts at its Elizabeth Hill project in the Pilbara, triggering a fully funded Phase 2 drilling campaign. The company closed the quarter with a strong cash position following a $6.1 million placement.

Ardiden Limited has agreed to merge with Lac Gold Limited, acquiring the advanced Rouyn Gold Project and creating a well-funded dual-asset gold explorer with a combined resource of 1.66 million ounces. The deal, backed by strong shareholder support and a $10 million capital raise, positions Ardiden for growth in two Tier-1 Canadian jurisdictions.

Sarytogan Graphite Limited has secured major engineering contracts for its Definitive Feasibility Study, setting the stage for construction in 2027. The project’s strategic importance under the EU Critical Raw Materials Act highlights its role in the battery minerals supply chain.

Industrial Minerals Ltd has announced a maiden inferred mineral resource of 6.2 million tonnes at 98% silica for its Pippingarra Quarry Project in Western Australia, positioning the company to meet growing global demand for high purity quartz.

Siren Gold Limited has bolstered its leadership and financial position while delivering encouraging exploration results across its New Zealand gold and antimony projects, setting the stage for resource expansion and development progress.

Elevate Uranium has shipped its U-pgrade pilot plant to Namibia for commissioning and continues to expand uranium mineralisation at its Namib IV prospect. The company also moves to divest its Oobagooma project, sharpening its strategic focus.

Yandal Resources has confirmed a significant new gold discovery at its Arrakis prospect, supported by strong drilling results, and secured $13.5 million in fresh capital to fast-track exploration across key projects.

Benz Mining Corp. has completed the acquisition of the remaining 25% interest in its Quebec-based Eastmain Gold Project and Ruby Hill Properties, consolidating full ownership and enhancing its strategic gold portfolio.

Cauldron Energy has taken a significant step forward at its Yanrey Uranium Project by signing a non-binding MOU with Uzbekistan’s Navoiyuran, while preparing for a major drilling campaign amid a shifting regulatory landscape in Western Australia.

Southern Hemisphere Mining has commenced its maiden drilling program at the Southern Porphyry target and updated its Llahuin Copper-Gold-Molybdenum Project resource to 218 million tonnes at 0.38% copper equivalent.

Godolphin Resources has reported a substantial upgrade to its Lewis Ponds gold, silver, and base metals resource, alongside successful capital raising to fund ongoing development and exploration.