Latest Mineral Resource Estimation News

Cygnus Metals reports standout drilling results at its Chibougamau project, highlighting the new Golden Eye prospect and Corner Bay deposit, supported by a strong A$18.3 million capital raise to accelerate development.

Godolphin Resources has identified significant new copper and polymetallic zinc exploration targets adjacent to its existing Lewis Ponds resource, setting the stage for a Mineral Resource Estimate update and drilling campaign in 2026.

Lithium Plus Minerals reports key regulatory and environmental milestones for its Lei Lithium Development Project, progressing towards a near-term direct shipped ore operation backed by a strategic partnership with Canmax Technologies.

American West Metals reports significant copper sulphide discoveries and thick mineralised intersections at its Storm Copper Project in Nunavut, Canada, highlighting strong potential for resource expansion.

Emerald Resources NL has reported a substantial increase in gold mineral resources at its Memot and Dingo Range projects, advancing its goal to become a multi-mine gold producer.

Alligator Energy reports a 10% increase in indicated uranium resources at its Samphire Project, secures a $17.25 million capital raise, and announces a CEO transition as it advances key uranium exploration and development milestones.

Galileo Mining has kicked off a significant 5,000-metre aircore drilling campaign at its Norseman project, aiming to build on promising palladium and platinum results and grow its existing 1.27 million ounce palladium equivalent resource.

Westgold Resources capped FY25 with record quarterly gold production and a $132 million treasury boost, while announcing a maiden 2.3 million ounce resource at its Fletcher Zone.

Canterbury Resources advances its flagship Briggs Copper Project with a near-complete scoping study and imminent deep drilling, while expanding exploration across Queensland and Papua New Guinea.

Sunshine Metals has launched an advanced scoping study targeting 95,000 ounces of gold and 652,000 ounces of silver at its Liontown project in North Queensland. The study aims to optimise extraction from multiple high-grade resource domains, with metallurgical test results expected in August 2025.

Rumble Resources has announced a substantial upgrade to its Western Queen Gold Project, increasing the mineral resource estimate to 370,000 ounces at a higher grade of 3.1 grams per tonne. This marks a significant step forward in the project’s development and potential mining strategies.

Aurum Resources reports strong high-grade drilling results at its Boundiali and Napié gold projects, backed by a $35.6 million strategic placement to fund resource expansion and feasibility studies.