Latest Mineral Resource Estimation News

Westgold Resources reported a strong finish to FY25 with 82km of drilling and a $9 million investment in exploration, highlighted by a maiden 2.3 million ounce gold resource at Beta Hunt’s Fletcher zone.

Nordic Resources has completed a major acquisition of three advanced gold projects in Finland, lifting its total gold equivalent resources to 1.23 million ounces. The company also secured A$3.5 million in institutional funding and appointed a seasoned mining executive as Chairman.

Norwest Minerals has reported a substantial 33% increase in its Bulgera Gold Project resource to 288,400 ounces and secured $4.85 million to advance exploration, including a new drilling campaign targeting deeper gold zones.

Dart Mining NL has reported its highest-grade drill intercepts to date at the Triumph Gold Project, including a standout 0.3m intercept grading 114 g/t gold. These results confirm and extend mineralisation at the Big Hans prospect, underscoring significant exploration upside.

Beacon Minerals has initiated its largest reverse circulation drilling campaign at the Lady Ida Iguana Deposit, aiming to enhance geological confidence and update mineral resources by mid-2026.

QMines Limited reports promising open pit optimisation results for its newly acquired Mount Mackenzie gold-silver project, reinforcing its strategy to develop a regional processing hub in Queensland.

Green Critical Minerals has commissioned its first VHD Graphite production module and secured $7 million to drive commercialisation, while its McIntosh Project delivers robust economic metrics.

Strickland Metals reports strong assay results from recent drilling at its Gradina deposit in Serbia, reinforcing the project's potential ahead of a maiden Mineral Resource Estimate later this year.

Reach Resources has significantly increased its gold resource inventory at the Murchison South project, with combined estimates for Blue Heaven and Pansy Pit now totaling approximately 67,100 ounces. Strong metallurgical results and exploration upside highlight the project's potential.

Kingsland Minerals is finalising its scoping study for the Leliyn Graphite Project, positioning itself to capitalise on shifting global graphite markets driven by new US tariffs on Chinese imports.

Future Battery Minerals has wrapped up its initial gold drilling phase at the Miriam Project, setting the stage for assay results and a planned resource estimate later this year.

Ballard Mining has launched a comprehensive 130,000-metre drilling campaign at its Mt Ida Gold Project, targeting resource expansion and development of the Baldock deposit. Supported by a recent oversubscribed $30 million IPO, the program aims to unlock new exploration targets along a 26km strike in Western Australia’s Goldfields region.