Latest Mineral Resource Estimation News

Emmerson Resources has initiated critical geotechnical drilling at its White Devil Gold Deposit, progressing towards a feasibility study following a comprehensive reverse circulation drill campaign. The company’s scoping study signals strong potential for a major mine designation.

Santa Fe Minerals Limited has entered binding agreements to acquire the promising Eburnea Gold Project in Côte d’Ivoire from Turaco Gold Ltd, backed by a $1.2 million capital raise at a significant premium. The acquisition positions Santa Fe to advance exploration on high-grade gold mineralisation zones with substantial growth potential.

Santa Fe Minerals has entered binding agreements to acquire the Eburnea Gold Project in Côte d’Ivoire, backed by a $1.2 million capital raise at a 61% premium. The acquisition includes promising permits with historic high-grade gold intercepts, setting the stage for an aggressive exploration campaign.

Bryah Resources’ subsidiary has acquired a 0.75% net smelter return royalty over key tenements in the Bryah Basin manganese project, streamlining the asset and enhancing future strategic options as the project advances towards production.

Flynn Gold has initiated its first diamond drilling campaign at the newly discovered Grenadier Prospect in Northeast Tasmania, targeting high-grade gold zones identified through recent trench sampling. Concurrently, drilling at the Trafalgar Prospect confirms mineralisation extensions, with further assay results awaited.

Dart Mining's latest drilling at the Triumph Gold Project reveals multiple new high-grade gold zones, supporting a resource upgrade and expanding mining potential.

Austral Resources Australia Ltd has executed binding agreements to acquire the Rocklands Copper Mine, establishing a significant sulphide processing hub in North-West Queensland and advancing its regional consolidation strategy.

Peak Minerals has raised $3.5 million through a strategic placement at a 12-month high share price, backing its Minta Rutile Project in Cameroon. The funds will fast-track exploration amid rising global demand for low-carbon titanium and rare earths.

Raiden Resources retains 100% ownership of the Mt Sholl Ni-Cu-PGE Project following First Quantum Minerals' withdrawal, gaining valuable exploration data and cash compensation. The company is now exploring development options to unlock the project's potential.

Wia Gold Limited has reported its best-ever high-grade gold intercept at the Kokoseb Gold Project, with drilling results that promise a significant resource upgrade. The ongoing campaign continues to reveal robust mineralisation across multiple zones, keeping the deposit open for expansion.

RareX Limited has made a significant early discovery of a heavy rare earth element-bearing quartz breccia vein at its Mt Mansbridge Project, confirming the geological potential of the site. The company is advancing exploration across its portfolio, including strategic moves at Khaleesi and Cummins Range, while navigating heritage negotiations at Piper.

Brightstar Resources has reported significant high-grade gold assay results from its extensive drilling campaign at the Sandstone Hub in Western Australia, highlighting promising early-stage prospects and reinforcing the project’s growth potential.