Latest Mineral Resource Estimation News

Nico Resources Limited reports steady progress on its flagship Wingellina nickel-cobalt project, highlighted by successful metallurgical testwork and Major Project Status recognition, despite cautious spending amid weak market conditions.

Great Boulder Resources has announced a promising new gold discovery at its Side Well South project, with recent AC drilling intersecting high-grade gold mineralisation near historic workings. Drilling is ongoing, aiming to expand this emerging zone.

Emmerson Resources has resumed and expanded its RC drilling program at the White Devil Gold Project, with initial resource estimates expected imminently and further updates planned after assay results.

Stellar Resources reports significant progress at its Heemskirk Tin Project, including record high-grade tin intersections and the launch of a Prefeasibility Study, supported by a strong cash position and strategic infrastructure agreements.

Medallion Metals Limited has intersected substantial semi-massive to massive sulphides in its latest diamond drilling at the Trilogy Deposit, setting the stage for potential commercialisation via existing Forrestania infrastructure.

Northern Minerals has reported a 15% increase in the total rare earth oxides (TREO) at its Wolverine deposit, with a striking 75% rise in Measured and Indicated TREO tonnes, underpinning the next phase of its Browns Range project development.

North Stawell Minerals has launched its 2025 diamond drilling program targeting significant gold mineralisation at the Wildwood and Darlington prospects in Victoria, backed by a recent $1.3 million capital raise.

Warriedar Resources has reported a significant leap in antimony concentrate grade from its Ricciardo deposit, achieving 49% Sb with over 80% recovery. The company is progressing towards a maiden antimony Mineral Resource Estimate expected by late Q1 2025.

Victory Metals Limited has announced a major upgrade to its North Stanmore Heavy Rare Earth Elements Project, with 71% of the resource now classified as Indicated and total tonnage rising to 247.5 million tonnes at 520 ppm TREO. This positions North Stanmore as a globally significant heavy rare earth clay deposit with promising scandium potential.

Magnetic Resources has significantly increased the gold resource estimate at its Lady Julie Gold Project to 1.75 million ounces, advancing plans for concurrent underground mining and an expanded processing plant.

OD6 Metals has completed the acquisition of the historic Gulf Creek Copper Project in New South Wales, positioning itself to unlock significant copper potential using modern exploration techniques.

Greenwing Resources has announced a maiden Mineral Resource Estimate of 1.07 million tonnes Lithium Carbonate Equivalent at its San Jorge Lithium Brine Project in Argentina, with promising geophysical data suggesting significant upside potential.