Latest Mineral Resource Estimation News

Global Lithium Resources has lodged a prospectus for MB Gold's IPO, aiming to raise $6 million by spinning out its Marble Bar gold assets. This strategic move sharpens Global Lithium’s focus on its lithium projects while unlocking value from its gold holdings.

Axel REE Limited reveals a substantial inferred resource at its Caladão Project, advancing plans for in situ recovery trial mining in 2026 to produce rare earth and gallium products. The company’s low-cost, environmentally conscious approach positions it well within Brazil’s Lithium Valley mining hub.

Torque Metals' latest drilling and Down-hole Electromagnetic (DHEM) surveys at the HHH deposit reveal multiple new gold lodes, expanding the known resource and validating advanced vectoring techniques for exploration.

Alvo Minerals has raised $2.26 million through a placement to accelerate drilling and exploration at its Palma Copper-Zinc Project in Brazil, including the promising new Touro Prospect.

Greatland Resources reports significant expansion of high-grade gold and copper mineralisation at its West Dome Underground project, advancing towards a maiden resource estimate supported by existing infrastructure.

Athena Resources has announced a maiden Mineral Resource Estimate for its Byro South Prospect, significantly expanding its Byro Magnetite Project resources by 160% to 76 million tonnes at 26% iron content.

Temas Resources has completed a major drilling campaign at its La Blache project, targeting key critical minerals while progressing its innovative Regenerative Chloride Leach technology promising significant cost savings.

DPM Metals has released a robust feasibility study for its Čoka Rakita gold project in Serbia, confirming strong economics with a $782 million net present value and a 36% internal rate of return at $1,900 per ounce gold. The study highlights increased reserves, low costs, and a clear path to production by 2029.

Latitude 66 Limited has executed binding option and joint venture agreements to acquire an 80% interest in the Laverton Gold Project, featuring a 13,500-ounce gold resource and immediate drilling underway.

Critical Resources Limited has significantly expanded its Mavis Lake Lithium Project in Ontario, boosting its landholding by 25% and advancing exploration with promising high-grade lithium intercepts. The company also secured a strategic partnership to evaluate cutting-edge solid-state lithium-ion battery technology, positioning itself for the anticipated lithium market rebound.

Black Bear Minerals has reported exceptional high-grade silver rock chip samples up to 3,100g/t outside its existing Shafter Mineral Resource in Texas, revealing promising multi-commodity potential and plans for expanded exploration.

Neometals has released initial gold assay results from its Barrambie Ranges drilling program, revealing promising high-grade intercepts that reinforce the project's exploration potential while advancing the Ironclad deposit towards production.