Latest Mineral Resource Estimation News

Leeuwin Metals has raised A$5.8 million to fund an aggressive 10,000m drilling campaign targeting extensions of high-grade gold mineralisation at its Marda Gold Project, with assays pending from 31 holes and ongoing geophysical surveys.

Black Canyon Limited reports robust September quarter progress at its Wandanya manganese and iron project, revealing extensive high-grade mineralisation and securing $10 million to accelerate development.

Accelerate Resources has secured an earn-in agreement to acquire up to 80% of the Iron Bound prospect, expanding its Balagundi Gold Project near Kalgoorlie with granted mining tenure and historic gold workings.

Torque Metals reports robust step-out drilling results at its Paris Gold Project in Western Australia, revealing multiple high-grade gold lodes extending well beyond current resource boundaries. New conductor plates identified by electromagnetic surveys signal significant exploration upside.

Verity Resources reports strong Phase 1 infill drilling results at its Monument Gold Project, validating geological models and supporting a resource upgrade. Phase 2 drilling is underway to explore further expansion potential.

Astral Resources reports robust assay results from its Theia Deposit in-fill drilling program, reinforcing the potential for a profitable starter pit at its Mandilla Gold Project. Ongoing diamond drilling and regional exploration at Feysville aim to further unlock value.

Catalyst Metals has unveiled significant high-grade gold intersections at its Cinnamon-Cobalt trend, doubling Cinnamon's strike length and revealing promising new targets outside the current resource envelope.

Fortuna Metals is advancing exploration at its Mkanda and Kampini projects in Malawi, aiming to define a significant rutile resource by late 2026. Early drilling and sampling have revealed encouraging titanium mineralisation, positioning the company in a globally critical minerals hotspot.

Forrestania Resources Limited is set to update investors on its rapidly expanding gold resource base and strategic acquisitions in Western Australia during an upcoming webinar. The company’s disciplined approach targets production-ready assets to drive shareholder value.

St George Mining’s latest diamond drilling results at the Araxá Project confirm a significant westward extension of high-grade rare earth and niobium mineralisation, reinforcing the potential for a major resource upgrade.

Beacon Minerals has announced a robust Laterite Ore Reserve at its Iguana Deposit, projecting strong pre-tax cash flows and a streamlined 12-month mine life. The Pre-Feasibility Study underscores the project’s economic viability amid current gold prices.

Ariana Resources is set to commence drilling at key extensions of its Dokwe Gold Project in Zimbabwe, following extensive soil sampling and geochemical analysis that revealed multiple promising targets.