Latest Mineral Resource Estimation News

Carnaby Resources has completed the acquisition of the remaining 17.5% stake in the Greater Duchess Copper Gold Joint Venture, gaining 100% ownership and full operational control. This strategic move positions Carnaby to accelerate development and unlock the project’s significant copper-gold potential.

Encounter Resources has reported significant rare earth element mineralisation across multiple prospects in Western Australia's West Arunta, highlighting the region's emerging status as a major niobium-REE province.

Strickland Metals has confirmed significant up-dip extensions of high-grade gold mineralisation at its Shanac Deposit within the Rogozna Project in Serbia, highlighting promising near-surface zones for early mine development.

Native Mineral Resources reports a successful ramp-up of gold production at its Blackjack plant, delivering nearly 700 ounces of refined gold and securing $10 million in fresh capital to fuel ongoing operations and exploration.

FireFly Metals has announced a significant extension of high-grade copper-gold mineralisation at its Green Bay Project in Canada, with drill results revealing a 650m expansion beyond previous estimates. The standout intersection of 49m at 6.1% copper equivalent underscores the project’s growing potential.

Aurelia Metals has revealed significant exploration success at its Nymagee Mine in NSW, discovering two new mineral lenses and extending known mineralisation with promising gold and base metal grades.

Mt Malcolm Mines NL has reported strong assay results from its recent drilling at the Picnic South Gold Prospect, revealing broad intervals of consistent gold mineralisation along a 700m strike. These findings enhance confidence in the project's potential for low-cost open pit mining.

Alkane Resources reports its inaugural JORC-compliant Mineral Resources and Ore Reserves for the Costerfield Property, highlighting a robust resource base and a mine life extended to 2030. The recent True Blue Deposit discovery further bolsters the project’s potential.

Venari Minerals reports a breakthrough in lithium upgrading at its Red Mountain Project, achieving up to a 132% increase in lithium concentration through innovative attrition scrubbing test-work. This advancement paves the way for a maiden Mineral Resource Estimate by year-end.

Santana Minerals reports robust assay results from its RAS North drilling program, confirming strong grade continuity and potential resource upgrades. Concurrently, the RINA drilling reveals a fertile, largely untested gold system along the Rise and Shine Shear Zone, hinting at significant regional expansion opportunities.

American Uranium has mobilised a drill rig ahead of schedule at its Lo Herma ISR uranium project in Wyoming, aiming to grow and upgrade its existing 8.57 million pound uranium resource through a two-phase drilling campaign.

Siren Gold has kicked off a significant 6,000-metre diamond drilling program at its Sams Creek Gold Project in New Zealand, aiming to upgrade and expand its existing 824,000-ounce resource. This marks a critical phase ahead of key milestones including a mining permit decision and an updated scoping study.