Latest Mineral Resource Estimation News

QMines Limited has launched a significant 5,000m drilling campaign at its Mount Mackenzie gold and silver project, aiming to unlock substantial resource growth potential following a recent resource upgrade.

McLaren Minerals advances its McLaren titanium project with 95% engineering complete and a strong market report confirming demand for its high-quality sulfate ilmenite amid a looming titanium dioxide supply deficit.

American Uranium Limited is set to commence hydrogeologic testing and resource expansion drilling at its Lo Herma uranium project in Wyoming during the fourth quarter of 2025, aiming to boost its mineral resource base and support upcoming scoping studies.

Tempest Minerals has secured regulatory approval to begin Phase I drilling at its Halo prospect within the Yalgoo Project, targeting iron, copper, and gold. A heritage survey with the Badimia People is currently in progress, marking a key step toward unlocking the site's potential.

Mont Royal Resources Ltd (ASX – MRZ) has lodged a prospectus to raise between A$8 million and A$10 million through a share offer priced at A$0.20 each, coinciding with a proposed merger with Commerce Resources Corp (TSXV – CCE). The combined entity aims to become a leading Quebec-focused critical minerals developer.

Prospect Resources has reported significant new copper assay results from its Phase 2 drilling at the Kabikupa deposit, extending mineralisation beyond 1km and confirming zones closer to surface and at depth. These findings bolster the Mumbezhi Copper Project’s resource potential ahead of an updated estimate due in Q4 2025.

Western Mines Group has reported compelling assay results from its latest Phase 4 drilling at the Mulga Tank Project, revealing extensive nickel sulphide mineralisation and standout high-grade intervals that extend beyond current resource boundaries.

Hillgrove Resources has reported outstanding high-grade copper-gold mineralisation from the first underground drill hole at Emily Star, part of the Kanmantoo Copper Mine. These results suggest a promising expansion of mining potential and improved utilisation of existing infrastructure.

Javelin Minerals has partnered with MEGA Resources to fully fund and operate the Eureka Gold Project, setting the stage for mining to begin in mid-2026. The deal includes a $4.5 million capital raise and a strategic leadership appointment to drive exploration and production growth.

Strata Minerals Limited has secured an option to acquire the Zelica Gold Project in Western Australia, featuring a historical 30,000-ounce gold resource and existing mining infrastructure. The company plans to upgrade the resource and explore near-term extraction opportunities.

Iltani Resources reports strong rock chip sampling results from its Orient Silver-Indium Project, confirming high-grade mineralisation and identifying new target zones that could significantly expand the resource footprint.

Aldoro Resources has agreed to sell its non-core projects for approximately $3.3 million, enabling a sharpened focus on its flagship Kameelburg Niobium-REE Carbonatite Project in Namibia. The deal includes a significant share distribution in Sultan Resources to Aldoro shareholders.