Latest Mineral Resource Estimation News

Astral Resources reports strong assay results from in-fill drilling at the Iris Deposit within its Mandilla Gold Project, revealing high-grade gold intercepts that support an upcoming resource upgrade and ongoing feasibility studies.

Variscan Mines has secured official approval of its Restoration Plan for the Novales-Udias Zinc Project in northern Spain, unlocking the path to mine production restart and extensive exploration drilling.

St George Mining’s latest drilling assays at the Araxá Project in Brazil reveal exceptional grades of rare earth elements and niobium, signaling a potential major resource upgrade.

Astute Metals reports a significant lithium-in-soil anomaly at its Red Mountain Extension project in Nevada, with soil grades up to 1,080ppm and rock chip samples confirming bedrock mineralisation up to 2,690ppm. The company is streamlining its Nevada claims to focus capital on this promising discovery.

Flagship Minerals has commenced a comprehensive review of a vast dataset acquired from Anglo American for its Pantanillo Gold Project in Chile, confirming a large oxide gold system with exceptional drill results. This positions the company to fast-track a JORC-compliant Mineral Resource Estimate and advance towards production.

Westgold Resources reports a significant 24% increase in gold Mineral Resources to 16.3 million ounces and a 5% rise in Ore Reserves to 3.5 million ounces, underpinning a decade-long Reserve life with robust milling capacity.

Terrain Minerals has reported a significant gold intersection of 22 metres at 2.71 g/t from its recent drilling at the Lightning & Monza Gold Prospect, reinforcing its exploration strategy and advancing the project towards a resource estimate.

Power Minerals has initiated leach testing on high-grade rare earth element samples from its Santa Anna Project in Brazil, aiming to unlock processing pathways and confirm resource potential. Results expected this month will guide further drilling and resource estimation.

Asra Minerals confirms multiple high-grade, near-surface gold intercepts at its Leonora South Gold Project, setting the stage for a maiden resource estimate and further exploration.

Nexus Minerals reports standout one-metre gold assay results up to 30.05 g/t at its Payns Prospect, part of the Wallbrook Gold Project, and launches a new 6,000-metre drilling campaign targeting nearby prospects.

Unico Silver Limited has secured $25 million in funding to restart drilling at its Joaquin Project in Argentina, targeting promising high-grade silver zones. The company aims to upgrade resources and deliver a scoping study by mid-2026.

Horseshoe Metals has launched a new phase of reverse circulation drilling at its Horseshoe Lights Copper-Gold Project in Western Australia, targeting near-surface copper oxide and gold zones. Concurrently, the company is progressing offtake negotiations with major commodity traders.