Latest Mineral Resource Estimation News

Horizon Gold has successfully completed its renounceable entitlement issue, raising nearly $7 million including a full shortfall placement, positioning the company for further development at its Gum Creek Gold Project.

Rapid Critical Metals is set to become Australia's highest grade silver company through its acquisition of the Webbs Consol Silver Project, expanding its resource base to approximately 67 million ounces of silver equivalent at exceptional grades.

Iltani Resources has reported its highest-grade silver-indium-base metal intersections to date from diamond drilling at its Orient East project in North Queensland, reinforcing its position as Australia’s leading silver-indium discovery.

Vanadium Resources Limited has extended the deadline to finalise pricing terms with China Precious Asia Limited, while progressing mining contractor discussions and pit optimisation at its Steelpoortdrift vanadium project.

Brazilian Critical Minerals has reported exceptional in-situ recovery results at its Ema project, achieving rare earth leaching grades over 14 times higher than the natural mineralised levels. These breakthrough findings mark a significant step towards commercial production.

Fenix Resources has locked in exclusive 30-year mining rights over a 290 million tonne iron ore resource at the Weld Range Project, significantly extending its mine life and production capacity. This strategic partnership with Sinosteel Midwest and Baowu Steel Group positions Fenix for ambitious growth in Western Australia's Mid-West.

Native Mineral Resources has released a JORC 2012-compliant update to its Granite Castle gold-silver resource, outlining 64,500 ounces of gold and 1.24 million ounces of silver. This milestone sets the stage for accelerated development near its existing Blackjack operations in Queensland.

High-Tech Metals has secured a binding mining agreement with SSH Mining to advance the high-grade Wagtail Gold Deposit, enabling near-term production with minimal capital risk.

Encounter Resources has confirmed a significant 1.5km extension to its Green Niobium-REE deposit, delivering thick, high-grade niobium intersections that bolster the project's growth potential.

Dreadnought Resources has reported outstanding high-grade gold intercepts from recent infill drilling at the Star of Mangaroon, poised to significantly enhance the project’s resource and economics. With further assays pending and a new drilling campaign imminent, the Mangaroon Gold Project is gaining momentum.

Black Canyon Limited has completed Phase 3 drilling at its Wandanya Project, confirming continuous manganese mineralisation along a 3km strike and identifying extensive iron mineralisation nearby.

Critica Limited has greenlit a pilot beneficiation plant in Hanoi to upscale its rare earth concentrate production, aiming to validate significant mass rejection and grade uplift ahead of its Scoping Study.