Latest Resource Estimates News

Toubani Resources has initiated a 5,000-metre diamond drilling campaign at its Kobada Gold Project in Mali, targeting deeper mineralisation to expand its 2.2 million ounce resource and extend mine life.

IRIS Metals has reported promising high-grade lithium intersections from its Phase I drilling at the Edison Project in South Dakota, reinforcing its strategy to develop a centralized lithium processing hub in the US.

Rox Resources has initiated dewatering at the Youanmi Gold Project’s Main and United North pits, marking a critical step toward underground access and production. The company is on track with exploration declines and resource updates, progressing steadily toward gold production.

Pacgold Limited reports strong initial results from its 2025 drilling campaign at the Alice River Gold Project, revealing significant shallow high-grade gold intersections that reinforce the project’s bulk tonnage and high-grade potential.

Tivan Limited has reported exceptional fluorite assay results from its Sandover Project, with grades reaching up to 91.4% CaF2 and a mineralised strike length now extending to 7 kilometres. The company is advancing towards a maiden drilling campaign scheduled for October 2025.

Castle Minerals has reported strong extensions of high-grade gold mineralisation at its Kpali prospect in Ghana, confirming continuity of two major lodes from a recent 23-hole drilling program. Follow-up drilling and exploration are planned to build on these promising results.

Chilwa Minerals has reported strong assay results from its Mpyupyu Dune deposit in Malawi, revealing high Total Heavy Mineral grades that underpin an upcoming resource update. The company is advancing multiple resource estimates and rare earth exploration with improved assay turnaround.

Lunnon Metals has completed a detailed Scoping Study for its Lady Herial gold deposit, confirming a short-life, high-grade open pit opportunity with strong financial prospects. The study, based largely on Measured and Indicated Resources, sets the stage for commercial negotiations with Gold Fields and potential near-term production.

Brightstar Resources has unveiled spectacular high-grade gold results from its Sandstone Hub drilling program, including a standout 10m intercept averaging 43.8g/t Au. These findings bolster the company’s resource upgrade ambitions ahead of a planned Pre-Feasibility Study.

Resouro Strategic Metals’ Tiros Project in Brazil has been selected for a major Brazilian government funding initiative aimed at advancing critical mineral production. This endorsement could accelerate the project’s development and bolster its role in the clean energy transition.

Adavale Resources has been granted exploration license EL9785, including the high-grade Koh-I-Noor gold mine, adjacent to its Parkes Project in NSW. The company plans detailed exploration and a maiden drilling campaign in 2025 to unlock further mineral potential.

Tempest Minerals Ltd (TEM) has reported further metallurgical test results from its Remorse iron ore discovery in Western Australia, confirming high-grade iron concentrate with low impurities. These findings reinforce the project’s potential as a significant iron ore development within the Yalgoo region.