Latest Resource Estimates News

Galileo Mining has kicked off a focused 2,000-metre drilling campaign at its Norseman project, targeting platinum group elements and gold to expand its promising Callisto resource.

Patagonia Lithium has reported successful initial brine extraction and core sampling at its Formentera lithium project in Argentina, marking steady progress in its drilling campaign. Early results indicate favorable porosity and brine characteristics that support ongoing exploration efforts.

Native Mineral Resources Holdings Limited has entered a binding joint venture with Haoma Mining NL to develop the Ravenswood Gold Project, leveraging NMR’s Blackjack Operations as a regional processing hub.

Dreadnought Resources has formalized a $10 million joint venture with Black Cat Syndicate to fund, develop, haul, and process ore from its Star of Mangaroon gold project, enabling near-term cashflow without upfront capital.

Black Bear Minerals reveals significant polymetallic potential in historic stockpiles at its Shafter Silver Project, with grab samples showing exceptional grades. The company plans extensive 2026 drilling and bulk sampling to unlock this overlooked resource.

Terrain Minerals has successfully converted key tenements to a mining licence at its Smokebush Gold Project, setting the stage for a maiden JORC resource estimate targeted for mid-2026. A significant drilling campaign is underway, with results expected early next year.

WIN Metals has reported further high-grade gold intercepts at its Radio Gold Project in Western Australia, reinforcing the potential to expand its mineral resource and extend underground mining operations.

New Frontier Minerals has kicked off a significant reverse circulation drilling program at its Harts Range project, aiming to unlock deeper deposits of heavy rare earth elements vital for advanced technologies.

Lithium Energy Limited has launched an extensive infill drilling campaign to merge its adjacent Burke and Mt Dromedary graphite deposits into a single high-grade resource, aiming to strengthen its position amid tightening Chinese export controls on graphite materials.

Emu NL announces a key board reshuffle with the appointment of geologist James Knowles and begins drilling at its promising Fiery Creek copper prospect.

Victory Metals reports breakthrough kinetic leach results at North Stanmore, extracting ~80% of rare earths in 30 minutes versus the previous 4-hour benchmark, promising lower costs and stronger project economics.

Ausgold Limited’s latest drilling results from the Katanning Gold Project reveal high-grade gold mineralisation beyond current resources, underscoring significant growth potential. The ongoing 44,000m drilling campaign is validating and expanding the project’s resource base in Western Australia.