Latest Resource Modelling News

Beacon Minerals has released the final batch of assay results from its extensive Stage 2 drill program at the Iguana Deposit, revealing multiple high-grade gold intersections and validating historical data. These findings set the stage for an updated Mineral Resource Estimate later this year.

Carnaby Resources has reported a game-changing drill result at its Trek 1 prospect, intersecting 7m at 9.3% copper equivalent, significantly extending known mineralisation beyond the current resource estimate.

Santana Minerals has reported a significant high-grade gold intercept extending the Rise and Shine deposit 250 metres down plunge, suggesting a potentially much larger orebody and longer mine life.

Western Gold Resources has completed over 45% of its 35,300-metre grade control and infill drilling program at the Gold Duke Project, receiving initial assay results from the Eagle prospect. The company is finalizing an updated scoping study and secured $3 million in non-dilutive funding to support a planned mining start in late 2025.

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.

Neometals has integrated previously unreported historic drill assays into its Barrambie Gold Project dataset, enhancing the Ironclad deposit’s exploration profile and paving the way for upcoming drilling campaigns.

Power Minerals Limited has reported the highest rare earth element grades to date from re-assayed drill samples at its Santa Anna Project in Brazil, significantly enhancing the project's resource potential.

Celsius Resources has reported significant high-grade copper and gold drilling results at its MCB Project in the Philippines, alongside securing a conditional water permit crucial for advancing project development.

Felix Gold Limited reports significant high-grade antimony mineralisation at its NW Array prospect in Alaska, alongside plans for near-term production and US government collaboration amid a global supply crunch.

Clara Resources has upgraded the Ashford coking coal project’s resource classification to Measured status, reinforcing confidence in the deposit and setting the stage for a Pre-Feasibility Study to validate mining and financial assumptions.

QMines Limited has reported strong, continuous high-grade copper-zinc-gold mineralisation from its latest drilling at Sulphide City, reinforcing its development plans for the Develin Creek project.

Marquee Resources has announced its inaugural inferred mineral resource at Eastern Hills, revealing 6,800 tonnes of antimony equivalent metal and setting the stage for further exploration in a promising underexplored district.