Latest Lead News

G11 Resources has designed three drill holes to test the Northeast Pyrite copper-gold target in western Tasmania, close to the Great Lyell Fault and Mt Lyell deposits. The program may receive up to $120,000 in Tasmanian Government co-funding, but the geological case still rests heavily on unverified historical data.

Nyrada has secured AU$12.0 million from institutional and sophisticated investors, with a further AU$2.0 million shareholder purchase plan planned, giving the biotech funding to advance its Xolatryp clinical programs. The raise also carries substantial dilution and an unusually large proposed director subscription worth AU$5.125 million, subject to shareholder approval.

Wildcat Resources has secured firm commitments for a A$60 million institutional placement to push Tabba Tabba into engineering, site establishment and construction readiness ahead of a definitive feasibility study targeted for later in 2026. The raise strengthens funding, but part of the share issue still requires shareholder approval and the financing does not establish a final investment decision.

Saturn Metals has extended the Apollo Hill gold system up to 1km north of its existing 2.83Moz Mineral Resource, with several high-grade intersections among the latest results. A 50-hole, 10,000m RC program is now underway to test continuity and support a planned resource update.

Enterprise Metals has secured $1.2 million in discounted equity funding alongside a proposed board overhaul led by mining executives Phillip Gallagher and Steven Zaninovich. The incoming team will review the company’s Western Australian portfolio and decide where its limited exploration capital should go next.

Iltani Resources has reported some of its strongest Orient West drilling results, including a 2-metre intercept grading 2,561 g/t silver equivalent. The company says the latest 16 holes support continuity and could underpin an expanded Mineral Resource later this year.

Orthocell has recorded the first commercial sales of its Remplir nerve repair product in Thailand, opening a new market estimated at US$84 million. The launch gives the company another distributor-led growth channel, although near-term sales are expected to remain modest.

VHM's refreshed feasibility study projects an A$807 million pre-tax NPV for its Goschen rare earths and mineral sands project, with approvals and major procurement work substantially advanced. The project still needs financing, lender due diligence and a Final Investment Decision before construction can begin.

Sunshine Metals has upgraded the economics of its Liontown project, forecasting A$179.8 million in net operating cashflow after capital over a 66-month mine life. The study points to mid-2027 mining, but depends on approvals, Mt Moss commissioning and a preliminary plan carrying a plus or minus 30% accuracy range.

BluGlass has begun a three-to-five-month, A$286,000 feasibility collaboration with global photonics company Coherent to develop a novel gallium nitride device for scientific and medical applications. The agreement offers technical and commercial promise, but does not yet include a production commitment or confirmed product launch.

RareX has identified a 74-metre zone of anomalous copper in drill hole KRC012 at the Niobe Prospect, with portable XRF readings peaking at 5,724ppm. The result broadens the Khaleesi exploration story, but laboratory assays are still four to six weeks away.

Olympio Metals has started a roughly 1,500-metre maiden diamond drilling program at its Jacknife silver project in Idaho, targeting mineralisation linked to more than 3.2 million ounces of historical silver production. The campaign is significant, but the company must still verify old data before it can establish a JORC-compliant resource.