Latest Leasing News

Discovery Alaska Limited posted a $459,211 loss for FY2026 amid exploration write-offs and ongoing project development. The company secured $354,000 in a private placement and lined up a $900,000 placement to fund its Idaho and Western Australia gold-silver ventures.

Lithium Plus Minerals has significantly upgraded its Lei Lithium Project resource and secured a 20-year mining lease, positioning the company for near-term development and commercialisation.

Galilee Energy posted a $5.42 million loss for FY2026 amid heavy investment in its US Zydeco Gas Project and progressing the sale of its Australian Glenaras asset. The company is pivoting to US operations with drilling underway and a $3.5 million placement announced.

Dundas Minerals (ASX:DUN) posted a $5.05 million net loss for FY2026 while advancing its Western Australian gold projects and refreshing its leadership team.

Magnetite Mines has unveiled a revamped scoping study for its Razorback Iron Ore Project, introducing key design changes to reduce capital costs and boost project viability. The company is also actively pursuing funding options including royalty arrangements and strategic partnerships.

Neometals reports significant gold intersections from recent drilling at its Barrambie Gold Project, confirming a high-grade plunging corridor at Ironclad and outlining plans for diamond drilling to test deeper extensions.

Carnaby Resources has made significant strides at its Greater Duchess Copper Gold Project, delivering a robust Pre-Feasibility Study and consolidating ownership, before agreeing to a $213 million acquisition by Evolution Mining offering shareholders a 60% premium.

Maronan Metals has marked a transformative year with a positive Preliminary Economic Assessment, grant of a key Mineral Development Licence, and two capital raises totaling nearly A$40 million, positioning the company for accelerated development of its Queensland silver-lead and copper-gold project.

Citigold and Native Mineral Resources have partnered to explore and potentially mine four tenements near Charters Towers, with Native taking operational control of exploration and possible mining.

Native Mineral Resources (ASX:NMR) has secured exclusive rights to explore and potentially mine four tenements near its Blackjack operation through a joint venture with Citigold (ASX:CTO). The staged agreement allows NMR to assess mineralisation before deciding on mining, with cost recovery and profit sharing structured to align both parties.

Javelin Minerals has launched a significant diamond drilling campaign targeting two major deep gold-copper anomalies at its Coogee Project in WA, supported by WA Government funding.

Vanadium Resources (ASX: VR8) has locked in a right of first refusal and exclusivity option over a prime brownfield site in South Africa’s Highveld Industrial Park for its planned V-Iron Plant, reinforcing its path towards feasibility and financing.