Latest Leasing News

Lotus Resources has completed the first phase of a 10,000m infill drill program at its Letlhakane Uranium Project, revealing significant higher-grade uranium intercepts that underpin a resource upgrade planned for H2 2026.

Image Resources delivered a solid first quarter at its Atlas project with production and sales within guidance, operating costs under forecast, and secured a six-month debt repayment holiday. Development advances on multiple mineral sands projects and maiden gold resource drilling is underway.

St Barbara Limited has closed a A$389 million investment deal with Lingbao Gold Group, greenlighting a US$333 million expansion of the New Simberi Gold Project and securing key environmental approvals for its Nova Scotia operations.

Patronus Resources has validated extensive gold targets at Pine Creek and begun diamond drilling at Fountain Head, while securing full ownership of Guppy-Benalla and divesting non-core assets to maintain a strong $75 million cash position.

New Frontier Minerals has secured technical approval for its Big One Copper Deposit Mining Lease Application, updated exploration targets across multiple copper prospects, and expanded its rare earths footprint in Australia and Canada.

Gorilla Gold Mines has uncovered two new shallow, high-grade gold zones at its Comet Vale project, prompting an accelerated drilling campaign to explore the significant growth potential within its North Kalgoorlie Hub resource base.

Australis Oil & Gas has partnered with a major US-listed company to develop its Tuscaloosa Marine Shale assets, retaining a 10% interest in producing wells and holding a strong cash position after recent transactions.

NH3 Clean Energy has marked strong progress in its WAH2 clean ammonia project by appointing Linde Engineering for FEED and securing a 15-year water supply agreement, setting the stage for a final investment decision by year-end.

Miramar Resources has completed a 19-hole RC drilling program at its Gidji JV Gold Project, revealing extensive shallow gold mineralisation including high-grade hits. The company also progressed project sales and acquisitions, supported by a $1.49 million capital raise and board reshuffle.

Nelson Resources has expanded its footprint at the Gold Point Project with new high-grade gold-silver veins and prepared for maiden drilling, while unlocking significant development potential at Yarri through mining lease grants and a $10 million funding deal.

Riversgold has kicked off a focused nine-day diamond drilling campaign at its Northern Zone Gold Project near Kalgoorlie to gather essential rock strength data for pit design, as it nears a key mining lease grant and development partnership with MEGA Resources.

Carnavale Resources has secured a key mining lease and reported robust high-grade gold drilling results at Kookynie, keeping its Bankable Feasibility Study on track for early Q3 2026 delivery.