Latest Leonora News

Saturn Metals has raised $45 million through a share placement to accelerate exploration and development at its Apollo Hill Gold Project in Western Australia, aiming for key feasibility milestones by 2026.

Carnavale Resources’ updated Scoping Study for the Kookynie Gold Project reveals a doubling in project value and robust economics, supporting a five-year mine life with 93,000 ounces of gold production.

Mt Malcolm Mines has launched a comprehensive JORC-compliant Mineral Resource Estimation for its Malcolm Gold Project in Western Australia, leveraging strong recent drilling and bulk sampling results. The initiative aims to underpin future resource growth and development in a prolific gold district.

Iceni Gold's recent aircore drilling at Guyer West reveals two significant gold mineralised trends, hinting at a major emerging gold corridor in Western Australia’s 14 Mile Well Project.

Vault Minerals projects steady gold production in FY26 with growth through FY28, driven by key plant upgrades and the anticipated restart of Sugar Zone operations. The company plans significant capital and exploration investments while preparing to fully unwind its hedge book.

Strata Minerals Limited has secured an option to acquire the Zelica Gold Project in Western Australia, featuring a historical 30,000-ounce gold resource and existing mining infrastructure. The company plans to upgrade the resource and explore near-term extraction opportunities.

Patronus Resources (ASX, PTN) reveals a robust financial position with $70 million in cash and investments against a market cap near $100 million, underpinned by 2.3 million ounces gold equivalent resources in Tier-1 Australian jurisdictions. The company’s active exploration and strategic acquisitions signal promising growth ahead.

Vault Minerals reports a 31% increase in gold Ore Reserves to 4 million ounces and a 3% rise in Mineral Resources to 12.2 million ounces as of June 2025, driven by strong growth at Leonora, Sugar Zone, and Mount Monger.

Iceni Gold’s extensive aircore drilling at its 14 Mile Well Project in Western Australia has revealed three new gold anomalies along the western margin of the Danjo Granite, highlighting promising exploration potential.

Augustus Minerals has raised $1.675 million through a placement to fund maiden drilling at its Music Well gold targets and advance the Mt Kare project application. The capital boost positions the company with nearly $2.75 million in cash to accelerate exploration activities through 2025.

Asra Minerals sharpens its exploration focus at the Mt Stirling gold project, unveiling promising new targets and securing $3.25 million to fund aggressive drilling campaigns.

Genesis Minerals has secured regulatory approval for Stage One mining at Tower Hill, aligning the project with its mill expansion plans and setting the stage for production in FY28.