Latest Mining Lease Application News

Metal Bank has secured $1.2 million through a placement at a 30% premium, aiming to fast-track production at its Seven Leaders deposit and advance the Homestead and Winja gold projects at Livingstone.

TG Metals is accelerating development at its Lake Johnston Lithium Project amid improved lithium prices, with mining lease applications and resource drilling approvals underway for the Burmeister deposit.

Scorpion Minerals has secured a $2 million option agreement with Andel Resources, granting exclusive rights to mine and process gold from the Old Prospect tenements, marking a pivotal step from exploration to production.

Everest Metals Corporation (ASX:EMC) has delivered a maiden JORC Mineral Resource Estimate for its Revere Gold Project in Western Australia, outlining 15 million tonnes at 0.54 g/t gold for 260,780 ounces. The near-surface, open-pit amenable resource spans the Big John and Armstrong deposits, with further drilling planned to expand and upgrade the resource.

Avira Resources has secured a two-year extension for its Mt Cattlin Gold Project tenure and is set to launch a 4,500-metre RC drilling campaign targeting a maiden resource estimate by year-end.

Riversgold has expanded its Kalgoorlie Gold Project by acquiring tenement P25/2850, adding 20% more land to its Northern Zone footprint. The purchase secures key infrastructure space and potential new gold targets near Kalgoorlie.

Delta Lithium reveals a significant new fluorite discovery with assays exceeding 86% CaF2 at Yinnetharra, alongside ongoing high-grade lithium drilling and metallurgical progress at Mt Ida.

Neometals is pivoting towards gold production with a funded JV at its Barrambie Ironclad deposit, while simultaneously progressing a substantial lithium-potash brine project in Utah.

Charger Metals is advancing its Lake Johnston and Bynoe projects with growing lithium resources and high-grade gold discoveries, benefiting from a strong upswing in lithium and gold prices.

Alice Queen Limited (ASX:AQX) has initiated a partially underwritten rights issue aiming to raise up to $5.77 million, with substantial shareholder Gage Resource Development committed to maintaining control. The funds will primarily support further drilling and project development at Horn Island.

Scorpion Minerals has unveiled an Exploration Target of up to 3 million tonnes grading 1.5 to 2.0 g/t Au at its Old Prospect gold zone in Western Australia's Murchison region, building on an existing 21,600-ounce JORC resource with significant upside potential.

Redcastle Resources has secured a 60% earn-in to the Kilkenny Belt Package, adding 64km² of tenements adjacent to its existing Eastern Goldfields holdings and reinforcing its dual strategy of near-term development and regional exploration.