Latest Mining Lease Applications News

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Wildcat Resources has successfully intercepted spodumene in every drill hole at its Bolt Cutter Central lithium discovery in Western Australia, advancing metallurgical testing and exploration plans.

Kairos Minerals has received the final $10 million payment from Pilbara Minerals under a key tenement sale, lifting its cash reserves to $35 million and setting the stage for expanded exploration and feasibility studies at the Mt York Gold Project.

Great Divide Mining has raised $2.5 million through a share placement to fund development at its Challenger Gold Mine and progress other key projects.

Hammer Metals has submitted a Mining Lease Application for its Orelia North gold deposit in Western Australia, aiming to accelerate development amid a buoyant gold price. Recent drilling results extend mineralisation, supporting resource growth ahead of a planned 2026 upgrade.

Barton Gold Holdings has kicked off its 2026 drilling campaign at the Tunkillia Gold Project, aiming to secure Ore Reserves, complete a pre-feasibility study, and lodge a Mining Lease application by the end of the year.

Barton Gold Holdings has initiated an 8,000m drilling campaign at its Challenger Gold Project, aiming to upgrade resources and deliver a Definitive Feasibility Study by mid-2026. This move sets the stage for restarting the Central Gawler Mill and advancing multiple regional assets.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Scorpion Minerals has taken a significant step forward with a binding option to acquire the Old Prospect gold tenements and forged strategic partnerships to advance its gold and lithium projects in Western Australia.

Redcastle Resources has reported exceptional high-grade gold assay results from its ongoing grade control drilling at Redcastle Reef, alongside key regulatory progress that paves the way for mining to commence mid-2026.

Iceni Gold Limited reported a busy December quarter focused on advancing diamond drilling at its 14 Mile Well and Welcome Creek projects in Western Australia, with assay results expected soon and a cash position of $1.53 million.

Golden Cross Resources reported a quiet December quarter with ongoing preparatory work at its flagship Copper Hill copper-gold project, while its ASX securities remain suspended pending operational compliance.