Latest Mining Lease News

Forrestania Resources is set to acquire the Edna May Gold Hub from Ramelius Resources for A$300 million, including a 2.9Mtpa mill and a 945,000-ounce gold resource, aiming to restart processing by mid-2027.

Forrestania Resources is set to acquire Ramelius Resources’ Edna May Gold Hub for A$300 million, aiming to restart the 2.9Mtpa Edna May mill by mid-2027 and expand its processing capacity.

Black Cat Syndicate has significantly expanded gold resources at its Kal East operation, lifting Trojan's resource by 62% to 202koz and refreshing Imperial to 84koz, underpinning plans to expand processing capacity and extend mine life.

Lunnon Metals has greenlit a $13 million FY2027 exploration budget to aggressively test a conceptual 1.2-2.4 million ounce gold target at its Foster-Baker area within the St Ives gold camp, aiming to drill more metres than in any year over the past six decades.

Miramar Resources has more than doubled the gold Exploration Target at its Gidji JV Project near Kalgoorlie, citing extensive new drilling data. The company is now advancing towards resource estimation and mining lease applications, eyeing deeper bedrock mineralisation potential.

Altech Batteries has sold its non-core land in Meckering, Western Australia, for $950,000, boosting working capital while retaining mining rights. The sale also triggered a $500,000 bank guarantee tied to €2 million bearer bonds due in October.

Solstice Minerals has reported exceptional wide and high-grade copper-gold intercepts from its first diamond drill tail at Nanadie, confirming mineralisation extends more than 300m below the current resource boundary and indicating strong potential for resource expansion.

BOA Resources (ASX: BOA) is set to acquire full ownership of the Thaduna and Green Dragon copper deposits, adding a combined 5.3 million tonnes at 2.3% copper to its portfolio and expanding its Murchison Belt footprint ahead of a funded drilling campaign.

Resources & Energy Group (ASX:REZ) has extended gold mineralisation at its Gigante Grande prospect, confirming significant intercepts 1 km south of the existing resource and supporting a substantial exploration target.

Australian Rare Earths (ASX: AR3) has announced a maiden Ore Reserve of 26 million tonnes at 920 ppm TREO for its Koppamurra Rare Earths Project, underpinned by a robust Pre-Feasibility Study delivering an A$858 million post-tax NPV and a rapid payback of less than one year.

High-Tech Metals Ltd has wrapped up a 41-hole reverse circulation drilling program at its Mt Fisher gold project, with assays pending. Early sampling of a carbonaceous stockpile revealed gold grades up to 20.1 g/t, prompting further bulk sampling and metallurgical testwork to evaluate economic potential.

Benz Mining has unveiled a maiden Exploration Target for its Glenburgh Gold Project, estimating up to 12 million ounces of gold largely defined by drilling. The project’s scale and geological setting support ambitions for a world-class gold system, with aggressive drilling planned to convert the target into a Mineral Resource by 2027.