Latest Mining Lease News

Waratah Minerals (ASX:WTM) has delivered robust drilling results from its Consols Zone at the Spur Project, extending high-grade gold mineralisation across multiple directions and depths. Notable intercepts include a 144m run at 1.49 g/t Au, underpinning the project's district-scale potential.

RareX Limited’s latest metallurgical program at Cummins Range delivers a breakthrough 9.5x upgrade in rare earth concentrate grade and confirms a viable gallium by-product extraction pathway, setting the stage for integrated multi-element processing.

New Frontier Minerals has reported strong surface copper grades at its Mt Storm prospect in Queensland, with assays up to 6.88% Cu and promising acid-leach recoveries, reinforcing the prospect’s potential within the NWQ Copper Project.

Miramar Resources has reported fresh high-grade copper-lead-silver assay results from rock chip sampling at its Joy Helen prospect within the Chain Pool Project, reinforcing the potential for a significant SEDEX-style base metal deposit. The company awaits auger drilling results and is preparing for deeper bedrock drilling and geophysical surveys.

EQ Resources has completed its acquisition of Aus Critical Minerals and TTTP1, boosting its Mt Carbine tungsten exploration footprint by 45% to 1,136 km² and reinforcing its regional hub strategy.

Freehill Mining has signed a non-binding MOU with Austral Gold to fast-track copper and copper-gold project development in Chile, leveraging Austral’s operational expertise to boost Freehill’s strategic growth.

Larvotto Resources has moved decisively to secure the Blockade Copper Mine near Mt Isa, Queensland, following due diligence drilling that confirmed robust, continuous copper mineralisation. The acquisition positions Larvotto to accelerate its push towards near-term copper production in a region with established infrastructure.

Odyssey Gold’s Stage 1 Scoping Study for the Tuckanarra Project outlines a low-capital, high-margin open-pit mining operation producing 79,000 ounces of gold over 29 months with pre-tax cashflows of A$180 million at A$6,000/oz gold price.

Chariot Resources has secured additional exploration licence transfers in Nigeria and increased its convertible loan to fund regulatory costs, pushing its Nigerian lithium acquisition closer to completion.

Future Metals NL has delivered a significant upgrade to its Panton PGM Project, reporting an 82.3 million tonne resource at 1.6 g/t platinum equivalent, underpinning a refreshed development plan.

Corazon Mining has completed its acquisition of the Chalice Gold Project from Westgold Resources, securing a 191,000oz high-grade gold resource and planning an aggressive drilling campaign to unlock further potential.

Corazon Mining has secured the Chalice Gold Project from Westgold, marking its shift to a gold developer with a 191,000oz resource and a $16.5 million capital raise to fund an aggressive drilling campaign.