Latest Mining Lease News

Zenith Minerals has initiated a strategic review to explore corporate and asset options aimed at maximising shareholder value, centred on its Consolidated Dulcie Gold Project which hosts a 675,000-ounce gold resource.

Accelerate Resources has unveiled a significant new shallow gold discovery at its Balagundi project, defining a 300m mineralised strike at Spencers Prospect and setting the stage for imminent RC drilling.

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.

Brightstar Resources has secured full funding for its Goldfields Project, targeting 75,000oz gold production annually from mid-2027, while advancing the Sandstone Project towards a potential Tier-1 development with production aimed for 2029.

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.

TG Metals targets a potential doubling of its laterite gold resources at Van Uden, advancing heap leach project designs and awaiting drilling approvals.

West Coast Silver (ASX:WCE) has unveiled a comprehensive Growth & Development Plan for its Elizabeth Hill Silver Project, targeting a rapid transition to production via a high-grade, low-capex open pit operation supported by ongoing drilling and resource expansion.

Yandal Resources is ramping up its 2026 exploration campaign in the Yandal Greenstone Belt, leveraging a $14.7 million cash reserve and new infrastructure to expand discoveries at Arrakis, Flushing Meadows, and Mt McClure.

Redcastle Resources is accelerating its shift from exploration to production, with mining operations set to start by late May 2026 under a capital-light joint venture with BML Ventures.

Carnavale Resources has appointed Humphrey Hale as Managing Director, entrusting him to lead the Kookynie Gold Project into production as the company nears completion of its bankable feasibility study.

Brightstar Resources (ASX:BTR) has reported multiple high-grade gold intercepts from ongoing drilling at its Sandstone Gold Project, supporting a mid-year resource upgrade and Pre-Feasibility Study.

Cannindah Resources has uncovered a significant new high-grade Southern Shoot at its Cannindah Breccia copper-gold deposit, expanding the known mineralised system well beyond current resource boundaries and offering fresh exploration upside.