Latest Mining Lease News

Kaiser Reef’s recent infill soil survey at the Maldon Gold Project reveals robust gold and arsenic anomalies, underpinning district-scale potential and setting the stage for targeted drilling following an airborne magnetic survey.

Lunnon Metals reports a 20% increase in gold ounces at its Hustler deposit, now 36,200 ounces, with plans to integrate mining alongside Lady Herial. Ongoing studies and strong infrastructure underpin a promising path to production.

WA Gold has delivered a robust scoping study for its Abercromby Gold Project, forecasting strong cashflows and low capital costs, while ramping up drilling at both Abercromby and Bullabulling projects with assay results imminent.

Dreadnought Resources is progressing its Star of Mangaroon open pit towards production while nearly doubling high-grade gold resources at Metzke’s Find. The company also extends critical metals potential with strong niobium and rare earth intercepts at Mangaroon.

Arika Resources has locked in $6.55 million through a placement led by Lion Selection Group, which will hold a 6.7% stake, to fund a major drilling campaign at its Yundamindra and Kookynie gold projects in Western Australia.

Ballard Mining has delivered its highest gold intercept to date at the West Knell Prospect within the Mt Ida Gold Project, reporting 9 metres at 27.1 grams per tonne gold. This breakthrough expands mineralisation along the underexplored Ballard Fault Zone and supports an upcoming resource update and mining lease application.

Terrain Minerals has delivered a maiden Inferred Mineral Resource Estimate of 54,000 ounces of gold and 156,500 ounces of silver at its Lightning Gold Project in Western Australia, setting a foundation for resource expansion and development.

Zeotech completed a 110-hole drilling campaign at Toondoon, secured key approvals, progressed AusPozz™ commercial trials, and demonstrated a 92% methane reduction in landfill trials.

Reach Resources has locked in a fully funded mining and milling agreement with Andel Resources at Murchison South, alongside a 30% increase in its Blue Heaven gold resource to 80,000 ounces at higher grade.

Forrestania Resources’ latest drilling at British Hill delivers multiple high-grade gold intercepts, extending mineralisation both near surface and at depth. The results bolster the project’s potential as a key ore source within its regional development strategy.

Nelson Resources has kicked off underground drilling at its high-grade Orleans Mine while advancing rehabilitation at Great Western Mine and securing a strategic tungsten property adjacent to a major US project. Exploration spending reached $794k, supported by a $2.1 million cash buffer.

Broken Hill Mines (ASX: BHM) has hit a significant new bulk tonnage discovery at its Rasp Mine, revealing a 40m wide high-grade silver-lead-zinc zone that dwarfs previous resource estimates in the Centenary Zone.