Latest Mining Lease News

Sunrise Energy Metals has nearly doubled the scandium content at its Syerston Project, confirming it as the world’s largest and highest-grade scandium deposit. This comes as global supply tightens due to new Chinese export restrictions.

TG Metals Limited has revealed new soil assay results that extend the gold mineralisation strike at its Van Uden project from 2.5 to 6.5 kilometres, setting the stage for imminent drilling. Historical shallow drilling had left much of this potential untested, offering a promising opportunity to expand the resource.

Euro Manganese Inc. reports significant progress on its Chvaletice Project and Bécancour Plant, positioning itself as a key Western supplier of high-purity manganese critical for EV batteries. The company highlights strong feasibility results, strategic financing partnerships, and multiple offtake agreements amid an expected global supply deficit.

Lunnon Metals reports significant high-grade gold assay results from infill drilling at its Hustler prospect, confirming two distinct mineralised structures and moving closer to an initial Mineral Resource estimate. Meanwhile, exploration at Defiance West reveals structural complexity with anomalous base metals but no significant gold yet.

Barton Gold Holdings has upgraded its Challenger Gold Project resource to over 300,000 ounces of gold and is advancing feasibility studies targeting production by the end of 2026. The company plans a phased approach starting with tailings reprocessing before fresh rock mining.

Geopacific Resources reports promising near-surface gold intercepts at its Woodlark Gold Project, highlighting new discovery potential adjacent to existing deposits and ongoing drilling to expand resources beyond 1.67 million ounces.

Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.

Austral Resources Australia Ltd has launched a $40 million placement at 5 cents per share to fund the acquisition and recommissioning of the Rocklands copper project in Queensland. The offer includes share and option issues tied to debt conversions and is conditional on shareholder approval and ASX reinstatement.

Austral Resources Australia Ltd reported a steep increase in half-year losses to $24.17 million, driven by discontinued operations, while advancing key acquisitions and debt restructuring efforts.

Atlantic Lithium has locked in up to £28 million in funding from Long State Investments to advance its Ewoyaa Lithium Project in Ghana, navigating market challenges and permitting delays with financial flexibility.

New Murchison Gold Limited reports a series of high-grade gold intersections from regional drilling across multiple prospects in Western Australia's Abbotts Greenstone Belt, signaling promising growth beyond its flagship Crown Prince Gold Mine.

Cauldron Energy has terminated its purchase agreement for river sand leases at Carnarvon and Derby, retaining the Onslow tenements with no further payments required, including cancellation of 2 million shares.