Latest Mining Lease News

Zuleika Gold has finalized a $48 million settlement with Catalyst Metals, resolving a protracted legal battle over the Plutonic Gold Mine and clearing the way for renewed focus on growth.

First Au Limited has completed over 4,000 metres of reverse circulation drilling at its Gimlet Gold Project, aiming to upgrade its 120,000-ounce inferred gold resource to an indicated classification. Early geological observations align with existing models, with assays pending to refine the resource estimate.

Prodigy Gold NL reports outstanding October 2025 drilling results at its Hyperion Gold Deposit, reinforcing the deposit's high-grade potential and setting the stage for a resource update and mining approvals.

Terrain Minerals has launched a significant reverse circulation drilling program at its Lightning Gold Prospect, aiming for a maiden resource by mid-2026. Early results hint at a promising new gold and silver discovery in a prolific Western Australian district.

Golden Dragon Mining is set to begin a ~2000m drilling campaign at its promising Coodardy gold target in Western Australia, aiming to confirm mineralisation following strong historic results.

Besra Gold Inc reveals significant challenges at its Bau Gold Project, including mining lease renewal uncertainty and a reduction in measured gold resources, prompting a strategic pivot to government and community engagement before advancing development.

Kingston Resources has announced a substantial 29% increase in its Mineral Hill Project resources, including a maiden resource for the high-grade Red Terror deposit, enhancing confidence in future mine planning and production.

New Frontier Minerals has lodged a mining lease application for the Big One Copper Deposit in Queensland’s Mt Isa belt, aiming for first production in early 2027. The move solidifies tenure over a key copper asset and advances plans for open-cut mining with processing through Austral Resources’ Mt Kelly facility.

Leeuwin Metals has reported further shallow gold intercepts along a 1.6km strike at its Evanston trend within the Marda Gold Project, Western Australia, alongside new electromagnetic anomalies suggesting deeper mineralisation. A major drilling campaign is set to begin this month, underpinning plans for a maiden resource estimate.

Critical Minerals Group has raised $2 million through a placement to accelerate key development milestones for its Lindfield Vanadium Project and vanadium flow battery supply chain.

Javelin Minerals is set to begin diamond drilling at its Eureka Gold Project in Western Australia this November, paving the way for mining operations scheduled for mid-2026. The campaign aims to refine resource estimates and unlock high-grade extensions, supported by secured financing and partnerships.

PC Gold has reported a stunning high-grade gold intersection of 0.7m at 459.08 g/t Au from diamond drilling at its Spring Hill project, signaling significant potential beyond the current resource boundary. Follow-up drilling is set to explore these promising extensions further.