Latest Mining Leases News

Gorilla Gold has reported further high-grade gold intercepts from extensional drilling at its Lakeview Prospect, revealing shallow mineralisation extending over 1000 metres along strike. Diamond drilling and environmental surveys are underway to support resource growth at the Comet Vale Project.

Nexus Minerals Limited has updated its exploration progress with significant gold resources at Wallbrook and Pinnacles projects, alongside promising new discoveries and ongoing drilling campaigns.

Lunnon Metals has announced its inaugural Mineral Resource Estimate for the Lady Herial gold deposit, marking a rapid progression from discovery to resource in just 15 months. The shallow, high-grade deposit is poised for fast-tracked development amid strong gold prices.

Terrain Minerals is set to begin a 3,350-meter RC drilling campaign targeting expansion of high-grade gold and silver mineralisation at its Lightning and Monza prospects in Western Australia, supported by a $1.8 million rights issue.

Larvotto Resources has released a definitive feasibility study for its Hillgrove Antimony-Gold Project, confirming robust economics and a targeted production start in 2026. The study outlines an 8-year mine life with strong margins and advanced project financing talks.

Alligator Energy has announced a significant upgrade to its Blackbush Deposit uranium resource, increasing the Indicated Mineral Resource by 10% following a successful 2024 drilling campaign. This enhancement strengthens the Samphire Project’s feasibility outlook and supports plans for higher production rates.

Pacgold Limited has announced a maiden mineral resource estimate of 474,000 ounces of gold at its Alice River project in Northern Queensland, alongside an aggressive 2025 exploration program targeting significant resource growth.

Savannah Goldfields has announced a significant new gold Exploration Target at its Red Dam deposit within the Georgetown Project, potentially expanding its resource base and supporting future production plans.

Zeotech Limited has signed a non-binding MOU with global trading giant MSI to negotiate offtake agreements for its Toondoon Kaolin Project, potentially unlocking significant early cash flow and enhanced mining economics.

Evergreen Lithium Limited has acquired the Leonora Goldfields Project in Western Australia, marking a strategic pivot into gold production with a JORC-compliant inferred resource of 63,000 ounces and exploration upside of up to 592,000 ounces.

Dreadnought Resources has wrapped up a comprehensive 2,724m drilling campaign across multiple targets at its 100% owned Mangaroon Gold Project, with assay results expected in May and June 2025. This program aims to bolster near-term production ounces and advance the company’s self-funded exploration strategy.

Discovery Alaska Limited has announced the termination of its mining lease for the Vinasale Project, choosing to preserve capital and concentrate on its flagship Chulitna Project alongside exploring new opportunities.