Latest Mining Tenements News

Auravelle Metals Limited (ASX:AUV) has acquired nine new tenements adjacent to its Crown Gold Project near Kalgoorlie, WA, adding 20 km² to its landholding. Historical drilling on these tenements has identified gold anomalism with grades up to 1.78 g/t Au near surface.

Novo Resources has completed the first tranche of a capital raising, securing A$6.2 million, while announcing significant valuation impairments ahead of its 2025 financial report.

Australian Pacific Coal Limited’s Dartbrook Mine has entered receivership, with the company now assuming no residual value in the asset. Despite this, AQC maintains solvency and continues to explore its options amid ongoing financial challenges.

Variscan Mines has locked in a A$1 million convertible loan note facility to accelerate exploration and development at its Novales-Udías Zinc Project in northern Spain. This funding underpins the company’s strategy to restart production at the high-grade San Jose Mine.

Evergold Minerals Limited advances its gold exploration with new tenement acquisitions and drilling approvals at key projects, while managing a tighter cash position heading into 2026.

Nagambie Resources and Alkane Resources have entered a binding agreement for a joint venture that could see Alkane invest up to $27.5 million to earn an 80% stake in Nagambie's key mining tenements, leveraging Alkane’s existing processing infrastructure to accelerate production.

LCL Resources reported promising high-grade gold-copper-silver assays from trenching in Papua New Guinea and is actively pursuing lower-risk jurisdiction assets while advancing its Colombian option agreement.

Forrestania Resources has agreed to acquire key gold tenements from Gibraltar, consolidating its Coolgardie Hub footprint with a $2.5 million share deal plus contingent payments tied to resource discoveries.

Forrestania Resources has formalised its acquisition of the Lake Johnston Project from Poseidon Nickel, marking a pivotal move towards near-term gold production with key infrastructure and contractor engagements.

Marvel Gold Limited has agreed to sell its Yanfolila Gold Project in Mali to Askiya Mineral Resources for up to US$1.94 million, marking a strategic shift to focus on its Tanzanian assets.

Austral Resources has been granted the Canyon EPM 28881, establishing a strategic 6km copper oxide exploration corridor adjacent to its Mt Kelly and McLeod Hill operations. The new tenement offers promising undrilled copper oxide mineralisation and sets the stage for a 2026 drilling campaign aimed at expanding Austral’s resource base.

Havilah Resources has struck a landmark agreement with Sandfire Resources to advance its Kalkaroo copper-gold project, backed by a $210 million staged investment and a strategic exploration alliance in South Australia’s Curnamona Province.