Latest Options And Securities News

Discovery Alaska Limited has progressed its option to acquire the Boulder Creek Gold-Silver Project in Idaho, completing due diligence and expanding claims, while maintaining a cautious financial position with limited cash reserves.

Alice Queen Limited is updating its Horn Island Gold Project valuation following a dramatic gold price increase, with a refreshed scoping study and resource estimate expected by mid-2026. The company has also raised $1 million to support exploration and development activities.

Renegade Exploration has secured an option to acquire the Rooster Hill Monazite Project in Wyoming, tapping into a historically promising rare earth element resource. The move expands Renegade’s US footprint amid rising demand for critical minerals.

Anax Metals has completed a $2.4 million strategic placement with mining group Gold Valley at a 37.5% premium, while securing a $3.5 million loan to repay convertible notes, positioning the Whim Creek copper project for near-term development.

Mithril Silver and Gold Limited has secured an option to acquire the La Dura gold-silver property adjacent to its flagship Copalquin project in Durango, Mexico, setting the stage for expanded exploration and resource growth.

Evergreen Lithium has formalised a binding option to acquire up to 100% of the Mt Monger Gold Project in Western Australia, reinforcing its strategic expansion in the prolific Goldfields region.

Elevra Lithium reports robust Q1 FY26 results with record production and a significant increase in lithium resources, advancing its brownfield expansion and multiple development projects.

Eagle Mountain Mining has secured a 12-month exclusive option to acquire the Oracle Ridge copper mine’s surface and mineral rights, positioning the company to potentially restart production on a resource containing 380,000 tons of copper.

Winsome Resources has secured a 12-month exclusive option to acquire 38 adjoining claims near its flagship Adina Lithium Project in Québec, potentially unlocking new lithium-bearing pegmatite targets.

Forrestania Resources has extended its option to acquire the Hyden Project, including the Lady Ada and Lady Magdalene gold deposits, with new monthly extension terms that impact its acquisition timeline and costs.

Galilee Energy reported steady cash reserves and ongoing reservoir pressure monitoring at its Glenaras Gas Project, while exploring new funding and growth opportunities.

Industrial Minerals Ltd has announced a maiden inferred mineral resource estimate of 6.2 million tonnes at 98% silica for its Pippingarra Quarry Project, alongside successful testwork and a 12-month option extension.