Latest Options News

Lodestar Minerals has secured a binding option to acquire the Virgin Mountain Heavy Rare Earth Elements project in Arizona and defined a significant gold exploration target at Ned’s Creek, while gearing up for its first Chilean drill program.

Scorpion Minerals has taken a significant step forward with a binding option to acquire the Old Prospect gold tenements and forged strategic partnerships to advance its gold and lithium projects in Western Australia.

Riversgold has locked in a full funding and operational deal with MEGA Resources for its Northern Zone Gold Project near Kalgoorlie, while also advancing exploration in Canada and raising $2 million to fuel growth.

Heavy Minerals Limited has finalized a binding agreement with Hillgrove Resources to extract garnet from tailings, while advancing its Port Gregory project and targeting substantial capital raising.

Golden Mile Resources has completed a significant sampling program at its Aurora prospect in Arizona, with assay results expected soon, while Patronus Resources has earned an 80% interest in the Leonora Gold Joint Venture.

Horseshoe Metals has reported strong drilling results at its Horseshoe Lights project, confirming extensive copper oxide mineralisation and advancing funding talks. The company is gearing up for a Direct Shipping Ore operation to generate early revenue.

South Harz Potash Limited has made significant strides in its critical minerals strategy, securing new exploration licences in Sweden and uncovering promising copper, gold, and rare earth element mineralisation. The company also bolsters its leadership with a key board appointment as it prepares for a transformative 2026.

Corella Resources shifts exploration focus to Bonnie Rock and Earoo tenements while progressing a $1 million capital raise and exploring joint venture options for its Tampu Project.

Conico Ltd has finalised a major recapitalisation and corporate restructure, positioning itself for renewed exploration with a focus on scandium amid strong market demand. The company plans an extensive drilling program at its Mt Thirsty project to expand its scandium resource.

Audalia Resources has announced a maiden Ore Reserve for its Medcalf Titanium-Vanadium-Iron Project, supported by a robust January 2026 Pre-Feasibility Study update that highlights strong economic returns and a 9-year mine life.

Krakatoa Resources has reported significant high-grade gold and antimony assay results from its Phase 1 drilling at the Zopkhito Project in Georgia, alongside a 12-month extension to its option period. The company plans an expanded exploration program in 2026 aimed at delivering a JORC-compliant resource.

Matsa Resources reported solid progress at its Lake Carey Gold Project, delivering $11.73 million in gold sales and initiating new exploration drilling to boost its resource base.