Latest Tenement Acquisition News

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Strata Minerals has launched fieldwork at the expanded Zelica South Project following a strategic tenement acquisition, aiming to unlock new high-grade gold targets along an 8km mineralised corridor.

TechGen Metals has acquired 100% of the Mt Boggola East copper-gold-silver project in Western Australia, adding a key tenement adjacent to its existing holdings. Historic drilling highlights significant high-grade copper mineralisation, setting the stage for imminent exploration.

St Barbara Limited has expanded its Nova Scotia exploration portfolio with 44 new targets near its 15-Mile Processing Hub, aiming to extend the mine life beyond 11 years. The company has acquired 174 exploration licences and plans extensive drilling and sampling in 2026.

Terra Metals’ latest drilling results at Reef 2 (Hyperion) within the Dante Project reveal thick, continuous, high-grade polymetallic mineralisation from surface, reinforcing the project’s scale and economic potential.

Black Cat Syndicate has completed a strategic acquisition of tenements adjacent to its Lakewood facility, significantly extending tailings storage capacity and paving the way for increased gold production.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

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.

Tusker Minerals has reported significant progress in its Cameroon and Malawi projects, confirming promising graphite and rutile mineralisation and expanding its tenement holdings. The company’s strategic corporate moves and infrastructure investments position it for a transformative 2026.

Moab Minerals has terminated its acquisition of the Sasare Cu-Au Project in Zambia and is now concentrating on advancing its Manyoni Uranium Project in Tanzania, buoyed by strong uranium prices and strategic tenement acquisitions.

Peregrine Gold has identified a second large-scale, high-grade Channel Iron Deposit near Newman, Western Australia, while expanding its Rocklea Gold Project footprint and maintaining a strong cash position.