Latest Mining Lease News

Forrestania Resources has launched a conditional all-scrip takeover offer for Kula Gold, valuing the company at approximately $42.7 million. The Kula board unanimously recommends acceptance, highlighting strategic regional consolidation and operational synergies.

Global Lithium Resources has released a Definitive Feasibility Study for its Manna Lithium Project, confirming robust financials and a long mine life in Western Australia. The study sets the stage for a Final Investment Decision in 2026 amid improving lithium market conditions.

Kula Gold Limited’s board unanimously recommends shareholders accept Forrestania Resources’ off-market takeover offer, valuing Kula shares at a significant premium and promising reduced funding risks and exposure to a stronger combined gold portfolio.

Orange Minerals NL has commenced a 650m diamond drilling program at its Lennon’s Find polymetallic project in Western Australia, targeting a deep geophysical anomaly that could reveal new mineralisation beneath an existing resource.

Polymetals Resources has raised $34.4 million through a share placement to boost exploration and production at its Endeavor Silver Zinc Mine, attracting strong institutional demand.

Odyssey Gold has reported strong reverse circulation drilling results at its Tuckanarra Project, reinforcing the existing resource model and advancing plans for a resource upgrade. The Highway Deposit continues to demonstrate promising grade continuity and open pit potential.

Zuleika Gold Limited has nearly doubled the mineral resource at its Credo Well Gold Project to 22,500 ounces, with mining lease applications underway and detailed mining studies planned for next year.

Astral Resources has completed a comprehensive in-fill drilling program at its flagship Theia Deposit within the Mandilla Gold Project, confirming robust high-grade gold mineralisation that underpins the Stage 1 starter pit. The results reinforce the project’s strong economic potential as it advances towards production.

High-Tech Metals Ltd reports impressive high-grade gold rock chip results at its Mt Fisher project, setting the stage for imminent infill drilling at the Wagtail deposit to refine resources and advance development.

Native Mineral Resources Holdings Limited has entered a binding joint venture with Haoma Mining NL to develop the Ravenswood Gold Project, leveraging NMR’s Blackjack Operations as a regional processing hub.

Larvotto Resources has secured an exclusive option to acquire the historically mined Blockade Mine in Mt Isa, Queensland, with plans for a targeted drilling program to validate and expand known copper mineralisation. This move could pivot Larvotto’s Mt Isa project from exploration to development.

Green Technology Metals has appointed Altris Engineering to complete the Definitive Feasibility Study for its Seymour Lithium Project in Ontario, advancing towards a mid-2026 Final Investment Decision amid a disciplined cash strategy.