Latest Divestments News

Lion Rock Minerals reported strong high-grade rutile and heavy mineral results at its Minta Project in Cameroon, expanding infill drilling and commissioning an in-country lab ahead of a maiden resource estimate targeted for H2 2026.

NH3 Clean Energy has marked strong progress in its WAH2 clean ammonia project by appointing Linde Engineering for FEED and securing a 15-year water supply agreement, setting the stage for a final investment decision by year-end.

King River Resources Ltd (ASX: KRR) has completed its acquisition of the Mindoolah Gold Project in Western Australia’s Murchison Province, unveiling a sophisticated exploration program leveraging digital twin technology and high-resolution geophysics to target substantial unmined high-grade gold mineralisation.

Trek Metals has confirmed exceptional manganese grades at its Kuro Prospect, secured expanded tenure, and completed a $15 million capital raise to fund maiden drilling starting May 2026.

Kingfisher Mining has confirmed high-grade copper-gold mineralisation at Copper Blow, secured a processing deal with Broken Hill Mines, and completed its Gascoyne REE divestment, sharpening its NSW focus.

Miramar Resources has completed a 19-hole RC drilling program at its Gidji JV Gold Project, revealing extensive shallow gold mineralisation including high-grade hits. The company also progressed project sales and acquisitions, supported by a $1.49 million capital raise and board reshuffle.

Raiden Resources is pushing forward with its Crixás Gold Tailings Project in Brazil, planning a 1,000m drilling program to establish a JORC Mineral Resource Estimate and aiming for a Final Investment Decision with less than A$1 million in preliminary costs. Meanwhile, exploration at its Vuzel Gold Project in Bulgaria progresses with permitting for a silver anomaly drill program.

Flynn Gold has reported standout assay results from its Tasmanian projects, including exceptional silver-lead-zinc grades at Silver King and significant tungsten-gold mineralisation at Firetower and Warrentinna, underpinning a ramp-up in drilling and regional exploration.

Marvel Gold has completed an extensive drone magnetic survey at its Hanang Gold Project in Tanzania, revealing new mineralisation corridors and preparing to launch its first drilling campaign. Meanwhile, the company is exiting Mali due to regulatory hurdles, progressing the sale of its Yanfolila project.

Albright Metals delivers strong high-grade gold results from its Golden Pike Project in Canada while boosting its balance sheet through a $1.8 million tenement sale to Catalyst Metals, sharpening its focus on high-impact assets.

Diatreme Resources reported a $745,000 net loss for FY 2025 but strengthened its financial footing through asset sales and an IPO stake. The company’s Northern Silica Project and Cyclone Zircon Project showed significant technical progress, while a major Cape Flattery asset sale aims to streamline operations and unlock funding.

Hamelin Gold is gearing up for a busy 2026 with planned drilling across three key Western Australian gold provinces, underpinned by a solid cash position and strategic asset sales.