Latest Due Diligence News

Resolution Minerals is fast-tracking development of the historic Golden Gate Tungsten Mine in Idaho, leveraging expert geological insight and acquiring a nearby processing mill and stockpiles amid soaring tungsten prices.

Neometals has reported promising gold assay results from its Barrambie drilling program and secured substantial conditional funding for its Vanadium Recovery Project in Finland, while progressing new critical minerals opportunities in the US.

Codeifai Limited has responded to an ASX price query denying any undisclosed information behind recent unusual trading activity, while highlighting its nearing completion of the Antenna Transfer acquisition.

NH3 Clean Energy has marked significant progress in its WAH2 clean ammonia project, securing major offtake agreements and government facilitation support alongside a $4 million institutional funding round.

Gold Mountain Limited has agreed to sell its Papua New Guinea exploration licences for $2 million, redirecting funds to advance its promising Brazilian projects and strengthen working capital.

Oceana Metals has completed trenching at its Solonópole lithium project in Brazil with assay results pending, while conducting technical reviews of its Australian base and precious metals projects.

Noronex Limited has accelerated its drilling programs across key Kalahari Copper Belt projects, secured a strategic placement, and agreed to sell its Witvlei asset, positioning itself for uranium exploration in Namibia.

Eagle Mountain Mining has launched a Placement Options Offer for 61.3 million options attaching to recent placement shares, potentially raising $1.23 million upon exercise. The offer supports ongoing exploration and strategic initiatives in Arizona copper projects.

VRX Silica Limited has locked in six binding offtake contracts totaling nearly 1 million tonnes per annum and appointed a new CEO, marking significant progress for its Arrowsmith North silica sand project.

Larvotto Resources is on track to restart production at its Hillgrove Antimony-Gold Project by mid-2026, while progressing metallurgical testing at Eyre and due diligence on a copper acquisition at Mt Isa.

Buru Energy advances its Rafael Gas Project with strong funding interest and a $2.35 million capital raise, setting the stage for critical 2026 drilling and resource validation.

Forrestania Resources has agreed to acquire key gold tenements from Gibraltar, consolidating its Coolgardie Hub footprint with a $2.5 million share deal plus contingent payments tied to resource discoveries.