Latest Due Diligence News

Hot Chili Limited has reported a significant expansion of its high-grade copper-gold discovery at La Verde, Chile, supported by robust diamond drilling results. The company is advancing its Costa Fuego Project with promising pre-feasibility outcomes and progressing strategic partnerships.

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.

Discovery Alaska Limited has progressed its option to acquire the Boulder Creek Gold-Silver Project in Idaho, completing due diligence and expanding claims, while maintaining a cautious financial position with limited cash reserves.

Kore Potash has made significant progress on its Kola Potash Project with key engineering tests and marine drilling underway, while advancing a Formal Sale Process and securing a $12.2 million capital injection.

Australian Oil Company Limited (ASX, AOK) has secured key assets in Queensland's Surat Basin and completed a strategic acquisition in California, positioning itself for near-term production growth and exploration upside.

Altamin Limited progresses its Lazio geothermal lithium and SOP project with key technical studies and grant funding, while advancing a strategic sale process for its Gorno polymetallic project. The company bolsters its balance sheet through a successful entitlement offer raising A$5.39 million.

Fin Resources Limited has made significant progress in acquiring the Cabin Lake Gold Project in Canada, securing funding and gearing up for a maiden drilling campaign in early 2026. The company highlights strong local partnerships and promising high-grade gold mineralisation.

Botala Energy is progressing its Serowe Coal Bed Methane project in Botswana, backed by a significant investment from the Mineral Development Company of Botswana and aiming for first gas production in 2026 to help address Southern Africa’s looming gas shortage.

Flagship Minerals has completed a $2.5 million strategic investment from Xinhai, accelerating progress on its Pantanillo Gold Project in Chile with key milestones including a JORC resource update and environmental studies underway.

Manuka Resources has secured a US$22.5 million loan facility and completed a A$15 million capital raise, positioning itself for a production restart in late Q2 2026 amid soaring silver and gold prices.

Coppermoly Limited has progressed its acquisition of the Wyenamdoo tungsten project in Western Australia while Queensland fieldwork was stalled by wet weather. The company plans significant drilling targeting critical minerals as tungsten prices surge.

Tartana Minerals has reported promising exploration results at Cardross, supporting resource expansion and plans to scale up copper sulphate production. The company is also advancing a joint venture with Alt Resources to accelerate strategic metals exploration.