Latest Exploration And Acquisition News

Gateway Mining Limited has agreed to acquire Strickland Metals’ Yandal Gold Project for $45 million in shares, adding a 400,400-ounce inferred gold resource to its portfolio. The acquisition, pending shareholder approvals, positions Gateway for significant exploration and development in Western Australia’s prolific goldfields.

Dalaroo Metals has launched its maiden exploration program at the Blue Lagoon project in Greenland, targeting zirconium, niobium, and rare earth elements. Led by seasoned geologist Ole Christiansen, the program aims to validate promising historical geochemical anomalies and assess low-cost mining potential.

Askari Metals is advancing its African exploration strategy with detailed field campaigns targeting tin, tantalum, and gold mineralisation in Namibia and Ethiopia, while evaluating strategic acquisitions to bolster its portfolio.

Firetail Resources has identified an 800-metre strike of high-grade copper-only mineralisation at the Earl’s Target within its Skyline Copper Project in Newfoundland, bolstering the case for Cyprus-style VMS deposits in the region.

Tourism Holdings Limited has received a conditional, non-binding takeover proposal from a consortium led by BGH Capital and the Trouchet family, signaling a possible shift in ownership for the global RV rental giant.

Australian Critical Minerals has agreed to acquire Circuit Resources, gaining a substantial portfolio of gold, copper, silver, zinc, lead, and lithium projects in Peru, unlocking immediate drill-ready targets with significant exploration upside.

Pursuit Minerals has dispatched high-purity lithium carbonate samples from its Argentine pilot plant to potential partners, advancing feasibility studies for a 5,000tpa operation while exploring strategic acquisitions in precious and base metals.

G11 Resources has appointed Martin Donohue as Executive Chairman to fast-track exploration at its Wilandra VMS Copper project while its CEO steps down, signaling a strategic pivot.

Credit Clear Limited confirms it remains on track to meet its FY25 earnings guidance, buoyed by strong client growth and cost-cutting measures, even as revenue forecasts are revised downward due to timing delays.

Bryah Resources has requested an immediate suspension of its shares on the ASX as it prepares to announce a significant acquisition. The suspension follows a recent trading halt and is expected to last until the announcement or the resumption of trading on May 21.

Alvo Minerals is set to become a leading Brazilian explorer with its proposed acquisition of the Lavra Velha Gold Project, complementing its strong copper-zinc and rare earth portfolios.

Evergreen Lithium Limited has acquired the Leonora Goldfields Project in Western Australia, marking a strategic pivot into gold production with a JORC-compliant inferred resource of 63,000 ounces and exploration upside of up to 592,000 ounces.