Latest Farm Out Agreements News

Tamboran Resources has agreed to farm down a significant portion of its Beetaloo Basin acreage to Daly Waters Energy, unlocking a $28.5 million staged earn-in and aligning with a strategic joint venture involving Japan’s INPEX Corporation.

Buxton Resources has agreed to sell its 49% stake in the Copper Wolf joint venture to IGO for approximately A$6.15 million, while retaining full ownership of surrounding tenements and regaining strategic freedom in Arizona.

Elixir Energy has successfully completed its Teelba 2D seismic survey in Queensland’s Taroom Trough, acquiring critical data that could underpin a new contingent gas-condensate resource.

Iceni Gold has upsized its recent placement to nearly $1.76 million, securing additional funds to advance drilling and exploration at its flagship 14 Mile Well Gold Project in Western Australia.

S2 Resources has identified significant gold-arsenic and gold-antimony soil anomalies at its Silver Spoon project in Victoria, signalling promising exploration potential near major regional mines.

IRIS Metals has secured a farm-in agreement to earn up to 100% ownership of the Finley Basin Tungsten Project in Montana, marking a strategic expansion into a critical mineral vital for defence and advanced manufacturing.

Elixir Energy has begun mobilisation for a three-week 2D seismic campaign across its highly prospective acreage in Queensland’s Taroom Trough, aiming to advance gas resource appraisal and meet farm-in commitments with Santos.

Xenora Minerals announces the resignation of Managing Director Will Dix effective 31 March 2026, with the board initiating a search for his replacement as part of governance renewal.

Great Divide Mining and Dart Mining report record high-grade gold, silver, and antimony assays from ongoing drilling at the Banshee prospect, advancing the Coonambula project towards a maiden resource estimate.

Dart Mining NL has acquired the Skarn Ridge Copper-Gold and Mt Bauple Graphite projects in southeast Queensland for AUD 25,000, adding two exploration permits to its growing portfolio. This strategic move strengthens Dart’s regional presence and exploration pipeline in a historically mineral-rich area.

Encounter Resources is set to launch a major 2026 exploration program at its Jessica Copper Project in the Northern Territory, partnering with South32 to test multiple high-potential copper targets identified through recent geophysical surveys.

88 Energy advances its Namibia exploration with a planned high-resolution airborne survey and bolstered confidence from nearby successful drilling results.