Latest Farm Out Agreements News

Encounter Resources has launched a strategic review of its copper assets across Western Australia and the Northern Territory, aiming to accelerate project development amid promising drilling results at its Yeneena Copper Project and other key sites.

Dreadnought Resources has identified multiple strong gold-in-soil anomalies spanning a 20-kilometre strike at its Mangaroon Gold Project, marking the first modern gold exploration in this historically overlooked area.

Great Western Exploration (ASX: GTE) has entered a farm-in deal to earn up to 100% of the McKinlay Copper-Gold and Silver Project near Cloncurry, Queensland, targeting Ernest Henry-style IOCG and Cannington-style silver-lead deposits with a planned drilling campaign.

Iceni Gold Limited has secured $700,000 through a placement supported by strategic investor Gold Fields, which now holds about 9.5% of the company. The funds will accelerate exploration at key prospects within its 14 Mile Well Gold Project in Western Australia.

Aura Energy has locked in a commercially proven processing flowsheet for its Tiris Uranium Project and signed a non-binding MOU with a major nuclear utility, aiming for a binding agreement and Final Investment Decision by year-end 2026.

Legacy Minerals delivers a robust scoping study for Mt Carrington with A$514 million pre-tax NPV, confirms a new gold-silver discovery at Mascotte, and advances multiple drilling programs across NSW projects.

Arcadia Minerals is progressing financing talks for its Swanson Tantalum Project amid a tantalum price rally, while defining drill targets for its nickel and lithium projects in Namibia.

White Energy's latest drilling at Mount Rainbow-Specimen Hill reveals a complex hydrothermal system with promising copper, gold, and silver mineralisation, sharpening focus on the Southern Copper prospect.

88 Energy has boosted its South Prudhoe oil prospects by 35%, securing key assets and advancing drilling plans for Q1 2027 while reducing capital risk in Namibia.

Novo Resources has validated a significant hydrothermal system at its Wyloo Polymetallic Project through maiden drilling and identified new IOCG-style targets at Toolunga, broadening its exploration pipeline in Western Australia.

Hillgrove Resources boosted copper production and cash flow in the June quarter, hitting a 1.8Mtpa run rate at Kanmantoo and securing approval for the Emily Star underground development.

LCL Resources has been granted the Kau Creek Exploration Licence in Papua New Guinea, consolidating its tenure over a significant mineralised corridor with historic high-grade gold and silver results. The milestone triggers a A$200,000 payment from Rio Tinto under their farm-in agreement, setting the stage for expanded exploration.