Latest Farm Out Agreements News

Charger Metals has launched a fresh reverse circulation drilling campaign at its Lake Johnston project, targeting overlooked gold and lithium zones with backing from Rio Tinto Exploration. Historic gold intercepts at the Richard Gold Prospect are now being revisited after a decade-long hiatus.

Dart Mining’s first drill hole at Great Divide Mining’s Coonambula project reveals impressive high-grade antimony and gold assays, validating the joint venture’s exploration strategy and promising further resource development.

Charger Metals NL has reported a maiden inferred lithium resource of 8.2 million tonnes at its Lake Johnston project, backed by Rio Tinto's $1.1 million exploration funding. A new drilling program is underway, aiming to expand lithium and gold prospects in Western Australia.

Legacy Minerals reports multiple high-priority exploration targets at Mt Carrington with drilling underway and a metallurgical study initiated, alongside encouraging assay results at Thomson and a major PGE drill campaign at Fontenoy.

Arcadia Minerals has secured a binding farm-in agreement with Kaoko Metals for its Karibib Copper Gold Project, unlocking immediate cash and future equity incentives while advancing exploration partnerships across its Namibian portfolio.

Stonehorse Energy reported steady production and revenue growth in Q3 2025, driven by strong Canadian operations, while advancing a new drilling farm-in in Alberta.

Riversgold has secured a full funding and operational partnership with MEGA Resources for its Northern Zone Gold Project near Kalgoorlie, while also farming out its Saint John project in Canada to AIS Resources. The company raised A$1.8 million to advance exploration and development.

Helios Energy has restarted production at its Texas Presidio wells and identified new drilling targets, setting the stage for a dual-track development strategy that balances early cashflow with longer-term growth.

Winchester Energy reported a slight dip in production but secured a strategic 30% farm-out deal for its Varn waterflood project, alongside significant board restructuring.

Blue Energy has been granted a critical petroleum lease in Queensland and completed a $5.8 million capital raise, positioning itself to meet rising gas demand aligned with the Queensland Government’s new Energy Roadmap.

GBM Resources has launched a major drilling campaign at its Twin Hills gold project and raised A$40 million to fund exploration and development across its Drummond Basin portfolio.

Silver Mines Limited progresses regulatory approvals for its flagship Bowdens Silver Project in NSW, secures $34 million through capital raising, and acquires promising US exploration assets, setting the stage for growth.