Latest Farm Out Agreements News

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.

Iceni Gold’s latest diamond drilling at the Guyer prospect within its 14 Mile Well Project has refined the understanding of gold mineralisation controls, confirming structural complexity and leaving key targets open for further exploration.

QX Resources has raised $1.23 million through a placement to fund exploration at its promising Madaba Uranium Project in Tanzania, setting the stage for a heli-borne survey and maiden drilling program this year.

Mount Hope Mining (MHM) showcased strong drilling outcomes at its Mt Solitary gold project, reinforcing its strategic foothold in the prolific southern Cobar Basin. The company is advancing exploration with a clear pathway to resource definition and regional consolidation.

Aura Energy advances its Tiris Uranium Project in Mauritania and secures strategic investment for its Häggån Polymetallic Project in Sweden following the lifting of Sweden’s uranium mining ban.

Riversgold has locked in a full funding and operational deal with MEGA Resources for its Northern Zone Gold Project near Kalgoorlie, while also advancing exploration in Canada and raising $2 million to fuel growth.