Latest Government Collaborations News

Ballymore Resources enters FY2027 with Dittmer moving towards underground resource drilling, bulk sampling and trial mining, while Torpy’s has emerged as a second high-grade polymetallic opportunity. The progress came alongside a $3.10 million loss, a $10.92 million royalty liability and a disclosed material uncertainty over ongoing funding.

Basin Energy has begun preliminary leachability and XRD studies at its Newmans rare earth discovery, with follow-up drilling assays due imminently. The early-stage program adds a recoverability test to a project already showing a 3.3 km mineralised corridor in northwest Queensland.

Everest Metals has appointed Hall Chadwick as exclusive strategic adviser to explore funding and commercial pathways for its Mt Edon rubidium project, focusing on US and allied market opportunities.

Metal Bank is pushing its Western Australian gold projects closer to production while expanding critical minerals exploration in Queensland, supported by a $1.2 million placement.

Lindian Resources reports strong construction and mining readiness progress at Kangankunde, maintaining its timeline for first production in late 2026 while advancing a major expansion study.

Micro-X has cleared a critical design review for its Full Body CT system, unlocking a $1.6 million milestone payment from US government partner ARPA-H and moving into prototype manufacturing.

Killi Resources has significantly extended the King Louie Breccia gold-copper-molybdenum anomaly at its Mt Rawdon West Project, setting the stage for imminent drill testing backed by government funding.

Tivan Limited has formalised binding joint venture agreements with Timor-Leste’s state-owned Murak Rai Timor to develop the Baucau and Ossu copper-gold projects, targeting maiden drilling at Ossu in late 2026.

Ballymore Resources has kicked off a detailed gravity survey across a 32km corridor at its Ruddygore Project, aiming to refine targets for silver-lead-zinc and skarn-porphyry deposits. Funded by $383,000 in Queensland government grants, the survey complements ongoing high-grade drilling at Torpy's.

Pure Resources has launched an integrated Defence Materials Platform Strategy for its Garnet Hills Project, leveraging US government collaborations to diversify from commodity mining into advanced defence supply chains.

Ballymore Resources is raising $3.24 million through a non-renounceable entitlement offer to fund drilling, geophysical surveys, and trial mining across key Queensland projects, including Dittmer and Ruddygore.

Strategic Energy Resources (ASX:SER) has locked in a $6 million joint venture with Sumitomo for its Bulimba Gold Project, secured $400,000 in government grants for drilling, and completed capital consolidation, positioning itself for a busy exploration season in Queensland.