Latest Joint Venture News

Triangle Energy and its joint venture partners have been awarded two offshore service contracts in the underexplored Sandakan Basin, Philippines, holding significant contingent gas and condensate resources. These contracts mark a strategic expansion into a promising region with multi-TCF exploration upside.

Dart Mining reports outstanding surface rock chip sampling results from its Coonambula project in Queensland, revealing high-grade antimony, gold, and silver assays that underscore the site's exploration potential.

Kinetiko Energy hosts senior South African government dignitaries at its Brakfontein gas project, highlighting record gas flows and plans for a pilot LNG plant to address the country’s energy crisis.

Bindi Metals Limited has agreed to acquire up to an 80% interest in the Ravni gold project in Serbia’s prolific Raska mining district, accompanied by a $2.5 million capital raising to fund exploration activities.

MRG Metals has kicked off exploration at its Adriano rare earth licence in Mozambique, aiming to unlock district-scale potential alongside the adjacent Fotinho licence. Early sampling results show promising grades, setting the stage for a significant discovery.

Mammoth Minerals has intensified its exploration at the Excelsior Gold-Silver Project with a second drill rig, aiming to deliver its first resource estimate by Q4 2025. A comprehensive magnetics survey further sharpens targeting across multiple mineralised trends.

Astral Resources reports strong assay results confirming gold mineralisation extensions at its Spargoville Gold Project, while advancing drilling at Mandilla and completing lithium exploration under a joint venture.

Marmota Limited’s maiden drilling program at the Greenewood gold project in South Australia has delivered exceptional bonanza-grade gold intersections, extending a high-grade mineralised zone over 900 metres. The latest assay batch includes the highest 4m gold intersection recorded at Greenewood, underscoring the project’s growing potential.

Winchester Energy has commenced drilling the JVU-5 well in its Varn waterflood project in Texas, marking a key step in unlocking over one million barrels of oil equivalent reserves. The operation underscores the company’s commitment to expanding its US production footprint.

Hastings Technology Metals has responded to an ASX price query, denying any undisclosed information behind its recent share price and volume spike, citing recent joint venture and asset sale announcements as likely drivers.

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

First Au Limited’s initial drilling results at the Nimba Gold Project in Liberia reveal broad zones of gold mineralisation, validating geological models and hinting at significant resource potential.