Latest Joint Venture News

Amplitude Energy has agreed to buy half of the Artisan gas field from Beach Energy for $58.3 million upfront plus a capped royalty, accelerating gas production and enhancing the East Coast Supply Project’s economics.

Dreadnought Resources has secured a mining lease for its Metzke’s Find deposit within the Illaara Gold Project, a key step towards commercial production of its 14,900 oz high-grade gold resource. The lease enables infrastructure development and supports ongoing drilling that aims to expand the resource.

Platina Resources has struck a farm-in and joint venture deal with NE Minerals to advance the Brimstone Gold Project, shifting capital risk while retaining a 20% stake in the Western Australian asset.

Corella Resources has completed due diligence on the Chobe Project tenements, advancing its plan to acquire a 75% stake from Caprice Resources. The project, rich in carbonatite potential, awaits final capital raising and regulatory approvals.

Koonenberry Gold has identified a third major fault structure at its Enmore Project, with rock chip samples from Queen of Sheba returning up to 87g/t Au and historical samples up to 180g/t Au, underscoring the district-scale potential of the NSW project.

Tasman Resources appoints experienced director Adam Turnbull as it raises $4.05 million to fund expanded drilling at Parkinson Dam and Lake Torrens projects, positioning for a potentially transformative 2026 exploration year.

MetalsGrove Mining has identified extensive gold anomalous trends spanning 18km at its Zuénoula permit, setting the stage for multiple drill targets as soil sampling and assay results advance.

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.

Helix Resources has snapped up a half interest in the Weerianna Gold-Lithium Project in Western Australia’s West Pilbara, gaining exposure to a historical gold resource and promising lithium potential near a major lithium discovery.

Legacy Minerals has delivered a robust Scoping Study for its Mt Carrington gold-silver-copper project, confirming a high-margin 12-year operation with significant growth potential and manageable capital requirements.

Nex Metals Explorations and the Wangkatja Tjungula Aboriginal Corporation have formalised a joint venture to combine WTAC’s capital and cultural knowledge with Nex Metals’ technical expertise to pursue gold projects in Western Australia.

Advance Metals Limited (ASX:AVM) is acquiring the remaining 20% of its Myrtleford and Beaufort gold projects, moving to 100% ownership following a string of high-grade drill results and promising metallurgical recoveries at Happy Valley.