Latest Joint Venture News

Koonenberry Gold has launched diamond drilling at the Postman’s Gully Prospect within its Enmore Project, targeting a promising parallel fault zone with historical high-grade gold. Early drill results reveal encouraging geological features, with assays expected by May 2026.

Strategic Energy Resources has secured over $400,000 in Queensland Government grants to fund drilling at its Diamantina Copper and Bulimba Gold projects, accelerating exploration efforts in two promising mineral provinces.

Kuniko Limited has discovered a new sulphide mineralised zone at Silica Hill, extending beyond previous models, as it wraps up its maiden Phase I drilling program. Assay results are expected soon, setting the stage for an expanded Phase II campaign.

Astral Resources reports strong assay results from its recent drilling at the Spargoville Gold Project, revealing significant high-grade gold mineralisation and expanding known deposits. Concurrent drilling at Mandilla advances resource confidence ahead of a major update later this year.

Athena Resources has entered a strategic joint venture with Terra Mining and Fenix Resources to accelerate development of premium magnetite concentrate at the Narryer Prospect, aiming for production by early 2028.

Native Mineral Resources (ASX: NMR) has updated its drilling results at the Podosky deposit in Queensland, confirming shallow, high-grade gold mineralisation that supports near-term open-pit mining plans. Mining activities are targeted to commence in April 2026.

Clover Corporation has reported a robust first half for FY26, with revenue climbing 17% and margins expanding significantly, underpinning a confident revenue forecast for the full year.

Emmerson Resources has invoiced $10.53 million from its joint venture partner as part of a minimum production payment, coinciding with its pending $311 million acquisition by Pan African Resources.

Power Minerals has signed a non-binding Term Sheet with Summit Explore to jointly develop the Salta Lithium Project in Argentina, aiming to deploy cutting-edge direct lithium extraction technology across multiple salars.

The Speewah Fluorite Project in Western Australia has been officially recognised by the Japanese and US governments as a critical minerals supply chain asset, signalling strong international support and potential financial backing.

LCL Resources has secured a transformative farm-in deal with Rio Tinto, which could see the mining giant earn up to an 80% stake in the promising Ono Project through substantial exploration funding and milestone payments.

Ardea Resources’ Kalgoorlie Nickel Project has been formally recognised in the Japan–US Critical Minerals Joint Fact Sheet, highlighting its strategic role in securing nickel and cobalt supply chains. This inclusion underscores growing international cooperation and significant funding commitments for the project’s development.