Latest Milestone Payments News

Clara Resources has agreed to sell its Kildanga nickel-cobalt project for up to $1.75 million, marking a strategic shift to focus on its Mareeba gold exploration in Queensland.

Corazon Mining Limited has secured rights to apply for exploration licences covering 537 km² in the Plutonic Marymia Greenstone Belt, following a withdrawal agreement with IGO Limited that includes access to proprietary historical data.

Ore Resources Ltd has acquired four new prospecting licenses adjacent to its Coolgardie Gold and Lithium Project, expanding its landholding to over 80 square kilometres. The company plans systematic exploration targeting promising historical gold intercepts, with drilling set for early Q3 2026.

Micro-X has reached a key development milestone with the completion of its first Full Body CT laboratory test bench, securing a $1.6 million payment from US government partner ARPA-H and advancing its innovative medical imaging program.

Cadoux Ltd has secured a $600,000 milestone payment from the Western Australian Government’s Investment Attraction Fund, marking significant progress in its high purity alumina project development.

Delorean Corporation has secured a $1.1 million milestone payment from ARENA, marking significant progress on its SA1 Salisbury bioenergy facility. Construction advances and long-term contracts position the project for renewable gas production in South Australia.

Noronex Limited has received the first A$1.25 million tranche payment from Joint Era Mining following due diligence completion on the Witvlei Copper Project sale, boosting its cash reserves and advancing its strategic focus.

Bio-Gene Technology Limited reports strong progress in toxicology studies for Flavocide, targeting its first regulatory submission in Australia by March 2027. This milestone sets the stage for global registrations of the novel insecticide with a new mode of action.

Avecho Biotechnology has completed recruitment for the interim analysis cohort of its pivotal Phase III trial for a CBD insomnia treatment, with results expected in June 2026. This milestone could significantly de-risk the program and unlock major market opportunities.

Dreadnought Resources has agreed to acquire 12 tenements adjacent to its Mangaroon project, consolidating a significant rare earth mineralised strike and unlocking new potential for tungsten, copper, and gold in Western Australia.

New Age Exploration appoints seasoned geologist Kirby Johnson as CEO and acquires the promising Wallah Silver Project in NSW, complementing positive drilling results at its Wagyu Gold Project in Pilbara.

Kingfisher Mining has agreed to sell its Gascoyne rare earth elements project to Dreadnought Resources for $2 million in shares plus milestone payments, freeing capital to advance its copper-gold portfolio in New South Wales.