Latest Northern Territory News

DeSoto Resources has completed a 4,388-metre drilling program at its Spectrum Project in Australia's Northern Territory, revealing limited gold and rare earth element mineralization. The company will now pivot its exploration efforts to its Siguiri Basin Projects in Guinea, while exploring joint venture or divestment options for its Northern Territory assets.

Kingsland Minerals has initiated a Pre-feasibility Study for its Leliyn Graphite Project and commenced key metallurgical testing with offtake partner Quinbrook, aiming to produce battery-grade spherical graphite.

Panther Metals has completed a $315k shortfall placement, bolstering its funding as it plans deeper drilling at Burtville East and initiates a strategic review of its Coglia project in response to soaring cobalt prices.

DevEx Resources has successfully raised nearly $7 million through an oversubscribed Share Purchase Plan, significantly exceeding its initial $3 million target to fund expanded uranium exploration in Australia’s Northern Territory.

Elevate Uranium has expanded its global uranium resource base to 169 million pounds of U3O8 through the strategic acquisition of the Napperby Uranium Project and complementary assets from Core Lithium. This move consolidates its Central Australian portfolio and leverages its proprietary U-pgrade™ beneficiation technology.

Elevate Uranium Ltd has expanded its global uranium resource to 169 million pounds of U3O8 through the acquisition of the Napperby Uranium Project and complementary assets from Core Lithium Ltd. This move consolidates its Central Australian portfolio and leverages its proprietary U-pgrade™ beneficiation technology.

Central Petroleum has secured strategic interests in the Cooper and Otway Basins through binding agreements with ADX Energy, setting the stage for a multi-million dollar expansion and planned drilling campaigns in 2026 and 2027.

Beetaloo Energy’s Carpentaria-5H well has delivered one of the highest gas flow rates in the Beetaloo Basin, showcasing promising long-term productivity and paving the way for pilot gas sales in 2026.

Central Petroleum has amended its sub-salt exploration permit sale, excluding the EP82 permit and retaining Helium Australia Pty Ltd, while anticipating a $4.2 million impairment charge in FY26.

Metals Australia reports highly anomalous copper, cobalt, zinc, and bismuth geochemical results from initial drilling at Warrego East, Northern Territory, suggesting potential for deeper Tennant Creek-style copper-gold deposits.

Patronus Resources has completed a comprehensive surface sampling program at its Pine Creek Project, revealing new high-priority gold anomalies and setting the stage for an ambitious drilling campaign in 2026.

Cue Energy Resources and partners have signed a Letter of Intent with the Northern Territory’s Power and Water Corporation to kickstart a four-well drilling program at Mereenie and Palm Valley, aiming for gas supply contracts through 2034.