Latest Northern Territory Projects News

Energy Metals Limited (ASX: EME) reported a 12% increase in uranium resources at its Bigrlyi Project to 10,900 tonnes U3O8, driven by successful drilling and modelling. The company plans to advance technical studies and further exploration in 2026, supported by a solid cash position and strategic backing from China General Nuclear Power Group.

Sabre Resources (ASX:SBR) has secured 80% stakes in two companies holding nearly 4,000km² of highly prospective gold and copper-gold projects in the Northern Territory, including drill-ready targets analogous to the Tennant Creek Mineral Field. A heavily supported $2 million placement will fund aggressive exploration including imminent drilling.

Bubalus Resources reports encouraging gold intercepts from maiden Avon Plains drilling while streamlining its portfolio to prioritise Victorian assets and critical minerals projects. The company maintains a solid $3 million cash buffer amid cost cuts and plans multiple exploration campaigns in the coming quarters.

DeSoto Resources significantly increased its exploration ground in Guinea's Siguiri Basin, adding 532km2 and identifying a 9km-long artisanal gold zone with assays up to 15.2g/t Au. The company maintains a robust cash position of A$11 million to support accelerated exploration.

Lithium Plus Minerals has appointed mining veteran Andrew Haythorpe as CEO, aiming to accelerate development of its flagship Lei Lithium Project. The move signals a strategic shift as Executive Chairman Dr Bin Guo steps back from daily operations.

Tamboran Resources Corporation has initiated an underwritten public offering of nearly 3 million shares to support expanded drilling and resource delineation in the Beetaloo Basin, alongside a concurrent institutional entitlement offer.

Prodigy Gold has updated its Hyperion Gold deposit resource, boosting indicated ounces by 70% to 212,000 ounces and increasing the total resource to 454,000 ounces. This reflects successful 2025 drilling and improved confidence ahead of a planned scoping study.

Sabre Resources reports significant rare earth, critical metals, and uranium anomalies from its Northern Territory projects, advancing plans for targeted drilling while maintaining a strong cash position.

DeSoto Resources has advanced its exploration in Guinea’s Siguiri Basin with a new JV alongside Fortuna Mining and impressive high-grade gold intercepts, supported by a recent $14 million capital raise.

Bubalus Resources has completed its maiden drilling program at the Avon Plains Gold Project, with assay results due soon, while advancing exploration across multiple Victorian and Northern Territory projects.

Sabre Resources has successfully raised $600,000 through a private placement to fast-track exploration of critical minerals in the Northern Territory's Ngalia Basin. The capital injection aims to bolster efforts in uncovering Rare Earths, Uranium, Copper, and Gold at the Dingo Project.

iTech Minerals has reported robust high-grade gold and antimony intersections from recent drilling at its Reynolds Range project in the Northern Territory, correcting historical data errors and boosting confidence in the deposit’s scale and predictability.