Latest Northern Territory Projects News

Sabre Resources is poised to kick off a major drilling campaign at its Kurundi North Project, aiming to unlock copper-gold deposits analogous to Tennant Creek. This follows a transformative acquisition pending shareholder approval and includes government-backed funding for follow-up diamond drilling.

Far Northern Resources has increased the Mineral Resource Estimate at its Bridge Creek Central Gold Deposit by 31%, lifting contained gold ounces to 93,000 and total Northern Territory project ounces to 117,000. The resource remains open for expansion, underpinning plans for early mining studies.

Prodigy Gold’s scoping study for the Hyperion Gold Deposit confirms a viable open pit project with a 4-year mine life and strong financial metrics, underpinned by a 454,000-ounce resource.

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.