Latest Northern Territory News

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.

Kingsland Minerals reports outstanding graphite assay results from its Leliyn project, advancing metallurgical testing with Quinbrook to assess battery anode material potential.

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.

Tivan Limited has committed up to $1 million over four years to support Indigenous communities through a partnership with the Central Land Council, reinforcing its responsible mining approach in Central Australia.

New Frontier Minerals has confirmed significant high-grade tungsten mineralisation at its Harts Range Project in the Northern Territory, complementing its rare earth focus and capitalising on a soaring tungsten market. Meanwhile, its Pomme Rare Earth Project in Quebec advances with promising metallurgical testing underway.

PC Gold has extended the Main Zone strike at its Spring Hill Gold Project by 80 metres south, revealing high-grade gold mineralisation within the existing open pit footprint. This discovery could significantly enhance the project’s resource base and economics as drilling continues.

Echelon Resources has agreed to sell its 19.99% stake in Cue Energy to Horizon Oil and plans to accept Horizon’s takeover offer for the remaining shares, pending regulatory approvals.

Horizon Oil has made a strategic move to acquire the remaining shares of Cue Energy Resources with an offer valuing Cue shares at approximately 14.3 cents each, representing a notable premium. This bid aims to create a larger, more diversified oil and gas entity with potential annual synergies of up to A$2 million.

Litchfield Minerals has released new induced polarisation survey results that reinforce and expand the mineral systems model at its Oonagalabi Project, Northern Territory, ahead of resumed diamond drilling.

PC Gold has confirmed a new high-grade gold discovery at its Spring Hill Project, with assays revealing impressive grades over significant widths in the Macau Link Zone. This breakthrough could reshape the mine’s future resource and development plans.

Echelon Resources Limited reported a robust 7% revenue increase and a 61% rise in net profit after tax for H1 2026, driven by higher gas prices and strong field performance. The company also declared an interim dividend amid ongoing legal uncertainties.

Energy Resources of Australia reported a significantly reduced net loss of $50 million for 2025, driven by rehabilitation provision adjustments and higher interest income. Meanwhile, rehabilitation delays and Rio Tinto’s compulsory acquisition efforts highlight ongoing operational and ownership challenges.