Latest Northern Territory News

DeSoto Resources has reported compelling high-grade gold intercepts in Guinea’s Siguiri Basin alongside a $14 million capital raise and a strategic joint venture to accelerate exploration.

Tanami Gold NL reports significant gold intercepts from ongoing drilling at the Jims Gold Mine, while Mount Gibson Iron moves to acquire Northern Star’s stake in the Central Tanami Project joint venture.

Vintage Energy reported a 24% drop in quarterly sales revenue to $0.9 million alongside a 20% production decline, while initiating a Production Uplift Program targeting its Southern Flank gas fields and maintaining steady 2P reserves at 12.5 MMboe.

Encounter Resources has raised A$25 million through an institutional placement to fast-track its Aileron niobium-REE project and expand copper exploration across Western Australia and the Northern Territory.

Oceana Lithium advances exploration at its Bangemall, Solonópole, and Napperby projects, deploying new geophysical surveys and preparing trenching programs while maintaining a solid cash position of nearly AUD 2.9 million.

Metals Australia Limited has reported a 3.3-fold increase in its Lac Carheil Graphite project resource, now totaling 50 million tonnes at 10.2% graphite content, while progressing key studies for a battery anode material plant in Quebec.

Tungsten Mining NL reports strong progress on its Mt Mulgine Project, leveraging soaring tungsten prices and a new gold resource estimate to drive development. The company also raises $9.5 million and initiates a US OTCQB listing process.

Genesis Resources advances its exploration portfolio with 100% ownership of the Plavica project in North Macedonia and completes follow-up drilling in Australia, awaiting assay results.

Kingsland Minerals’ latest quarterly report confirms the economic viability of its Leliyn Graphite Project, producing ultra-high purity spherical graphite suitable for battery anodes. The company also advances gallium by-product testwork and completes a capital raise to support development.

Eclipse Metals has advanced its Greenland rare earths project with expanded drilling and a key licence renewal, while preparing for a NASDAQ dual listing to tap North American investors.

Lithium Plus Minerals is offering its shareholders a $3 million priority opportunity to invest in Moonlight Resources’ IPO, following Moonlight’s acquisition of the Clermont Gold Project. This move broadens Lithium Plus’s exposure beyond lithium into gold and rare earths through its 33.5% stake in Moonlight.

CuFe Ltd has announced a dramatic 400% increase in contained copper at its Gecko project, alongside an upgraded Orlando resource and a $5.4 million capital raise to advance its Tennant Creek development plans.