Latest Northern Territory News

Kingsland Minerals has raised $1.6 million through a share placement, with major shareholders increasing stakes, and appointed a new chairman as it prepares to start a pre-feasibility study at its Leliyn Graphite Project.

Tamboran Resources is set to acquire Falcon Oil & Gas, creating a dominant player with approximately 2.9 million net prospective acres in Australia's Beetaloo Basin. The deal, valued at over US$500 million pro forma, aims to strengthen Tamboran's development footprint and shareholder base.

Tamboran Resources' Beetaloo Joint Venture has reached a Final Investment Decision for the Shenandoah South Pilot Project, setting the stage for first gas sales by mid-2026. The project secures key commercial agreements and financing, marking a pivotal shift from exploration to production.

Metals Australia Ltd reveals a 3.3-fold increase in its Lac Carheil graphite resource alongside promising assay results for precious and base metals, setting the stage for value-added by-product recovery.

iTech Minerals has raised $1.4 million through a Share Purchase Plan, exceeding its $1 million target, to fund key drilling projects in the Northern Territory alongside a recent $2 million placement.

Tamboran Resources has achieved record natural gas flow rates in the Beetaloo Basin and advanced its drilling and infrastructure projects, positioning the company for first gas sales by mid-2026.

Tamboran Resources has reported record natural gas flow rates from its Shenandoah South 2H sidetrack well and initiated the largest drilling program ever seen in the Beetaloo Basin, alongside securing key approvals for gas sales.

Core Lithium has terminated its final spodumene offtake agreement with Ganfeng Lithium, unlocking full marketing flexibility for its Finniss Lithium Project and enhancing strategic funding options.

Bubalus Resources has initiated a maiden drilling program at its promising Crosbie North gold-antimony project, located just 15 km from the renowned Fosterville Gold Mine. The program targets strong geophysical anomalies and high-grade surface samples, with assay results expected by November 2025.

DeSoto Resources has reported the intersection of significant sulphide mineralisation in its ongoing drilling at the Spectrum Project in the Northern Territory, with assay results expected in October.

Far Northern Resources has completed a high-resolution LiDAR survey at its Bridge Creek project in the Northern Territory, revealing multiple historical gold workings and confirming key geological targets along the prolific Howley anticline. This advanced mapping sets the stage for targeted drilling and infrastructure planning.

Kingsland Minerals’ scoping study confirms the Leliyn Graphite Project in the Northern Territory as a low-cost, globally competitive graphite producer with strong financial metrics and growth potential.