Latest Northern Territory News

Prodigy Gold NL has updated its Mineral Resource estimate for the Tregony Gold Deposit, reporting a 25% increase in gold ounces to 80,000oz, driven by 2024 drilling and a lower cut-off grade. The company plans further drilling in 2025 to build on this momentum.

Litchfield Minerals has revealed compelling assay results from its Phase 1 drilling at the Oonagalabi Project, confirming a large polymetallic copper-zinc system alongside a newly identified gold-silver-bismuth mineralisation linked to the Bomb Diggity magnetic intrusion.

Castile Resources has successfully detected Iron Ore, Copper, and Gold mineralisation at Pathfinder 38 using innovative Ambient Noise Tomography Survey technology, marking a first in exploration targeting. This breakthrough could redefine the company’s strategy to expand its Rover 1 style deposits.

Tamboran Resources has successfully closed the first tranche of its PIPE, raising US$38.7 million to advance its Beetaloo Basin projects, with a second tranche pending shareholder approval.

Tennant Minerals has secured $550,000 through a share placement to fund exploration and development at its Barkly copper-gold project, including the promising Bluebird discovery.

iTech Minerals has reinterpreted historical drilling data at its Sabre Gold-Antimony Prospect in the Northern Territory, expanding the known mineralised strike length from 500m to over 800m and identifying significant new drill targets.

Korab Resources has successfully renewed its Exploration Licence EL31341, extending its tenure at the mineral-rich Rum Jungle Project near Batchelor, Northern Territory. This renewal underpins ongoing exploration efforts in a highly prospective region.

Korab Resources has extended the completion date for the sale of its Geolsec mineral lease, securing higher royalty rates in the process. This move reshapes the financial terms of a key transaction tied to its Northern Territory phosphate project.

Greenvale Energy has completed extensive airborne magnetic and radiometric surveys over its Northern Territory uranium projects, setting the stage for targeted exploration and drilling.

Bubalus Resources has secured heritage clearance for a key 40-hectare area at its Yinnietharra Lithium Project, paving the way for exploration drilling at the promising Malinda East target adjacent to a major lithium deposit.

MLG Oz Limited has secured its first contract with mining giant Rio Tinto, marking a significant expansion into the Pilbara region with a $20 million haulage and site services deal.

Empire Energy Group Limited has opened a Share Purchase Plan (SPP) offering eligible shareholders the chance to invest up to $30,000 at $0.16 per share, matching a recent institutional placement price. The SPP includes free attaching options, subject to shareholder approval, to support key development projects in the Beetaloo Basin.