Latest Northern Territory News

Greenvale Energy has sharpened its uranium exploration focus with new step-out targets at Oasis and secured a critical exploration licence at Douglas River, while pushing its Alpha Project into product development.

KGL Resources delivers a robust Baseline Economic Model for its Jervois Copper-Silver-Gold Project, highlighting a pre-tax NPV8 of A$1.226 billion and a 37% IRR, underpinning imminent project financing and construction plans.

Australasian Metals continues to build on its Queensland gold assets with a new exploration permit application and ongoing drill planning at May Queen, while holding a solid cash reserve of $2.46 million and progressing lithium project discussions.

iTech Minerals is gearing up for a major drilling campaign at its Northern Territory gold-antimony project, while its South Australian graphite asset shows promising metallurgical progress towards battery-grade products.

Alligator Energy has moved into uranium extraction at its Samphire project, reporting initial Field Recovery Trial results that meet or exceed expectations and launching a Bankable Feasibility Study to underpin development.

Litchfield Minerals has completed a 3,000m drilling campaign at Oonagalabi with assay results due in May, while surface sampling at Silver Valley reveals exceptional silver and lead grades, highlighting promising polymetallic mineralisation.

Core Lithium has greenlit the restart of its Finniss Lithium Project with a fully funded A$290 million package, initiating mining activities and targeting spodumene concentrate production by September 2026.

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.

Deep Yellow Limited’s latest drilling at Namibia’s Tinkas Prospect confirms substantial uranium mineralisation, while a seismic survey in Australia’s Alligator River Project sharpens drill targeting for 2026.

Enova Mining has initiated a deep diamond drilling campaign at its Charley Creek Rare Earth Project in the Northern Territory, aiming to unlock the potential of deeper bedrock rare earth mineralisation following encouraging earlier air-core results.

Tivan Limited has delivered a pivotal feasibility study for its Speewah Fluorite Project, secured tranche funding totalling $16.3 million, and gained recognition from Japan and US governments as a key fluorite supplier. Concurrently, it expanded its portfolio with acquisitions and high-grade discoveries across tungsten and copper-gold projects.

Vintage Energy and Vault Energy have agreed to negotiate a gas sales deal for Cullen-1 gas, aiming to fuel modular data centres onsite if flow tests confirm commercial viability. Vintage plans to fund testing via farm-out once permit tenure is secured.