Latest Pilot Production News

Nanoveu’s subsidiary EMASS has partnered with Arrow Electronics to accelerate the deployment of its ultra-low-power ECS-DoT edge AI chip, aiming to simplify always-on AI integration across multiple industries.

Everlast Minerals Ltd has successfully completed its IPO, raising $6 million and commencing ASX trading under ticker EV8, setting the stage for advancing its mineral sands projects in Bangladesh.

TMK Energy has successfully drilled and commissioned its LF-07 pilot well, boosting gas production at its Gurvantes XXXV Coal Seam Gas project in Mongolia. The company also secured $3.5 million in oversubscribed funding and formed a strategic alliance to advance development plans.

EV Resources has made significant strides in its antimony projects across Mexico and the US, securing a processing plant and planning a maiden drill program at Los Lirios, positioning itself for near-term production.

Beetaloo Energy has completed the largest hydraulic fracture stimulation in Australian history at its Carpentaria-5H well, advancing its pilot project and gas plant construction amid pending regulatory approvals.

Jade Gas Holdings has raised A$5 million through a placement to advance commercial gas production at its Red Lake field, with a follow-up Share Purchase Plan aiming to raise an additional A$2.1 million.

Locksley Resources has produced a high-grade antimony concentrate exceeding market standards from its Desert Antimony Mine in California, marking a significant step toward a fully domestic US antimony supply chain.

LTR Pharma has increased its ownership in LevOmega to approximately 43% through a strategic A$1 million investment, reinforcing its commitment to sustainable, pharmaceutical-grade omega-3 development.

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.

TMK Energy has successfully raised $3.5 million through an oversubscribed placement, setting the stage for commercial production and exploration at its Gurvantes XXXV Coal Seam Gas Project.

Kinetiko Energy has secured a crucial two-year renewal of its South African exploration rights, advancing its pilot production and development plans amid promising drilling results.

TMK Energy’s LF-07 pilot well at the Gurvantes XXXV Coal Seam Gas Project is producing over 100 cubic metres of gas daily, driving a doubling of total pilot well output since recent drilling. This milestone sets the stage for further production increases as reservoir management advances.