Latest Pine Creek News

Patronus Resources is taking a well-funded exploration campaign into a busy phase, with 30,000 metres of multi-rig drilling underway at Pine Creek and a stated $65 million in cash and investments. The investor presentation also highlights a 2.3Moz AuEq resource base, although parts of the portfolio rely on historical estimates and future WA work remains dependent on heritage access.

Patronus Resources has defined a new 1.5km-long gold anomaly at J25 in the Northern Territory, with surface assays reaching 0.99g/t Au. The result expands a growing target pipeline just as four drill rigs move from target generation to testing.

Greenvale Energy has updated assay data for its 9km uranium paleochannel target at the Thunderball Project in the Northern Territory, confirming anomalous uranium readings and progressing permitting for maiden drilling.

Greenvale Energy has identified a substantial 9km-long paleochannel uranium target at its Thunderball Project in the Northern Territory, setting the stage for maiden drilling and further geophysical surveys.

Greenvale Energy is pushing forward with its strategic acquisition of uranium rights at Pine Creek, aiming to create a 2,500km² contiguous exploration footprint alongside Douglas River. A critical shareholder vote is set for August 24 to approve the deal.

Patronus Resources’ first modern drilling at Davies No.2 in the Northern Territory yields significant shallow gold intercepts, validating historical data and setting the stage for expanded exploration across the Golden Dyke area.

Ausmon Resources has kicked off soil sampling over a 341 km2 tenement near Broken Hill, targeting base metals along key shear zones with initial pXRF screening guiding laboratory assays.

QEM Limited is moving forward with its acquisition of Freshwater Metals, securing past-producing tungsten and prospective fluorspar and niobium projects in Idaho, aligning with US efforts to bolster domestic critical mineral supplies.

Patronus Resources (ASX:PTN) is executing a major 30,000-metre multi-rig drilling campaign at its Pine Creek gold project, underpinning a 2.3 million ounce gold equivalent resource across its Northern Territory and Western Australia assets, supported by a robust $65 million cash position.

Patronus Resources is rapidly advancing exploration at its Pine Creek Project in the Northern Territory, unveiling a new 3km-long Golden Wall gold target and expanding multiple large-scale anomalies. Active drilling and high-grade sampling underpin a growing pipeline of prospects across its 1,500km² tenure.

PC Gold significantly boosted its Spring Hill gold resource by 84% to 1.51 million ounces, unveiling new mineralised zones and advancing its Pre-Feasibility Study, while securing strategic acquisitions to support development.

Greenvale Energy has secured $3.25 million through a placement to fast-track uranium exploration at its Thunderball Project in the Northern Territory, while also advancing its Pine Creek acquisition.