Latest Project Acquisition News

Dart Mining (ASX:DTM) has agreed to acquire a large, underexplored gold and lithium project near the Gruyere mine in WA’s Yamarna district, backed by a $2 million capital raise to fund exploration and acquisition costs.

Lodestar Minerals has taken a strategic step into Chile’s prolific copper belt by acquiring the Pacifico Cu-Mo-Au Porphyry Project, consolidating over 22 square kilometres of tenure with a rich historical drilling record. The company plans maiden drilling in the second quarter of 2027, aiming to unlock potential along a six-kilometre porphyry corridor.

Loyal Metals (ASX:LLM) schedules a key court hearing on 24 August to approve PT Bumi Resources’ A$79 million takeover scheme, with most conditions including shareholder approval and project acquisitions progressing smoothly.

Great Western Exploration (ASX: GTE) has entered a farm-in deal to earn up to 100% of the McKinlay Copper-Gold and Silver Project near Cloncurry, Queensland, targeting Ernest Henry-style IOCG and Cannington-style silver-lead deposits with a planned drilling campaign.

Nex Metals Explorations and Wangkatja Tjungula Aboriginal Corporation’s joint venture is set to acquire the East Scotia Gold Project, adding a strategically located asset with promising geology and minimal recent exploration to their portfolio.

Yari Resources (ASX: YAR) is set to double its Bowen Basin coal resource to over 500 million tonnes through a binding conditional acquisition of the Arcadia Coal Project, backed by a $2.2 million placement.

Codrus Minerals is set to acquire two promising copper and molybdenum projects in Australia and Peru, backed by a $2.5 million capital raise. The deal includes significant share issuance and performance rights tied to exploration milestones.

Medallion Metals has wrapped up all key regulatory hurdles for its Ravensthorpe Gold Project, clearing the way for mine development and early production activities to begin this year.

Riedel Resources has transformed into a multi-project gold explorer with the acquisition of controlling interests in the Cosmo and Mt Venn projects in Western Australia, complementing its Kingman asset in Arizona. The company is gearing up for maiden drilling and expanded exploration across its portfolio.

Nexus Minerals has completed nearly 22,000m of RC drilling at Wallbrook, delivering strong gold intercepts and setting up an updated resource estimate by September. The company also moved to acquire Northern Star's remaining 10% stake in the Pinnacles JV, consolidating full ownership.

Kaoko Metals has rapidly transitioned from IPO to active exploration in Namibia, securing key project acquisitions and fast-tracking maiden diamond drilling at its Chalkos Copper-Silver Project while confirming high-grade assays at Karibib.

Rokeby Resources (ASX: RKB) has secured the high-grade Omeo Gold Project, renewed a key mining licence, and launched a drilling campaign at Sunnyside to upgrade historical gold resources while raising $4.34 million.