Latest Project Acquisition News

Orange Minerals NL has raised $810,000 to fund exploration and due diligence on its new Tepa Gold Project acquisition in Ghana, while advancing promising Australian projects with notable assay results.

Lightning Minerals has completed a pivotal site visit to the Mt Turner Gold Project in Queensland, confirming multiple promising drill targets along the 14km Drummer Fault. With soil sampling underway and a 1,000m drilling program planned post-EGM, the company is poised to unlock significant gold and copper potential.

Middle Island Resources reports progress on its Northern Territory and Queensland projects, highlighting new exploration targets and a solid cash position as it plans next drilling phases.

Midas Minerals has revealed widespread copper mineralisation extending over a 2km strike at its South Otavi Project in Namibia, setting the stage for imminent drilling campaigns. The discovery complements ongoing exploration and the pending acquisition of the larger Otavi Project, promising significant growth potential.

Macro Metals Limited and WA Limestone have completed the acquisition of the Derby East Construction Sands Project near Derby, WA, positioning themselves to tap into growing Southeast Asian sand markets. The project offers low-risk mining potential with strong logistics links to the Port of Derby.

Solara Minerals has agreed to acquire a portfolio of seven exploration licences in Western Australia's Murchison region, positioning itself near major gold and copper mines. The deal includes immediate exploration plans and potential milestone-based share payments.

Resolution Minerals has addressed ASX concerns over recent share price and volume spikes, attributing the activity to ongoing developments in its US Horse Heaven project acquisition.

Highfield Resources has extended the exclusivity period with Qinghai Salt Lake Industry for a proposed US$300 million cornerstone equity placement, allowing more time for due diligence and negotiations. The company is also advancing its Canadian Southey potash project acquisition.

Duketon Mining Limited has executed an option agreement to acquire 100% of the Killarney Gold Project, confirming high-grade gold results from historic and recent sampling. Concurrently, the company updated its nickel resource estimates at Rosie and C2, reinforcing its position in the Mount Magnet region.

Legend Mining Limited has completed the acquisition of the Pinnacle Well Project in Western Australia, marking its strategic entry into gold exploration while continuing progress at its Rockford Project.

Midas Minerals has validated three significant gold trends spanning 9km at its Challa Project in Western Australia, using innovative detectORE™ pXRF technology. The company plans further infill sampling to define drill targets while advancing exploration preparations for its Otavi Copper Project in Namibia.

Askari Metals has acquired the Nejo Gold Project in Ethiopia, aiming to build a tier-1 gold portfolio in the underexplored Arabian-Nubian Shield. The company plans systematic exploration to unlock significant gold resources.