Latest Project Acquisition News

Recharge Metals has completed soil sampling and a detailed gravity survey at its underexplored Sunset Well Gold Project in WA, setting the stage for a major drilling campaign targeting the 94,500 oz Prospero Deposit. The company also expanded its footprint with four new regional projects, supported by a $6 million cash position.

ACDC Metals closed its non-renounceable entitlement offer raising $348,000 from shareholders, but a substantial shortfall of over 24 million shares remains to be placed.

Australian Gold and Copper Ltd (ASX: AGC) is set to expand its NSW footprint by acquiring the Junee Gold Project for $5.4 million in shares, supported by a concurrent $5 million placement to accelerate exploration.

Pacific Resources (ASX: PXR) has advanced its acquisition of the Snowstorm Gold Project in Victoria’s Eastern Goldfields by paying $160,000 to acquire a 50% stake in Mines of Stirling, the project’s owner. Completion of the acquisition, including full ownership, is expected by mid-July.

Evion Group has appointed former Australian Ambassador to the US, Arthur Sinodinos, as Strategic Advisor to accelerate its US critical minerals strategy following its acquisition of the CARP Fluorspar Project in Nevada.

Canadian Phosphate (ASX: CP8) is raising up to AUD 4.85 million via a renounceable rights issue at a 22% discount, aiming to accelerate development of its newly acquired Diamond Mountain Project in Utah and advance exploration in Canada.

Pacific Resources (ASX: PXR) has secured full ownership of the Snowstorm Project in Victoria’s Eastern Goldfields for $400,000, gaining access to high-grade gold mineralisation and an approved underground bulk sampling program.

Solis Minerals has raised A$6 million in a placement strongly backed by institutional investors, including major shareholder PLS Group, to fund imminent drilling at its Brazil Lithium and Cinto Copper projects.

Canterbury Resources reaffirms its commitment to Central Queensland copper exploration by clarifying details of its acquisition of the Monto Project, highlighting the John Hill deposit’s significant inferred resource and plans for deep drilling in 2026.

QEM Limited has pushed back the deadline to complete due diligence on its planned acquisition of two U.S. critical minerals projects, citing legal and environmental concerns that require further investigation.

Australian Gold and Copper Ltd (ASX: AGC) has secured the Junee Gold Project in NSW through a $5.4 million share deal, adding seven drill-ready gold targets and raising $5 million to accelerate exploration.

Australian Silica Quartz Group (ASQ) has cleared a key regulatory hurdle with DMPE approval for the White Swan Kaolin Project’s Mining Development and Closure Proposal, paving the way for bulk sampling and offtake talks ahead of mining.