Latest Project Acquisition News

Olympio Metals is set to acquire an 80% stake in the Jacknife High-Grade Silver Project in Idaho, leveraging patented mining claims and a local partner to accelerate exploration in a historically prolific silver district.

Industrial Minerals Ltd (ASX: IND) has pinpointed a compelling gold target at its North Pool prospect within the Laverton Gold Project, confirming a strong geophysical anomaly aligned with historic high-grade drill results along the Chatterbox Shear Zone.

Maverick Minerals Australia has completed its acquisition of a 90% interest in Lyza Mining, adding eight highly prospective tenements near its Viper Project in Western Australia’s West Arunta region. The deal includes share-based consideration and a joint venture structure with Rincon Resources.

Loyal Metals has completed the acquisition of the Highway Reward Copper-Gold Project, clearing a major hurdle ahead of its A$79 million takeover by PT Bumi Resources. With shareholder approval secured, the scheme awaits final court endorsement.

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.