Latest Project Acquisition News

Perpetual Resources has completed its first on-site technical assessment of the Nevada Scheelite Tungsten Project, validating key geological features and historical infrastructure. Six rock chip samples have been collected for assay, with results awaited as the company advances its technical work program.

Sabre Resources has secured $2 million in a placement to fund drilling across its newly acquired 4,000km2 copper and gold projects near Tennant Creek, targeting high-potential IOCG and gold mineralisation.

Corazon Mining has completed its acquisition of the Chalice Gold Project from Westgold Resources, securing a 191,000oz high-grade gold resource and planning an aggressive drilling campaign to unlock further potential.

American Tungsten & Antimony Ltd (ASX: AT4) has named Casper Adson as CEO to spearhead its metallurgical strategy, aiming to transform its US antimony and tungsten assets into defence-grade products and tap into US government funding.

DeSoto Resources and Fortuna Mining’s joint venture High Guinea Gold has locked in a seven-project gold exploration package covering 591.43 square kilometres in Guinea’s prolific Siguiri Basin, marking a key step in their alliance’s expansion strategy.

Maverick Minerals has finalized the acquisition of the Viper Project tenements from Caprice Resources, expanding its West Arunta footprint with a mix of granted tenements and applications, and establishing a joint venture with Caprice.

Tasmea has completed its acquisition of Maxim Group, significantly expanding its electrical services footprint and positioning the segment to contribute more than half of FY27 earnings guidance.

Sentinel Metals (ASX: SNM) is set to nearly double its North American gold resources with the acquisition of the Big Springs Gold Project in Nevada, adding 1.01 million ounces to its portfolio alongside Montana’s Columbia Project.

Diablo Resources has cleared a major hurdle with shareholder approval to acquire an 80% stake in the Horn Silver Project, a historically rich silver and gold mining district in Utah. The acquisition unlocks a suite of exploration opportunities with a maiden drill program set for later this year.

QEM Limited has pushed back the deadline to complete due diligence on its planned acquisition of two U.S. critical minerals projects, citing legal concerns mainly around chain of title.

Maverick Minerals has secured a binding agreement to acquire a 90% interest in Lyza Mining, adding eight tenements in Western Australia’s West Arunta region to its portfolio. This move complements its pending Viper Project acquisition and positions Maverick to explore for niobium, rare earths, and IOCG deposits across a combined 220 km2 area.

Many Peaks Minerals has exercised its option to acquire 100% of the Baga Gold Project in Côte d'Ivoire after a comprehensive soil sampling campaign revealed extensive gold anomalies. A 14,000m auger drilling program is now testing multiple targets along a 16km gold corridor.