Latest Project Sales News

Zenith Minerals has finalised the sale of its 20% stake in the Kavaklitepe gold project in Turkey, securing approximately A$820,000. The company plans to reinvest these proceeds to accelerate exploration at key Australian gold and copper-gold projects.

PVW Resources has agreed to sell its Leonora Project in Western Australia for A$500,000, redirecting capital towards its promising Brazilian rare earth and gold assets.

Yandal Resources has finalized a binding agreement to sell its Gordons Gold Project to Horizon Minerals for A$2.81 million in cash and shares, reinforcing its strategic focus on core exploration assets.

Lithium Energy Limited has made significant strides in its Capricorn Gold-Copper Belt and White Plains Lithium Brine projects, secured government funding, and received a major tranche payment from the Solaroz sale, while shelving its graphite IPO plans amid market challenges.

Strike Resources has made significant progress on its Apurimac Iron Ore Project in Peru, engaging with government agencies on critical railway infrastructure and initiating environmental studies, despite recent civil unrest impacting operations. Meanwhile, its stake in Lithium Energy Limited sees advancement in key lithium and gold-copper projects.

Sabre Resources reports promising uranium and rare earth element discoveries at its Dingo Project while securing $1.6 million from the sale of its Ninghan Gold Project, strengthening its financial position for ongoing exploration.

Flynn Gold has sold its Mount Dove Project tenement in Western Australia for $200,000, marking the start of a strategic divestment of non-core assets to fund exploration in Tasmania.

Albion Resources has agreed to sell its Mongers Lake Project to Capricorn Metals for an upfront A$1.5 million, with additional milestone payments tied to resource and mining developments. This deal allows Albion to sharpen its focus on its high-grade Yandal West Gold Project.

NT Minerals has advanced key asset sales including the Mountain Home and Redbank/Wollogorang projects, while facing a critical cash position and awaiting shareholder approval for its latest disposal deal.

Arizona Lithium has secured regulatory approval for Phase 1 production at its Prairie Lithium Project in Saskatchewan and raised $4.25 million through an oversubscribed share purchase plan, marking key milestones toward commercial lithium extraction.

CZR Resources is set to commence an extensive drilling campaign at its Croydon Gold Project in Western Australia’s Pilbara, targeting promising shallow gold mineralisation and potential large-scale intrusive systems akin to the nearby Hemi deposit.

Austin Metals has agreed to sell its Broken Hill exploration licenses to Kingfisher Mining for $400,000, marking a strategic shift to focus on its Western Australian gold projects.