Latest South Australia News

Tarrina Resources has identified five high-confidence sulphide chargeability anomalies at its Walparuta IOCG Project, including a large, untested target that aligns with magnetic and gravity data. Historic drilling validates the geophysical model, setting the stage for imminent drill testing.

Coda Minerals has secured $6.7 million through an oversubscribed placement to fast-track its Pre-Feasibility Study at Elizabeth Creek, underpinning key technical and environmental programs.

Barton Gold has raised $25.5 million through an institutional placement, fully funding critical feasibility studies and resource upgrades across its Challenger, Tunkillia, and Tolmer projects in South Australia.

Adavale Resources has boosted its Parkes Project gold resource by 44% to 166,000 ounces through a 100% scrip acquisition of the Calarie mining licence and three exploration licences, consolidating its belt-scale position in NSW’s Lachlan Fold Belt.

Superloop has finalized its $165 million purchase of Lightning Broadband, adding 56,000 secured lots to its Fibre-to-the-Premises network across six Australian states and territories. The deal, funded by cash and debt, keeps net leverage low and comes with regulatory approval of a functional separation framework to support open-access wholesale services.

Havilah Resources has locked in a $105 million upfront payment from Sandfire Resources for the Kalkaroo project and signed a binding farm-in agreement with Hillgrove Resources for Mutooroo, while gearing up for regional drilling in South Australia’s Curnamona Province.

Taiton Resources has submitted 250 samples from its Yogi prospect drill core for assay, with results due in weeks, while preparing to launch soil sampling at Challenger West to sharpen gold exploration targets near the 1.2Moz Challenger Mine.

Marmota Limited’s maiden drilling at Greenewood delivers exceptional high-grade gold assays, including multiple hits over 40 g/t and thick mineralised intersections. The discovery remains open along strike and at depth as Stage 3 drilling advances.

Pacgold has restarted drilling at its Vertigo deposit and begun irrigating 100,000 tonnes of re-crushed material at White Dam, aiming to accelerate production restart and resource growth.

Delorean Corporation has closed its Share Purchase Plan, raising $750,000 through the issue of over 8.3 million shares at $0.09 each, supplementing earlier strategic funding from LMS Energy.

Bass Oil has landed a $3.5 million grant from the South Australian Government to fund a production pipeline for its 100% owned Kiwi gas project, aiming to connect it to Cooper Basin infrastructure and boost domestic gas supply by 2028.

Lincoln Minerals has raised A$3.1 million in a two-tranche placement to fund drilling at its Minbrie Copper Project, with a strategic investor gaining board representation rights.