Latest Due Diligence News

Thunderbird Resources reports promising due diligence results on the Springfield Gold Deposit in NSW, revealing a potentially extensive gold system with strong exploration prospects. Systematic soil sampling and drilling programs are set to begin soon, pending shareholder approval.

Ragusa Minerals has agreed to acquire a controlling stake in Pegasus Tel Inc., gaining access to the Purple Pansy manganese-gold project in Arizona, a critical asset aligned with US strategic mineral priorities.

VRX Silica Limited has entered a conditional contract to acquire the Arramall farm site adjacent to its Arrowsmith North project, aiming to reduce capital and operating costs while shrinking its environmental footprint.

Rubix Resources has completed co-funded drilling at its Paperbark Project in Queensland and is progressing due diligence on a potential new asset, with assay results expected soon.

Energy World Corporation focused on advancing its capital raising and asset sales in Q3 2025, ending the quarter with $15 million in cash but no revenue generation.

SQX Resources is set to acquire an 80% stake in AM6 Pty Ltd, gaining control of high-grade gold and silver projects in Montana and Arizona, with drilling programs slated to commence in December 2025.

AUB Group has received a revised $45 per share acquisition proposal from EQT, prompting the board to grant exclusivity for due diligence. The deal remains non-binding and subject to multiple conditions.

Future Battery Minerals Ltd reports significant gold intercepts from its Miriam Project drilling and advances exploration at Burbanks East, while securing an option to acquire the Randalls Gold Project, reinforcing its position in Western Australia’s goldfields.

Coronado Global Resources has proposed a significant financial support transaction with Stanwell Corporation, aiming to enhance liquidity, extend coal supply agreements, and support Queensland’s energy needs and local employment.

Auric Mining confirms its intent to acquire the Lindsay’s Gold Project, including the Parrot Feathers mine, with payments contingent on ongoing Wardens Court litigation outcomes.

Grange Resources reported a robust Q3 2025 with increased iron ore concentrate production, improved pellet sales, and a notable rise in realised product pricing, all while maintaining an excellent safety record.

Neometals reports promising gold exploration results at Barrambie and advances lithium and vanadium projects with major partners, while completing a key business sale.