Latest Farm Out Agreements News

GBM Resources reports promising gold anomalism from Newmont’s initial 5,499m air core drilling at the Mt Coolon Project, advancing a key farm-in milestone and setting the stage for expanded exploration in 2025.

Charger Metals NL reported strong progress in its lithium and gold exploration during the March 2025 quarter, supported by Rio Tinto’s $1.1 million funding at Lake Johnston and the full acquisition of the Bynoe Lithium Project. High-grade lithium intersections and promising gold targets underpin its growth strategy.

Kalgoorlie Gold Mining’s March quarter was marked by a breakthrough Lighthorse gold discovery at the Pinjin Project, confirmed by RC drilling and supported by a strengthened balance sheet. The company is poised to expand exploration across its Laverton Tectonic Zone tenure.

Great Divide Mining Ltd has taken a decisive step from explorer to gold producer by securing a farm-in agreement for the Adelong Gold Project and raising $2.05 million to fund production restart and exploration activities.

Australian Critical Minerals reports significant high-grade iron ore discoveries at its Pilbara Shaw and Cooletha projects, while strategically withdrawing from rare earths to concentrate on iron assets.

MinRex Resources reports promising gold and silver assay results from its Sunny Corner Project in NSW and secures a strategic farm-in option over the Fraser Range Copper-Gold Project in WA, underpinning its growth ambitions.

Iceni Gold Limited reports promising gold mineralisation from its maiden RC drilling at the Guyer Trend, supported by ongoing diamond drilling and geophysical surveys under a $35 million farm-in with Gold Road Resources.

Blue Star Helium has commenced drilling the Jackson 2 well at its Galactica helium project in Colorado, marking a key step in its ongoing development program. The well is progressing towards the Lyons Formation target with plans for flow testing and production tie-in.

Encounter Resources Limited has unveiled an ambitious 2025 exploration and development program across its Australian critical minerals projects, supported by significant government co-funding and a strong cash position.

Antipa Minerals has consolidated its Paterson Province tenements into the expansive Minyari Project, resumed full ownership of Wilki and Paterson Projects following partner withdrawals, and launched a major drilling campaign targeting resource growth and new discoveries.

Magmatic Resources has reported significant progress in its Myall Project joint venture with Fortescue, including promising copper-gold mineralisation at the Calais prospect and ongoing drilling across multiple targets. The company maintains a strong cash position as it advances exploration in NSW.

Sunshine Metals has launched a targeted reverse circulation drilling program at Liontown to upgrade shallow oxide gold and silver resources and advance metallurgical studies, aiming to fast-track development amid strong gold prices.