Latest Joint Ventures News

Novo Resources reported a reduced net loss of CAD 1.625 million in Q1 2025, progressing exploration with a new aircore drilling program in Western Australia while facing liquidity challenges that cast doubt on its near-term financial sustainability.

Augustus Minerals advances exploration at its Ti-Tree Money Intrusion project, planning a detailed Moving Loop EM survey to refine drill targets following promising VTEM results and nearby discoveries.

Silex Systems reports steady progress on its TRL-6 uranium enrichment demonstration, targeting completion by end-2025, while securing initial US government funding to support commercialisation efforts.

Iceni Gold’s latest RC drilling at the Guyer Prospect reveals a standout high-grade gold intersection, reinforcing the potential of its 14 Mile Well Gold Project in Western Australia.

Emmerson Resources has expanded the White Devil gold deposit resource by 25% to over 611,000 ounces and initiated advanced exploration techniques including a drone magnetic survey and a new drilling program.

Novo Resources has expanded the high-grade gold anomaly at its John Bull Gold Project in NSW, setting the stage for a targeted reverse circulation drilling campaign planned for June 2025.

Papyrus Australia has issued a revised Appendix 4C for the March 2025 quarter, correcting the treatment of $527k in R&D expenditure previously reported as cash payments. This adjustment also impacts prior monthly and quarterly cash flow reports dating back to November 2024.

Anax Metals has locked in a $3.3 million convertible note investment from Mineral Development Partners, with conditional commitments for up to $100 million to advance the Whim Creek Project and establish a Pilbara base metals hub.

TechGen Metals Limited is advancing exploration with a +4,000m aircore drilling program at El Donna and multiple geophysical and sampling campaigns across Western Australia and New South Wales.

C29 Metals has signed a binding Heads of Agreement with Bask International Group to form a joint venture targeting advanced copper and gold exploration projects in Kazakhstan, aiming to rapidly expand its portfolio and scale.

Gold Road Resources has entered a definitive agreement for acquisition by Gold Fields Limited, offering shareholders a compelling 43% premium and a special dividend. The scheme awaits shareholder and court approval, targeting completion by October 2025.

Advance Metals reports robust assay results from its maiden drilling at Myrtleford, confirming high-grade gold mineralisation and revealing multiple new regional targets. The company is poised to expand exploration following a successful capital raise.