Traka Resources disputes Alamako Resources’ notice to terminate their partnership on the Didi Gold Project in Guinea, signaling a brewing legal standoff. The company insists it has acted in good faith and is exploring its options.
Barton Gold Holdings has entered binding terms to acquire the Wudinna Gold Project in South Australia, adding 279,000 ounces of gold resources to its portfolio. The $15 million transaction, largely settled in shares and milestone payments, awaits Cobra Resources shareholder approval.
Invert Graphite has lodged a prospectus to raise up to A$3.5 million through a share offer priced at A$0.03 each, while advancing its acquisition of a Tanzanian critical minerals project. The company reported no exploration activity this quarter and incurred operating losses, reflecting a transitional phase ahead of relisting.
XTC Lithium Limited has signed a Letter of Intent with American Battery Materials to jointly develop its Carachi Lithium Project in Argentina, while divesting non-core assets to sharpen its focus on lithium exploration.
Forrestania Resources has reported significant gold exploration progress with successful maiden drilling at Ada Ann prospect confirming open mineralisation over 225m, alongside acquiring a key tenement at Bonnie Vale to bolster its strategic position.
McLaren Minerals is set to begin a six-week drilling campaign at its McLaren Titanium Project in Western Australia, aiming to boost resource confidence and explore deposit extensions.