Latest Northern Territory News

Venari Minerals has launched RC drilling at its Red Mountain Lithium Project aiming for a maiden resource by year-end, while Needles Gold Project drilling confirms promising gold-silver targets. A $5.5 million placement strengthens its exploration funding.

Blue Energy has been granted a critical petroleum lease in Queensland and completed a $5.8 million capital raise, positioning itself to meet rising gas demand aligned with the Queensland Government’s new Energy Roadmap.

Echelon Resources reported a solid quarter with production gains at Maari and Mahato fields, supported by new wells and a strategic gas sales agreement, while maintaining shareholder returns through dividends.

Central Petroleum reported a slight dip in sales volumes and revenue for the September quarter, offset by a significant reserves upgrade and a new long-term gas supply agreement that promises cash flow stability.

Top End Energy has unveiled a significant prospective hydrogen resource in Kansas and strengthened its U.S. market presence with new OTCQB listings, while advancing strategic discussions in Australia’s Beetaloo Basin.

Litchfield Minerals has intersected over 200 meters of continuous copper-zinc mineralisation at its Oonagalabi project, revealing a robust and extensive system. Planned step-out drilling aims to nearly triple the strike length to 600 meters, signalling significant exploration upside.

Red Metal Limited reports significant progress across its rare earth, gold, and copper projects, alongside a $16 million capital injection into its Maronan Metals subsidiary. Key drilling and metallurgical studies set the stage for resource upgrades and scoping studies in 2026.

Castile Resources has reported substantial increases in gold, copper, and bismuth resources at its Rover 1 Project, while advancing plans for refined bismuth production amid tightening global supply due to Chinese export controls.

Tennant Minerals has announced a maiden high-grade copper-gold resource at its Bluebird discovery, alongside new exploration targets identified through gravity data modelling. These developments set the stage for advancing project development and further drilling.

Xenora Minerals has bolstered its balance sheet with a $3 million capital raise while progressing exploration at its Dudley Lithium Project. The company also completed a major share consolidation and refreshed its board leadership.

Korab Resources has completed key geophysical surveys at its Rum Jungle Project and progressed pre-feasibility studies for magnesium products, while navigating ASX suspension and pursuing asset divestments.

Orpheus Uranium has advanced its exploration agenda by finalizing multiple Native Title Mining Agreements across South Australia and the Northern Territory, while strategically acquiring the Oobagooma Project in Western Australia to diversify its uranium asset base.