Latest Northern Territory News

Mount Gibson Iron Limited has agreed to acquire a 50% interest in the Central Tanami Gold Project, marking a strategic shift towards gold production while maintaining steady iron ore operations at Koolan Island.

Litchfield Minerals has addressed ASX concerns over recent share price spikes, confirming active drilling at its Oonagalabi project and requesting a trading halt pending assay results.

CuFe Ltd has raised $5.4 million through a strategic placement to fund exploration and feasibility studies at its Tennant Creek Copper/Gold project, including a focus on critical mineral bismuth.

Tamboran Resources has completed the largest drilling campaign in the Beetaloo Basin, delivering three 10,000-foot lateral wells with record efficiency. The company targets first gas sales by mid-2026, advancing its Northern Territory gas supply ambitions.

iTech Minerals has delineated a significant antimony and gold mineralised corridor spanning over 6km by 2km at its Reynolds Range project in the Northern Territory, supported by detailed historical soil sampling and recent high-grade rock chip assays. The company is poised to commence drilling at key prospects following imminent government approvals.

Patronus Resources confirms exceptional uranium grades from recent drilling at Thunderball, revealing a new geological model that could unlock over 30km of prospective ground in the Pine Creek Project.

Elevate Uranium Ltd has agreed to sell its Oobagooma Uranium Project to Orpheus Uranium Ltd in a deal combining cash and milestone-based equity payments, aligning with Elevate’s pivot towards its innovative U-pgrade beneficiation technology and other core assets.

DeSoto Resources has secured A$14 million to advance drilling programs in Guinea’s prolific Siguiri Basin and Australia’s Northern Territory, backed by a strategic JV with Fortuna Mining Corp. Historic high-grade gold intercepts and a strong cash position set the stage for a pivotal exploration phase.

Litchfield Minerals reports a significant copper-zinc sulphide intersection exceeding 100 metres at its Oonagalabi Project, while clarifying and withdrawing previous copper equivalent guidance pending metallurgical validation.

Patronus Resources reports a robust $70 million in cash and investments alongside 2.3 million ounces of gold equivalent resources, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

Litchfield Minerals has reported a significant copper-zinc sulphide intercept exceeding 100 metres at its Oonagalabi Project, with ongoing drilling targeting major geophysical anomalies that could expand the resource.

Patronus Resources has confirmed significant gold mineralisation at its Guppy prospect within the Cardinia Gold Project, with follow-up drilling planned in early 2026 to explore its full potential.