Latest Northern Territory News

Oceana Lithium Limited reports steady progress across its Northern Territory, Western Australia, and Brazil projects, underpinned by a successful $1.2 million capital raise and a solid cash position of $2.7 million.

Sabre Resources Ltd has identified four new uranium chargeability anomalies at its Dingo Project in the Northern Territory, expanding its exploration potential in the Ngalia Basin. The company plans to drill test these targets pending regulatory approval.

Lucapa Diamond Company has identified two significant conductive base metal targets at its Merlin Diamond Project in the Northern Territory, marking a major milestone after 25 years without geophysical surveys. These targets lie just 50km from the world-class McArthur River zinc-lead mine, suggesting strong exploration potential.

iTech Minerals has entered a binding agreement with global lithium giant SQM to jointly develop the Reynolds Range Lithium Project, marking a significant step forward for the Northern Territory asset. This partnership enables SQM to earn up to a 70% stake in lithium rights, backed by a structured investment and exploration program.

Litchfield Minerals Limited reports significant progress in Northern Territory exploration, including strategic acquisitions and advanced geophysical surveys, while managing weather-related delays to drilling schedules.

Emmerson Resources has resumed and expanded its RC drilling program at the White Devil Gold Project, with initial resource estimates expected imminently and further updates planned after assay results.

MetalsGrove Mining Limited reports promising exploration results with four new gold-copper prospects identified at its Bruce Project and significant zinc-copper-lead mineralisation confirmed at Edwards Creek, underpinning its 2025 exploration plans.

King River Resources has reported significant high-grade gold discoveries at its Kurundi Project in the Northern Territory, advancing its 2024 drilling program with promising assay results. The company is poised for further exploration in 2025, supported by a strong cash position and strategic investments.

Horizon Oil has successfully completed the WM29 well and commenced drilling WM30 in the Mereenie Development Program, aiming to boost gas production and meet new Northern Territory gas sales commitments.

Kingsland Minerals has reported robust infill drilling outcomes at its Leliyn Graphite Project, setting the stage for an upgrade to Indicated Mineral Resources and a forthcoming Scoping Study. The recent strategic investment by Quinbrook Infrastructure Partners bolsters the project's development trajectory, particularly for downstream processing.

MLG Oz Limited has locked in contracts worth over $45 million annually with Northern Star Resources, extending a partnership spanning more than 10 years across key Western Australian gold operations.

Echelon Resources has agreed to acquire full ownership and operatorship of the EP145 exploration permit in the Northern Territory’s Amadeus Basin, aiming to unlock a discovered gas resource with modern technology.