Dreadnought Resources (ASX:DRE) has executed a farm-in and joint venture agreement with a Teck Resources (TSX:TECK.A) subsidiary to advance the Money Intrusion prospect in Western Australia. The Money Intrusion prospect, prospective for nickel-copper-cobalt-platinum group elements, is part of the broader Mangaroon Project in the Gascoyne region. Under the farm-in, Teck may earn a 75% interest […]
Coolabah Metals (ASX:BHM) has exercised the option under its heads of agreement with Pinnacles Mines and Broken Hill Pinnacles to formally enter into the binding joint venture deal for mining operations at the Pinnacles Mine in New South Wales. Soon-to-be-renamed Broken Hill Mines, Coolabah Metals exercised the option via payment of the second option fee […]
Global Uranium and Enrichment (ASX:GUE) is among the explorers this week heading to market as it seeks to boost its cash pile by $10 million. The company intends to use the funds raised for the acquisition and development of the Pine Ridge In-Situ Recovery Uranium Project in the US. Global Uranium and Enrichment and Snow […]
Hastings Technology Metals (ASX:HAS) has signed a non-binding term sheet to enter into an unincorporated joint venture with Andrew Forrest’s Wyloo for the Yangibana Rare Earths and Niobium Project in Western Australia. Yangibana, which is estimated to have an initial 17-year mine life, has a current resource of 29.93 million tonnes @ 0.93% total rare […]
E79 Gold Mines (ASX:E79) has entered into an earn-in and joint venture agreement with Scorpion Minerals (ASX:SCN) over the Jungar Flats Project in Western Australia. Under the agreement, Scorpion can earn up to a 70% interest in the project by spending $3 million on exploration over a five-year period, including a cash payment of $100,000 […]
Horizon Minerals (ASX:HRZ) has scheduled the first 40,000 tonnes of ore to be processed next week from the Phillips Find Gold Project in Western Australia. The ore is currently being hauled to the Greenfields Mill and will be processed for two weeks. As such, Horizon, which has a market capitalisation of $87.95 million, says the […]
Cazaly Resources (ASX:CAZ) has signed a binding term sheet with Brightstar Resources (ASX:BTR) to earn up to 80% in the Goongarrie Gold Project in Western Australia. The Goongarrie Project covers 12km of the Bardoc Tectonic Zone which is the northern extension of the Boulder-Lefroy Shear Zone to the south. The Boulder-Lefroy Shear Zone is considered […]
Mining giant BHP (ASX:BHP) is forming a 50:50 joint venture with Lundin Mining (TSX:LUN) after acquiring Filo Corp (TSX:FIL), which owns the Filo del Sol Copper Project in Argentina. On 26 September 2024, Filo Corp shareholders’ approved the acquisition, which was C$4 billion ($4.47 billion) excluding the Filo shares already held by Lundin Mining and […]
Thunderbird Resources (ASX:THB) is evaluating strategic options and joint venture opportunities to advance its Surprise Creek Uranium-Copper Project in the Athabasca Basin, Canada. The company’s decision to seek these opportunities comes from its core focus on the newly-acquired Rockvale and Kookabookra antimony-gold projects in New South Wales. “Along with the strategic review of the Surprise […]