Orpheus Uranium has identified a new uranium exploration target at its McArthur project in the Northern Territory following high-grade surface rock chip assays. Samples returned uranium oxide grades up to 4.1%, with a radioactive anomaly mapped extending approximately 60m along strike.
Orpheus Uranium Limited announced high-grade uranium rock chip samples, up to 4.1% U3O8, from its inaugural reconnaissance program at the Conways tenement within the McArthur Project, Northern Territory. These early results, which also included elevated copper grades, represent a new discovery in an underexplored area and are spatially associated with distinct geophysical anomalies. The company is continuing fieldwork and awaiting additional geochemical analysis results to further define the system.
First Development Resources has commenced Stage II reverse circulation drilling at the Lander West Gold Project in Australia's Northern Territory. The 2,000-metre programme aims to test extensions of gold mineralisation confirmed during Stage I.
CuFe has agreed to acquire the remaining 45% interest in the Tennant Creek copper-gold project from Gecko Mining Company via a share issuance. This transaction will grant CuFe 100% ownership, simplifying the structure ahead of a planned 20,100m drilling campaign.
Lithium Plus Minerals has released a scoping study for its Lei lithium project in the Northern Territory, proposing a low-capital direct shipping ore (DSO) operation. The study forecasts a post-tax NPV of A$325 million and an IRR of 75.4%, leveraging proximity to Darwin Port to avoid initial processing plant costs.
Litchfield Minerals has completed a nine-hole, 1,554m RC drilling program at the Oonagalabi copper-zinc prospect in the Northern Territory. Assay results from the program are expected in late November to early December 2026.
Lithium Plus Minerals has announced positive results from a Scoping Study for its Lei Lithium Project, outlining a low-capital Direct Shipping Ore (DSO) operation with a post-tax NPV of A$325 million and an IRR of 75.4%. The study projects a six-year mine life, with initial production underpinned by Indicated Mineral Resources, leveraging existing infrastructure to minimize upfront capital. While preliminary, the study supports progression to a Pre-Feasibility Study and maiden Ore Reserve, with environmental approvals and funding identified as critical next steps.
CuFe Ltd has entered into a binding agreement to acquire Gecko Mining Company Pty Ltd, consolidating its interest in the Tennant Creek Copper Project from 55% to 100%. This all-scrip transaction, valued at approximately A$83.2 million, significantly increases CuFe's attributable resource base to 405kt copper, 544koz gold, 16.5kt bismuth, and 2.9Moz silver, while removing joint venture complexity. The Tennant Creek Project hosts a large-scale, high-grade JORC 2012 Mineral Resource of 23.5Mt at 1.73% Cu and 0.72g/t Au, with 71% in the Indicated category, and is supported by strategic shareholders and ongoing exploration.
CuFe Ltd has entered into a binding agreement to acquire 100% ownership of the Tennant Creek Copper-Gold-Bismuth Project by acquiring the remaining 45% interest held by Gecko Mining Company Pty Ltd. The transaction, valued at 1.6 billion new shares, will consolidate CuFe's control over the project's significant copper, gold, silver, and bismuth resources.
Barkly Rare Earths has extended its exploration footprint in the Northern Territory with new northwest drilling hitting rare earths 6-8km from previous results. The results also strengthen the existing inferred resource, with high-grade intercepts up to 4550ppm TREO reported in the southern holes.
