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Northern Territory

29 posts
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Stelar Metals (ASX: SLB) raises drilling capital as Hill of Leaders tungsten test approaches

Stelar Metals has attracted new institutional capital ahead of the first bedrock drilling at its Hill of Leaders Tungsten Project in Australia’s Northern Territory. The financing removes an immediate funding constraint, but the investment case now depends on whether surface mineralisation continues at commercially meaningful grades and widths below ground.
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Alien Metals (AIM: UFO) completes Knox acquisition to add Georgina Basin copper-gold project

Alien Metals has completed its acquisition of Knox Resources, securing a large copper-gold and uranium exploration position in Australia’s Northern Territory for £200,000. The transaction adds three drill-ready targets and a substantial historical dataset, but the value proposition still depends on exploration results, funding discipline and management’s ability to prioritise an increasingly diversified portfolio.