Wildcat Acquires Key Tenement Adjoining Tabba Tabba Project
Key points
- Binding agreement to acquire exploration licence E45/2364 from Northern Star Pilbara
- Tenement swap to optimise development of the Tabba Tabba Project
- Tabba Tabba Definitive Feasibility Study on track for delivery in 2026
Full summary
Wildcat Resources Ltd has entered into a binding agreement with Northern Star Pilbara Pty Ltd to acquire exploration licence E45/2364, which is adjacent to two of Wildcat's mining leases at the Tabba Tabba Project in Western Australia. In exchange, Wildcat will transfer several non-core exploration licences and applications, as well as non-LCT mineral rights on one of its tenements, to Northern Star Pilbara. This tenement swap is expected to optimise the development of the Tabba Tabba Project, with the acquired tenure to be incorporated into the ongoing Definitive Feasibility Study (DFS). The DFS is on track for delivery in 2026, and the acquisition may strengthen the project's operating and capital cost economics. Wildcat currently has $51.2 million in cash at bank as of 30 September 2025.
Outlook
The acquisition of the key tenement is expected to strengthen the operating and capital cost economics of the Tabba Tabba Project as the Definitive Feasibility Study progresses towards delivery in 2026.
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