Wildcat Resources (ASX:WC8) has entered into a binding agreement with Northern Star Pilbara under which its unit will acquire exploration license E45/2364 at the Tabba Tabba project, in Western Australia, according to a Monday Australian bourse filing.
Under the deal, Wildcat will transfer exploration licenses E45/5623, E45/6201, E45/6202, and E45/6204, as well as exploration license applications E45/6303, E45/6698, and E45/6987 with non-LCT mineral rights on E45/6205 to NST Pilbara as a divestment.
The company said its Tabba Tabba definitive feasibility study, which is on track for delivery in 2026, will incorporate the additional tenure into the conceptual surface layout and mine plan.
The company reported cash at bank of AU$51.2 million as of Sept. 30.