Land Acquisition

D.R. Horton is partnering with AI startup Prophetic to expedite land acquisition and development analysis amidst a national housing shortage. Prophetic’s AI platform automates zoning regulation analysis, reducing assessment time from hours to seconds. The platform aggregates zoning rules from various cities and counties, providing developers with crucial insights into development potential, like lot sizes and density regulations. This aims to enable faster, more informed decisions in land acquisition, addressing the complex challenges of expanding housing supply and affordability.

Goldrea Resources (GORAF) announced an option agreement on Sept 29, 2025, to acquire 70% of Hanstone Gold’s Snip North property in British Columbia’s Golden Triangle. The 3,400-hectare property, adjacent to Goldrea’s Cannonball holdings, could expand Goldrea’s land to 8,500 hectares. The earn-in requires $1.25M in exploration over four years. Goldrea will be the initial operator of a joint venture upon completion and has allocated $100,000 to maintain the property through Nov 30, 2026.