Latest Exploration Licence News

Fitzroy River Corporation has appointed Argonaut Corporate Finance as exclusive adviser to test market interest in selling its Bowdens Silver Project royalty, with no sale decision yet made.

Southern Cross Gold has updated its Sunday Creek project’s Exploration Target to between 3.0 and 4.6 million ounces gold equivalent, supported by ongoing drilling and promising metallurgical results.

AuKing Mining has agreed to acquire 100% of the Machinga Heavy Rare Earths Project in Malawi, adding a high-grade heavy rare earth and niobium asset to its portfolio. The acquisition includes a mix of cash, shares, and performance shares contingent on resource milestones, positioning AuKing to accelerate exploration in a geopolitically strategic region.

Taruga Minerals' preliminary metallurgical testwork at the Weioko Gold Deposit reveals free-milling gold with recoveries exceeding 90% across grades, and silver emerging as a significant co-product, setting a solid technical foundation for upcoming drilling.

GreenX Metals has expanded its Eleonore North Project with two new licences covering about 1,600 km² in East Greenland, targeting intrusion-related gold and critical minerals like tungsten. Historical data shows high gold grades up to 50 g/t, with fieldwork results due this quarter.

Dynamic Metals has agreed to sell non-core gold assets within its Widgiemooltha Project to Corazon Mining for up to $3.5 million, including cash, shares, milestone payments, and a 1.5% gold royalty, while retaining lithium rights.

Golden Dragon Mining has delivered standout high-grade gold intersections at its Cue Gold Project while significantly expanding its landholding adjacent to Westgold’s Big Bell Mine.

Tolu Minerals has delivered its most intensive drilling campaign at Tolukuma, uncovering two new high-grade gold veins and maintaining a strong cash position as it targets first production by early 2027.

Rapid Critical Metals has kicked off drilling at its Webbs Silver Project, expanded its NSW footprint with the Tooloom acquisition, and secured a key permit for gallium-germanium drilling in Canada, while metallurgical tests at Webbs and Consol show promising recoveries.

Eagle Mountain Mining finalises a joint venture with Nittetsu Mining for the Oracle Ridge copper project, extinguishing a US$7.25 million debt and setting in motion a US$16.5 million exploration program. The company holds $2.9 million cash and is reassessing its Silver Mountain project alongside new acquisition pursuits.

Mount Hope Mining delivered high-grade gold assay results and robust metallurgical testwork at its Mt Solitary project, advancing toward a maiden JORC resource with Phase 3 drilling imminent.

Kingsgate Resources hit its FY26 production target with 86,078 ounces of gold and outperformed cost guidance, while advancing key assets and joining the ASX200.