Latest Exploration Licence News

Sierra Nevada Gold has established a wholly owned Saudi subsidiary, Arabian American Minerals LLC, to spearhead exploration at the As Safra copper-gold project, aligning with Saudi Arabia’s Vision 2030 and preparing for imminent drilling.

Lode Resources has identified a new high-grade silver and antimony prospect, Blocks East, within its Greater Montezuma Project in Tasmania, expanding its strategic foothold in a prolific mining region.

QX Resources has obtained the last two exploration licences for its Madaba Uranium Project in Tanzania, paving the way for a high-resolution survey and maiden drilling program. The company is well-funded and advancing environmental assessments to meet regulatory requirements.

Rimfire Pacific Mining has exercised its option to acquire 100% of the Rabbit Trap Scandium Project, consolidating its position in a promising scandium resource in central NSW. Recent drilling results underpin the acquisition, highlighting significant mineralisation and growth potential.

Forrestania Resources has agreed to acquire a substantial gold tenement package in Western Australia’s Eastern Goldfields, including the Karonie Gold Project with an inferred resource of 111,100 ounces. The $5 million deal combines cash and shares, reinforcing Forrestania’s regional growth strategy.

Condor Energy has identified extensive deepwater turbidite reservoirs across its TEA-86 offshore acreage in Peru’s Tumbes Basin, significantly reducing exploration risk and advancing plans for drilling and licence conversion.

Mount Hope Mining has expanded its footprint in the southern Cobar Basin with two new exploration licences, while reaffirming the potential of its Mt Solitary gold target based on historical data and ongoing drilling.

Kuniko Limited has discovered a new sulphide mineralised zone at Silica Hill, extending beyond previous models, as it wraps up its maiden Phase I drilling program. Assay results are expected soon, setting the stage for an expanded Phase II campaign.

TechGen Metals has reported significant copper intersections at its Mt Boggola Project in Western Australia, including a standout 20m at 1.14% copper. The discovery is complemented by anomalous gold and lead results, reinforcing the prospectivity of this emerging copper-gold system.

Antares Metals has launched an extensive field campaign at its Quinns Gold & Copper Project, expanding its landholding and securing approvals for initial drilling. The company aims to unlock significant orogenic gold potential through modern exploration techniques.

Avira Resources has validated significant high-grade gold intersections at its Mt Cattlin Gold Project, underpinning plans for a maiden Mineral Resource Estimate by the end of 2026. The company is poised to commence drilling in Q2 to test extensions across multiple prospects.

Lode Resources has extended high-grade mineralisation at its Montezuma Silver & Antimony Project to 270 metres depth, revealing robust assay results and confirming the deposit remains open for further growth.