Latest Exploration Licence News

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.

LCL Resources has secured a transformative farm-in deal with Rio Tinto, which could see the mining giant earn up to an 80% stake in the promising Ono Project through substantial exploration funding and milestone payments.

S2 Resources has identified significant gold-arsenic and gold-antimony soil anomalies at its Silver Spoon project in Victoria, signalling promising exploration potential near major regional mines.

Renascor Resources reports significant cobalt and copper mineralisation from its recent Bulloo Creek drilling program, while advancing exploration across South Australia’s Olary, Marree, Wooltana, and Tumby Bay projects.

Chariot Resources has raised A$2.1 million through a share placement, attracting institutional and sophisticated investors to back its expanding lithium projects in the US and Nigeria. The placement includes free attaching options, pending shareholder approval.

S2 Resources and Black Raven Mining have signed a key Heritage Protection Agreement with the Wajarri Yamaji people, paving the way for exploration licences to be granted over the highly prospective Jillewarra Project in Western Australia.

Skylark Minerals’ latest drilling at the M’Basso Zone within its Zaranou Gold Project reveals thicker and richer gold intersections at greater depths, validating its geological model and hinting at significant resource expansion.

Variscan Mines maintains its 49% interest in the Callabonna Project while Chalice Mining steps in to fund and accelerate exploration through a new earn-in deal with Red Metal.

Pancontinental Energy has won a crucial 12-month extension for its PEL 87 offshore Namibia exploration licence, enabling further seismic analysis and drilling preparations. This extension keeps the project on track as the company seeks a farmin partner to advance exploration.

Magnetite Mines Limited has revealed promising high-grade copper and silver mineralisation from a re-assay of historic drill core at its Mutooroo Ridge Project in South Australia, highlighting new exploration potential.

Dart Mining NL has agreed to sell its Buckland Gold Project to Daybreak Minerals for $300,000 cash, while retaining rights to provide drilling services on the tenements.