Latest Exploration Licence News

Antares Metals (ASX: AM5) has landed $237,500 in non-dilutive government funding to jumpstart drilling and geophysical surveys at its Quinns Copper-Gold-Zinc Project in Western Australia, targeting the historic Austin VMS deposit and nearby prospects.

Hamelin Gold has been granted the Day Dawn exploration licence near the Telfer mine and secured a $180,000 co-funded drilling grant, setting the stage for a significant 3,000 metre RC drilling program targeting high-grade gold mineralisation.

TechGen Metals (ASX: TG1) has reported promising high-grade copper and gold results from multiple Western Australian projects, while gearing up for extensive drilling campaigns through 2026.

ADX Energy is progressing its HOCH-1 shallow gas well in Upper Austria, targeting up to 17.3 BCF of prospective gas resources with drilling at 950 metres depth and plans for two more wells this year.

Sierra Nevada Gold (ASX: SNX) has swiftly mobilised three drill rigs to commence a 5,000m Phase 1 program at its As Safra copper-gold project in Saudi Arabia, following exploration licence approval by Royal Decree. The campaign targets a district-scale mineralised system with results expected by late May.

Redcastle Resources has secured a 60% earn-in to the Kilkenny Belt Package, adding 64km² of tenements adjacent to its existing Eastern Goldfields holdings and reinforcing its dual strategy of near-term development and regional exploration.

Forrestania Resources has secured the Karonie Gold Project in the Eastern Goldfields, adding a JORC-compliant inferred resource of 185,700 ounces and expanding its strategic footprint near key processing hubs.

Sierra Nevada Gold (ASX: SNX) has received five exploration licences for its As Safra copper-gold project in Saudi Arabia, granted by Royal Decree, allowing immediate drilling with three rigs on site. The licences reflect top-level government support and align with Saudi Arabia’s Vision 2030 mining ambitions.

AuKing Mining has locked in Thompson Resources to kick off a minimum 5,500m drilling campaign at its Tundulu Rare Earths project in Malawi, targeting structural extensions and depth continuity from mid-May 2026.

Vertex Minerals accelerated gold production at its Reward Gold Mine to 284 ounces in the March quarter, supported by underground rehabilitation, operational upgrades, and new funding facilities. The company also expanded its exploration footprint with the Dun Dun licence and is pursuing 24/7 underground mining approval.

Scorpion Minerals has solidified its position in Western Australia’s Murchison region by acquiring the Old Prospect gold tenements and progressing strategic partnerships, setting the stage for extensive drilling and resource upgrades.

Kaili Resources has reported encouraging rare earth element assay results from its South Australian tenements, particularly within the Coodalya Mallee Project, while securing extended related-party financing to support ongoing exploration.