Latest Exploration Licence News

Lachlan Star has confirmed shallow, high-grade gold mineralisation at New Waverley, prompting an expanded 4,000m drilling program to test extensions and increase density along a mineralised shear corridor open in all directions.

Charger Metals has struck a deal to sell its Bynoe Lithium Project to Core Lithium’s subsidiary for up to $14.75 million, including upfront cash, a resource milestone payment, and a capped royalty. The sale lets Charger focus on its Lake Johnston lithium ambitions.

ADX Energy’s HOCH-1 exploration well in Upper Austria delivered a promising clean-up flow of 2.8 million cubic feet per day from its first tested gas zone, signalling encouraging reservoir potential ahead of further testing.

Melbana Energy halts direct involvement in its Cuban Block 9 project following US sanctions on CUPET, its contractual counterparty, while it seeks legal clarity on the complex regulatory landscape.

Avira Resources has completed 1,308 metres of reverse circulation drilling across the Maori Queen and Plantagenet prospects at Mt Cattlin, submitting initial samples for assay as it targets a maiden resource estimate by year-end.

Platina Resources has completed its acquisition of the Mt Morgans South Project from Genesis Minerals, adding 18 tenements in a prolific gold district and setting the stage for a focused exploration campaign.

Platina Resources has signed a binding Share Sale Agreement to acquire Bravo Minerals, owner of the Sunrise Bore Exploration Licence, expanding its Laverton gold portfolio in a promising but underexplored corridor.

Bougainville Copper Limited has been officially notified that its Exploration Licence No. 01 is suspended following the Bougainville Executive Council’s approval of a 25-year Large-Scale Mining Lease granted to Bougainville Minerals Limited over the same land.

Stelar Metals has identified widespread tungsten mineralisation at its Hill of Leaders Project in the Northern Territory, dispatching samples for assay and preparing for a July drilling campaign.

Westar Resources has won a Northern Territory Government grant to co-fund an aeromagnetic survey over 569 square kilometres of its Bunda Creek Project, aiming to unlock structural insights critical for sediment-hosted copper exploration.

Sierra Nevada Gold (ASX: SNX) reports 60% completion of its Phase 1 drilling at the As Safra copper-gold project in Saudi Arabia, with promising geological signs and ongoing government backing.

PC Gold has reported compelling new gold assay results from its Spring Hill project, alongside a strategic tenement acquisition that expands its landholding by 68km². The company is ramping up exploration with four rigs and a $22 million cash buffer, setting the stage for resource growth beyond the imminent update.