Latest Exploration Licence News

Fortuna Metals has secured two key exploration licences in Malawi’s emerging rutile province, positioning itself next to Sovereign Metals’ world-class Kasiya deposit. The company also appoints Tom Langley as CEO to spearhead exploration efforts.

Augustus Minerals has raised $1.675 million through a placement to fund maiden drilling at its Music Well gold targets and advance the Mt Kare project application. The capital boost positions the company with nearly $2.75 million in cash to accelerate exploration activities through 2025.

First Au Limited’s maiden joint venture drilling at the Nimba Gold Project in Liberia has extended the high-grade gold mineralisation at the Ziyatoyah Prospect, with assays pending from initial drill holes.

Augustus Minerals is progressing its second-in-time licence application for the Mt Kare Gold Project in Papua New Guinea, aiming to unlock a high-grade alkali epithermal deposit near the Porgera mine. The company is preparing for rapid underground development and aggressive drilling, contingent on regulatory outcomes.

Eclipse Metals has secured a crucial renewal of its Greenland exploration licence, extending its tenure to 2027 and clearing the way toward a mining licence for its rare earth project in a geopolitically strategic region.

Moho Resources has significantly expanded its Bush Chook Gold Project in Western Australia’s Pilbara Craton, acquiring nine new tenements that reveal multiple high-grade gold zones yet to be drill tested.

Western Yilgarn Limited has identified seven promising gold exploration targets within its Gascoyne Gold Project, located just 8.7km from Benz Mining’s Glenburgh deposit in Western Australia. The findings stem from a detailed geophysical review highlighting structural and magnetic features analogous to the nearby gold system.

Dynamic Metals has initiated a 13-hole RC drilling program at its Chalice South prospect, targeting gold anomalies identified through advanced 3D modelling along a historically productive corridor.

TechGen Metals has completed a heritage clearance survey at its Blue Devil Project in Western Australia, revealing new high-grade copper and gold structural zones and setting the stage for targeted geophysical surveys and drilling.

M3 Mining Limited has announced a significant leadership renewal alongside a strategic review aimed at streamlining operations, reducing costs, and focusing on high-value exploration assets.

Galan Lithium has cleared all hurdles for a $20 million placement to Clean Elements Fund, unlocking funding to complete Phase 1 of its Hombre Muerto West lithium project with production slated for early 2026.

Adelong Gold has applied for a new exploration licence to significantly enlarge its Apollo Gold Project in Victoria, positioning itself for upcoming drill results and further discoveries along a highly prospective geological contact.