Latest Exploration Licence News

ADX Energy has advanced its HOCH-1 shallow gas well in Upper Austria by mobilising surface testing equipment ahead of a planned two-phase production test targeting multiple gas zones.

S2 Resources has completed a heritage survey and begun aeromagnetic work at its Jillewarra gold project, with exploration licences expected soon and a 30,000-metre aircore drilling campaign planned for July.

Right Resources has significantly enlarged its Blue tungsten prospect near Tumbarumba, NSW, confirming strong geochemical signatures and advancing metallurgical testwork to assess recovery potential.

Energy Transition Minerals (ASX: ETM) has identified ten new rare earth mineralised zones at Kvanefjeld, including a significant 1.8km trend with uranium levels below Greenland’s legal threshold, but faces regulatory uncertainty as licence renewal is recommended for denial.

Adavale Resources has agreed to sell its Marree Embayment uranium licences to Orpheus Uranium for $650,000 cash and 5 million shares, sharpening its focus on a 166,000-ounce gold resource in New South Wales.

Orpheus Uranium has secured a binding agreement to acquire seven exploration licences from Adavale Resources, significantly expanding its Marree Project landholding in South Australia’s Northern Flinders Ranges and advancing the project to advanced exploration status.

Stelar Metals has wrapped up its initial fieldwork at the Hill of Leaders Tungsten Project, setting the stage for drilling campaigns later this year and marking a significant step in exploring a largely untouched mineralised system in the Northern Territory.

Dart Mining has agreed to sell four Victorian projects to Indigo Metals for $7.1 million, combining cash, shares, and a royalty on antimony production, tying its fortunes to Indigo’s upcoming ASX debut.

Basin Energy has lodged a new exploration licence application adjacent to its Sybella-Barkly Rare Earth Project in northwest Queensland, enlarging its rare earth target area amid promising early drilling results and government support.

Ozz Resources aims to raise up to AUD 5 million through a public offer to fund the acquisition of Sulphide Minerals and exploration of the Bedaburra Project, pending ASX re-admission and shareholder approval.

Quinbrook Asset Management has lodged an application with the Takeovers Panel alleging undisclosed associations and breaches of funding consultation obligations at Kingsland Minerals. The dispute centers on a contested term sheet for acquiring exploration licences from Bacchus Resources.

AuKing Mining expands its footprint at the Tundulu Rare Earths Project in Malawi through a structured earn-in agreement and a fresh airborne survey revealing a larger carbonatite system with multiple new drill targets.