Latest Exploration Licence News

Bryah Resources’ subsidiary has acquired a 0.75% net smelter return royalty over key tenements in the Bryah Basin manganese project, streamlining the asset and enhancing future strategic options as the project advances towards production.

LCL Resources has extended the known gold-copper porphyry mineralisation at its Dada project in Papua New Guinea through new trenching and pit sampling, revealing promising grades and open-ended potential.

TechGen Metals has secured a Heritage Protection Agreement with the Jaru People, unlocking exploration licence grants and enabling planned drilling at its Blue Devil copper-gold-silver project in Western Australia.

Legacy Minerals has acquired exploration rights to the Nico Young nickel-cobalt deposit in NSW, boasting one of Australia’s largest contained resources with significant strategic potential amid current market lows.

West Cobar Metals has initiated approvals for a 5,000m air core drilling campaign at its promising Mystique Gold Project, aiming to unlock significant gold mineralisation in Western Australia’s Fraser Range.

Copper Search Limited has secured two key exploration licences in South Australia's Eromanga Basin for Heavy Mineral Sands, setting the stage for a fully funded drilling campaign later this year. The company is also progressing copper-gold projects in New South Wales with government co-funding applications underway.

Mount Hope Mining has significantly expanded its footprint in the prolific Cobar Basin, NSW, by securing a new exploration licence that more than doubles its landholding. This strategic move targets key mineralisation structures and sets the stage for intensified exploration.

Iron Road Ltd has entered a staged Farm-In and Joint Venture agreement with Red Tiger Resources to explore the promising EL6580 tenement in South Australia, targeting heavy mineral sands and other critical minerals. The deal includes a phased investment approach with potential to increase Iron Road’s stake to 70%.

Legend Mining has signed binding term sheets to acquire the Pinnacle Well Project near Leonora, marking its first move beyond the Fraser Range with promising gold and base metals prospects.

Tolu Minerals has launched a AU$15 million exploration campaign deploying seven diamond drill rigs to expand the Tolukuma gold mineralised corridor in Papua New Guinea, aiming to boost production and extend mine life.

Prominence Energy Ltd has acquired the expansive Gawler Hydrogen Project, positioning itself at the forefront of natural hydrogen exploration in South Australia. This strategic move aligns with the company’s focus on early-stage, high-return energy sector opportunities.

Ronin Resources Limited updates ASX on delayed exploration activities and relinquished projects, citing socio-political challenges and market conditions. The company anticipates key licence grants by August 2025 and confirms compliance with listing rules while seeking new opportunities.