Latest Exploration Licence News

Agrimin Limited continues its strategic review of the Mackay Potash Project while initiating new geophysical surveys in Western Australia’s West Arunta region, alongside ongoing cost reductions and a stable cash position.

MinRex Resources reports promising rare earth element and titanium dioxide results from its maiden drilling at the Fraser Range Project, while extending its option to acquire a 50% stake until January 2026.

Genesis Resources advances its exploration portfolio with 100% ownership of the Plavica project in North Macedonia and completes follow-up drilling in Australia, awaiting assay results.

Kalamazoo Resources retains full ownership of its Ashburton Gold Project after Northern Star declines its acquisition option, accelerating a Scoping Study supported by record gold prices. The company also expands its footprint with the strategic Xanadu acquisition and secures $2 million in fresh capital.

Rapid Critical Metals has advanced its strategic silver portfolio in New South Wales through a $14 million capital raise, key acquisitions, and the start of drilling at its flagship projects, positioning itself for significant growth.

Scorpion Minerals reports promising shallow gold intercepts at its Pharos Project and announces a strategic collaboration with Gylden Resources, enhancing processing options in Western Australia’s Murchison region.

Eclipse Metals has advanced its Greenland rare earths project with expanded drilling and a key licence renewal, while preparing for a NASDAQ dual listing to tap North American investors.

Energy Transition Minerals’ arbitration over the Kvanefjeld rare earths project sees a key ruling that splits jurisdiction between courts and arbitration, setting the stage for renewed legal and operational developments.

Tolu Minerals confirms multiple high-priority porphyry copper-gold targets at its Mt Penck project in Papua New Guinea, supported by an independent geophysical review and surrounded by active exploration including a major Rio Tinto application.

Voltaic Strategic Resources has identified new gold mineralised corridors at Meekatharra and confirmed rare earth potential at Paddys Well, while maintaining a robust cash position of A$7.9 million.

Grand Gulf Energy progresses its Petroleum Exploration Licence application offshore Namibia and advances seismic survey planning for its Red Helium project, while exploring strategic partnerships to enhance growth.

DMC Mining Limited reports steady progress on its Guinea projects’ licences amid ongoing ASX re-admission efforts, despite critically low cash reserves.