Latest Exploration Licences News

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

North Stawell Minerals’ latest surface geochemistry results at Caledonia reveal a coherent gold anomaly aligned with the Darlington-Caledonia trend, boosting confidence in high-grade mineralisation potential beneath shallow cover.

Dundas Minerals has raised $2.5 million through a strongly supported share placement to fund gold exploration drilling at its Kalgoorlie and expanded Romano projects in Western Australia.

Middle Island Resources has revealed extensive polymetallic soil anomalies spanning 5km at its Tisovik target in Serbia’s Bobija Project, signalling a promising expansion of mineralisation. The company plans to intensify exploration activities starting March 2026 to unlock the area’s full potential.

InVert Graphite’s latest drilling results from its Morogoro Project in Tanzania reveal wide zones of high-grade graphite, with assays hitting up to 21.5% Total Graphitic Carbon. These findings bolster confidence in the project’s scale and quality ahead of further exploration.

St Barbara Limited has expanded its Nova Scotia exploration portfolio with 44 new targets near its 15-Mile Processing Hub, aiming to extend the mine life beyond 11 years. The company has acquired 174 exploration licences and plans extensive drilling and sampling in 2026.

Westar Resources outlines ambitious 2026 exploration plans across Western Australia and the Northern Territory, focusing on gold and base metals with new drilling and sampling programs.

88 Energy advances its Namibia exploration with a planned high-resolution airborne survey and bolstered confidence from nearby successful drilling results.

Western Yilgarn NL has announced a significant discovery of high-grade gallium and tellurium mineralisation at its Ida Holmes Junction Project in Western Australia, highlighting a potentially large and regionally extensive critical minerals system.

Altamin Limited has obtained a retrospective Environmental Impact Assessment approval for its Gorno Project in Italy, strengthening its regulatory footing and supporting strategic options for development.

Hamelin Gold has identified a high-grade gold lode, named Aurora, at its Day Dawn Project near the Telfer mine in Western Australia, revealing promising historical drill results and plans for follow-up drilling in 2026.