Latest Exploration Licences News

CGN Resources has expanded its footprint in Western Australia's prolific gold belt by securing two new exploration licences near Leonora, enhancing its Panhandle Project and complementing the nearby Christmas Well Project. Initial drilling is slated for late 2025, targeting underexplored gold-bearing structures.

Octava Minerals reports impressive bioleaching recoveries of critical minerals from its Byro project, prompting plans to acquire full ownership and expand exploration activities.

Stellar Resources has secured 100% ownership of the Granite Tor Project in northwest Tasmania, adding a promising tin and rare earth elements exploration asset adjacent to its Heemskirk Project. Historical sampling highlights significant tin and cerium anomalies, setting the stage for further exploration.

Quantum Graphite Ltd reported a significant revenue jump alongside a $4.9 million net loss for FY2025, as it pushes forward with its Uley 2 graphite project backed by major infrastructure and funding initiatives.

Somerset Minerals reports multiple wide zones of visible copper mineralisation from Phase-2 drilling at its Coppermine Project in Nunavut, Canada, with assays pending. The results extend known mineralisation over 150m below surface and set the stage for a major drilling scale-up.

Rimfire Pacific Mining is set to begin a fully funded 24-hole drilling campaign at its Rabbit Trap Scandium Project in central New South Wales, targeting promising laterite-hosted scandium mineralisation.

Metal Bank Limited has signed a binding agreement to acquire key gold assets from Hastings Technology Metals, marking a significant expansion of its Western Australian portfolio. Drilling has already commenced at the Whiteheads Project’s Seven Leaders prospect, signaling early progress.

S2 Resources has significantly expanded its Jillewarra project area over a highly prospective gold shear zone and completed drilling at West Murchison, with assay results pending. Meanwhile, Glenlogan assays returned no significant mineralisation.

S2 Resources is set to begin diamond drilling within weeks at its Warraweena project in northern New South Wales, following promising historical drill results and an ongoing gravity survey extension. The project targets multiple mineralisation styles, including gold, copper, nickel, and base metals.

Solstice Minerals has expanded its Yarri Gold Project tenure by securing new exploration licences over three advanced gold prospects with significant historical drill results, enhancing its regional footprint alongside ongoing drilling at key targets.

Forrestania Resources has agreed to acquire four exploration licences adjacent to the Edna May Gold Mine, aiming to strengthen its position in Western Australia's Southern Cross region.

Kula Gold has agreed to sell its Westonia Project to Forrestania Resources for an upfront $500,000 plus a $1 million contingent payment tied to resource discovery. This move sharpens Kula’s focus on advancing its Mt Palmer Gold Project.