Latest Exploration Licences News

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 a significant gold resource discovery.

Duketon Mining has secured an option to acquire the Boodanoo Gold Project in Western Australia, featuring a significant historic gold soil anomaly that remains untested by drilling. The company plans to advance exploration rapidly over the next year.

Thunderbird Resources has executed a binding agreement to acquire 100% of the Springfield Gold Deposit in NSW, a drill-ready project with significant historical gold intercepts. The company also secured $2.2 million in funding to kickstart exploration.

Kalamazoo Resources has strategically expanded its Ashburton Gold Project in Western Australia by acquiring the contiguous Xanadu Gold Project and securing a new exploration licence, significantly increasing its exploration footprint amid a strong gold price environment.

Everlast Minerals Ltd has issued a Replacement Prospectus for a $4-6 million ASX IPO to fund its mineral sands projects in Bangladesh, focusing on advancing the Gaibandha project towards commercial production.

Somerset Minerals reports extensive visible copper mineralisation in two new drill holes at its Coppermine Project, extending known zones below previous intercepts and hinting at a larger system at depth. Assay results are expected soon, with geophysical surveys underway to guide further exploration.

Metal Bank Limited has completed due diligence on Hastings Technology Metals' gold assets and is set to commence drilling at the Seven Leaders prospect, marking a key step in its Western Australian gold expansion strategy.

Falcon Metals has reported impressive high-grade gold intercepts at its Blue Moon prospect, confirming continuation of historic reef lines and securing a second drill rig to accelerate exploration.

New Hope Corporation has updated its 2025 coal resources and reserves, highlighting a significant increase at West Muswellbrook due to a new geological model, while overall reserves remain steady.

DY6 Metals has acquired a key historic rutile mining area in central Cameroon, significantly expanding its Central Rutile Project and positioning itself as a dominant player in a globally emerging rutile province.

Yari Minerals has raised $1.5 million through a share placement to fund its first drilling campaign at the South Rolleston Coal Project, aiming to upgrade its coal resource classification and confirm metallurgical quality.

Invictus Energy has extended its Exclusive Prospecting Orders in Zimbabwe’s Cabora Bassa Basin for another three years, setting the stage for a high-impact exploration campaign including the Musuma-1 well targeting substantial gas and condensate resources.