Latest Exploration Licences News

Hillgrove Resources has secured an option to earn an 80% stake in the Mutooroo Copper Project through a $10 million pre-feasibility study farm-in with Havilah Resources, aiming to leverage existing infrastructure to boost copper output.

Hillgrove Resources has secured the right to earn an 80% stake in the Mutooroo Copper Project through a farm-in deal with Havilah Resources, leveraging its Kanmantoo processing plant to potentially boost copper output with lower capital risk.

West Cobar Metals (ASX: WC1) has secured a district-scale copper position in the Cobar Basin by adding EL9915, home to the Blind Freddie prospect featuring a >2.5km copper-gold anomaly. The company plans extensive drilling in 2026 to test multiple concealed copper targets including Lilyvale and Bulla Park.

OZZ Resources plans to acquire a nickel-copper-cobalt project in Western Australia’s Murchison region, aiming to raise up to $5 million to fund exploration and return to ASX listing.

Corazon Mining takes a major step into gold development by acquiring the Chalice Gold Project from Westgold, backed by a $16.5 million capital raise and a near 20% strategic stake from Westgold.

Dalaroo Metals has secured government approval for two key exploration licences, significantly enlarging its Blue Lagoon Project in Greenland and reinforcing its position in a critical minerals hotspot.

S2 Resources has secured all exploration licences for the Loch Lilly project in New South Wales, unlocking a vast underexplored belt with multiple copper-gold porphyry targets poised for systematic exploration.

Augustus Minerals has raised $2.5 million through a share placement to fast-track drilling at its flagship Music Well project and advance exploration across its Western Australian and Papua New Guinea assets.

West Cobar Metals (ASX: WC1) has bolstered its Cobar Basin footprint with the granting of EL9912, unveiling a gravity anomaly at Lilyvale that outstrips its Bulla Park deposit and signals potential for a new concealed copper district.

Rumble Resources and AIC Mines have agreed to sell their combined 100% interest in the Lamil Project to Aventine Resources for A$1.1 million plus royalties, as Rumble sharpens focus on core assets.

Chariot Resources has broadened its Nigerian lithium acquisition by adding a key small-scale mining licence and converting three leases to mining leases, extending the acquisition timeline and increasing regulatory costs.

Hillgrove Resources reports underground drilling at Kavanagh surpassing 2025 resource grades, pushing mineralisation deeper and wider, while securing new tenements to boost regional copper exploration.