Latest Exploration Licences News

Fortuna Metals has confirmed significant high-grade rutile mineralisation at its newly acquired Mkanda project in Malawi, supported by a successful A$3.5 million capital raise to advance exploration.

NGX Limited has progressed its natural graphite exploration in Malawi and uranium projects in Namibia, while maintaining a robust financial footing with $2.7 million cash and no debt. The company is actively pursuing strategic partnerships and development pathways aligned with the clean energy transition.

AuKing Mining Ltd has agreed to acquire 100% of tin and silver exploration licences adjacent to Tasmania’s Renison Bell mine, tapping into a historically rich mining district amid surging tin prices.

Sierra Nevada Gold has been awarded the As Safra Copper-Gold Project in Saudi Arabia, marking a strategic expansion into a promising mineral province. With historic high-grade results and drilling planned for April 2026, the project could be transformative for the company.

Augustus Minerals has expanded its gold exploration footprint at Music Well and is preparing for drilling, while progressing key licence applications in Papua New Guinea. Leadership changes and financial positioning signal a pivotal phase ahead.

Exultant Mining Limited has marked a strong start post-IPO with promising early exploration results and a robust cash position, setting the stage for systematic drilling in 2026.

Western Yilgarn NL has broadened its gallium exploration at the Ida Holmes Junction Project and secured critical land access for its Cardea 2 Bauxite Project, backed by a $698,000 capital raise to advance multiple resource programs.

GoldArc Resources has identified multiple high-priority gold targets at its Leonora projects and secured strategic partnerships to accelerate mining development, backed by a $2.5 million cash advance facility.

Axel REE Limited reports a remarkable 145% increase in rare earth elements and 339% gallium resource growth at its Caladão Project, alongside a metallurgical breakthrough that could slash development costs through in-situ leaching.

Finder Energy is accelerating its KTJ oil project in Timor-Leste, securing a key FPSO vessel and a major funding partnership to target first oil by the end of 2027. Strategic alliances and resource upgrades underpin a fast-moving development plan.

Grand Gulf Energy has progressed its Petroleum Exploration Licence application offshore Namibia and continued development discussions for its Red Helium Project, maintaining a disciplined capital approach during the December 2025 quarter.

Tali Resources reports promising initial drilling results and identifies new exploration targets at its West Arunta Project, backed by a solid $4.2 million cash reserve.